54 Portland St, Penola is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 745m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 3 bedroom House sold in Penola in the last 12 months.
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Ray White Mt Gambier proudly presents 54 Portland Streetr, Penola for Lease.
Positioned in the heart of Penola township, just minutes from the celebrated Coonawarra wine region, 54 Portland Street represents a premier opportunity for a tenant. For those seeking a low-maintenance neat and tidy home this is the perfect home for you.
The home has been renovated from top to bottom in recent years, sitting on a 745m² corner allotment that boasts appealing vineyard views. Constructed from solid Mount Gambier stone.
Inside, the separate living room provides instant warmth and charm through polished timber floors, a slow-combustion fire, and a feature period mantle. The kitchen serves as a significant drawcard for premium tenants, offering quality finishes such as custom cabinetry, Caesarstone benchtops, a 900mm oven with a 5-burner gas cooktop, and a handcrafted timber island bench. Practicality meets style with hybrid waterproof flooring transitioning through the central spaces, leading to the laundry, separate powder room, and three carpeted bedrooms. The master suite includes generous built-in robes, and all rooms surround a stylishly renovated central bathroom, ensuring broad appeal across various tenant demographics.
The outdoor spaces are equally well-catered for, featuring a rear verandah that overlooks an elevated recycled hardwood deck-perfect for tenants seeking low-maintenance relaxation with a view. Secure fencing, established gardens, and dual vehicle parking further enhance the property's functionality and security. Modern efficiencies, including a 7 kVA reverse-cycle air conditioner, an instant gas hot water service, and a rainwater tank for the gardens, complete this high-standard package.
Additional Information:
Lease Term: 12 Months
Pets: Pets upon application
RLA: 291952
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 1,247 properties. Over the last 5 years, Houses in Penola have seen a 119.72% increase in median value, while Units have seen a 110.41% increase. As at 30 June 2026:
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