8283 Clay Wells Rd, Penola is a 0 bedroom, 0 bathroom House. The property has a land size of 507800m2. While the property is not currently for sale or for rent, it was last sold in September 2019.
Just minutes from Penola, this outstanding 125-acre rural holding offers the perfect setting to build your dream home while enjoying productive farming country.
With excellent frontage to Clay Wells Road, the property opens into quality grazing and cropping land, complemented by scattered gum trees that create a beautiful balance of practicality and rural charm. The soils are heavy black loamhighly regarded for both cropping and strong grazing capacity.
A standout improvement is the impressive 60m x 18m high-clearance shed, complete with 3-phase power, gravel flooring, approximately 5.5m clearance, and wide-opening doorsideal for machinery storage, workshop space, or agricultural operations.
At the front of the property, approximately 13ha of vines are currently being removed, with works to be completed prior to settlement. Stock water is supplied via a windmill located centrally on the property.
With multiple potential house sites and the ability to generate income from the land, this is a rare opportunity in a tightly held area. 50ML of water is available if required (by request).
Offered at $1.5 million, this property is well worth your inspection.
For further information or to arrange a viewing, contact Mark De Garis on 0428 372 124.
Property Code: 1032
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 1,243 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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