40 Portland StreetPenola SA 5277
Property Details for 40 Portland St, Penola
40 Portland St, Penola is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1954. The property has a land size of 923m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last transferred in February 2026.
Last Listing description (March 2021)
Situated on a 923m2 (approx.) corner allotment, screened by a scattering of mature trees you will find 40 Portland St. A solid stone home, with a lot to like about it. This property would be the perfect first home, a place to retire or an investment opportunity with proven rental history.
What a great location; McCorquindale Park (sporting and recreation facilities) is located at the end of the street and Penolas historic town centre is only a short walk away.
The house has a great feel about it, with tasteful neutral finishes throughout. The combined kitchen / dining has new flooring, gas cooktop and extends through via a set of double bifold doors to the carpeted living area. Here, a slow combustion fireplace a must in Penola, as well as a ceiling fan for all year comfort.
Off the central hall you will find 3 carpeted bedrooms (with fans), a linen cupboard, and a modest bathroom with shower over bath.
Access to the rear of the property is off the kitchen, via the mud room / laundry where you will also find a separate toilet.
Outside will surely impress.
- A private and secure yard with lawn and nice garden.
- Rainwater tank.
- A double garage with concrete floor, power, and space for additional cars to park in front...
- to the rear of this - a large, covered pergola; a perfect place to entertain.
Whether you are looking to invest or taking advantage of the governments generous housing grants currently available, there is lots to love about this property. Call Karly 0438 339 729 or Meg 0407 740 034 or to arrange your private inspection now. The Penola property market has never been stronger, and we are sure this gem will not last long.
Property Code: 737
Property History for 40 Portland St, Penola, SA 5277
- 26 Feb 2026Transferred
- 22 May 2024Sold for $280,000
- 19 Mar 2021Sold for $155,000
Recent sales nearby
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About Penola 5277
The size of Penola is approximately 252.5 square kilometres. There are 14 parks, covering nearly 11.5% of the total area. The population of Penola in 2016 was 1592 people. By 2021 the population was 1622 showing a population growth of 1.9% in the area during that time. The predominant age group in Penola is 50-59 years. Households in Penola are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Penola work in a managers occupation.In 2021, 72.60% of the homes in Penola were owner-occupied compared with 67.40% in 2016.
Penola has 1,246 properties. Over the last 5 years, Houses in Penola have seen a 126.22% increase in median value, while Units have seen a 117.06% increase. As at 31 May 2026:
- The median value for Houses in Penola is $445,505 while the median value for Units is $372,552.
- Houses have a median rent of $260.
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