Casterton RoadPenola SA 5277
Property Details for Lot 13 Casterton Rd, Penola
Last Listing description (April 2018)
Located only 6kms from Penola of the Casterton Road, this parcel is a real opportunity for a person seeking a lifestyle property close to the township of Penola. Under the red gums is a parcel of land on 56.30 hectares or 139.12 acres of prime grazing country. Split into four paddocks all watered by a solar setup, there is also a gravel pad ready for you to build your dream home as power is available on the allotment. All weather access is also a feature. Well worth an inspection it will impress. Auction 11th of November at 10am on Site. Contact Mark De Garis 0428372124. Property Code: 536
Property History for Lot 13 Casterton Rd, Penola, SA 5277
- 09 Feb 2018Sold for $620,000
- 25 Sep 2017Listed for Sale AUCTION
- 11 Oct 1993Sold for $104,000
About Penola 5277
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 117.71% increase in median value, while Units have seen a 71.19% increase. As at 30 April 2026:
- The median value for Houses in Penola is $431,783 while the median value for Units is $387,485.
- Houses have a median rent of $260.
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