Ray White are pleased to present this fantastic parcel of land at 51 Clarke Street, Penola -ideally sized, well-shaped, level, and affordable, making it perfect for investment or the build you've been planning.
Opportunities like this don't last -especially in a tightly held town like Penola, where quality land is increasingly hard to secure.
Positioned in a quiet, well-established street, this generous allotment provides the ideal foundation for your next move. Whether you're building your dream home, investing for the future, or securing land in a thriving regional community, this property delivers on location, lifestyle, and long-term value.
Penola is one of those rare towns where people don't just visit -they stay. With strong community ties and limited properties coming to market, demand continues to outweigh supply.
Local hospital and aged care facilities
Primary schools and a high school centrally located
Strong sporting clubs and community groups
Generous allotment in a quiet, established location
Residential zoning allowing flexibility for a range of builds (STCC)
Ideal for owner-builders, investors, or future planning
Zoned for residential development under the SA Planning & Design Code (STCC)
Relevant overlays and development guidelines apply
Contact Karyn Prelc on 0402 268 137 today to secure your interest.
Additional Property Information:
Land Size - 1011m
Council rates: $1,402 per annum (approx. $350 per quarter)
RLA 291953
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:
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