437 Old Comaum Rd, Penola is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 7866m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 4 bedroom House sold in Penola in the last 12 months.
Nestled among stunning red gums just five minutes from the heart of Penola and set on a generous 1.76 acre (7132m2) allotment, this solid stone residence is ideal for those seeking a lifestyle property with room to grow, roam, and relax.
Step inside to discover a warm and inviting interior featuring timber floorboards throughout, expansive windows with picturesque rural views, and a slow-combustion wood fire that adds cozy charm to the main living area.
The home boasts three good size bedrooms, one with built-in robes, plus a fourth bedroom or rumpus room located at the rearideal for teenagers, a home office, or a playroom. A large mudroom with an adjoining toilet with adjoining laundry can also be found at the rear of the home. The renovated bathroom and kitchen offer contemporary features. There is so much scope to further renovate and transform this wonderful home.
Outdoor offers an entertaining area, large rainwater tank, and a carport alongside the home. Watch the sheep graze next door or enjoy the wide-open spaces perfect for children, pets, or gardening enthusiasts.
A detached Granny Flat is also on offer at the rear of the allotmentan ideal setup for extended family, guests, or even rental income. The flat includes:
- One bedroom
- Open-plan kitchen and living area
- Bathroom with shower and toilet
Whether you're looking to embrace the peaceful rural lifestyle, create a multi-generational living setup, or simply enjoy the luxury of space and nature, this property ticks all the boxes.
Contact Karly Honner 0438 339 729 or Mark De Garis 0428 372 124 for more information or to arrange an inspection.
Property Code: 979
The size of Penola is approximately 252.5 square kilometres. It has 14 parks covering nearly 11.5% of 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 $1000 - $1399 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 1,235 properties. Over the last 5 years, Houses in Penola have seen a 122.03% increase in median value, while Units have seen a 119.65% increase. As at 30 November 2025:
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