A wonderful opportunity to purchase 32 acres of prime farming with gorgeous scattered red gums. Perfectly located just 12 km from Penola this lifestyle property offers many opportunities for the lucky buyer. There is a dam and bore on the property with power passing through. There may even be a possibility to build on this stunning prime property subject to council consent. Properties of this size are so very hard to come by so donat let this one slip through your fingers!
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 1,238 properties. Over the last 5 years, Houses in Penola have seen a 136.28% increase in median value, while Units have seen a 120.37% increase. As at 31 December 2025:
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