378 Richard Street, Penrice, SA 5353 | Property Value & History | OnTheHouse
OFF MARKET

378 Richard Street
Penrice SA 5353

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 101172m2
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Last updated 9 Feb 2026
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Property Details for 378 Richard St, Penrice

378 Richard St, Penrice is a 0 bedroom, 0 bathroom House. The property has a land size of 101172m2.

Building Type
House
Land Size
101172m2
Local Government
Barossa

Last Listing description (February 2026)

This breathtaking 9.97-hectare (25 Acre) Approx. holding delivers what most only dream of: jaw-dropping, uninterrupted 360-degree panoramas across the world-famous Barossa Valley. On a clear day the views stretch for miles rolling vineyards, distant ranges and the patchwork quilt of one of Australia's most celebrated wine regions, all laid out beneath you.
This is not just land. This is the ultimate blank canvas in the heart of the Barossa.

Approved (planning) or Ready for Your Vision

Imagine living in a beautifully designed three-bedroom, two-bathroom, open-plan home with a separate triple garage, cleverly split-level to hug the natural contours of the hillside ( planning approval) finished in timeless weatherboard and Colourbond, and fully off-grid capable with a 62,000 L rainwater system and wastewater management or you could have your own building plans to suit (STCC).

While the land lies within the Resource Extraction Zone (REZ), assessments confirm there are no viable mineral deposits, meaning extraction is not a practical or economic option.
Planning approval to construct a single-storey dwelling, which includes:
Three bedrooms with open-plan living
A split-level design to minimise earthworks
Natural, muted finishes (weatherboard cladding & Colorbond roof) blending with the landscape
A 62,000 L rainwater system and septic infrastructure for sustainable autonomy
Landscaping and an environmental management plan with revegetation measures

The Land Itself
- Fully fenced perimeter currently grazing a happy herd of sheep who'll tell you the pasture is excellent
- Cleared and ready for immediate development or continued agricultural use
- Rich, mineralised soils (high iron content) that support both native revegetation and productive grazing
- Mains water and power available nearby
- Multiple access points plus a dedicated off-street easement capable of accommodating trucks and heavy machinery
- Gently undulating to elevated plateau the perfect balance of usability and dramatic topography

Development & Land Use Potential
The property benefits from multiple access points, enhancing its subdivision potential (STCC) and creating strong flexibility for alternative land uses. Depending on council approvals and proposals put forward, the site may be suited for:
Residential dwelling with subdivision potential
Boutique winery, food or beverage processing facility
Road transport terminal or storage facility
Farming or commercial forestry
Energy production site (e.g. solar, renewable)
Telecommunication infrastructure
- Tourism venture, events venue or glamping retreat to mention a few
And with the adjoining allotment also available to purchase, you can secure almost 50 acres and create something truly iconic.

Lifestyle Meets Opportunity
Moments from the conveniences of Angaston, Nuriootpa and the Barossa's famous wineries, restaurants and producers, yet elevated high above it all this is the rare property that offers both seclusion and accessibility. A genuine once-in-a-generation opportunity to stamp your mark on the Barossa landscape.
Secure One of the Barossa's Finest Hilltop Holdings Today
Inspections strictly by appointment these views simply must be experienced to be believed.

Contact the exclusive agents Tony Bezuidenhout 0427 947 942 or Nick Doyle 0425 626 354

Disclaimer:
We have in preparing this information used our best endeavours to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein.

RLA 273693

Property History for 378 Richard St, Penrice, SA 5353

A timeline of how this property has performed in the market
  • 10 Sep 2025
    Listed for Sale Contact Agent
  • 18 Feb 2025
    Listed for Sale POA Contact Agent
  • 16 Jul 2024
    Listed for Sale POA Contact Agent
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About Penrice 5353

The size of Penrice is approximately 19.1 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Penrice in 2016 was 434 people. By 2021 the population was 486 showing a population growth of 12.0% in the area during that time. The predominant age group in Penrice is 40-49 years. Households in Penrice are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Penrice work in a managers occupation.In 2021, 82.40% of the homes in Penrice were owner-occupied compared with 84.30% in 2016.

Penrice has 272 properties. Over the last 5 years, Houses in Penrice have seen a 79.42% increase in median value, while Units have seen a 554.00% increase. As at 31 January 2026:

  • The median value for Houses in Penrice is $818,543 while the median value for Units is $728,384.
  • Houses have a median rent of $340.
There are currently 1 property listed for sale, and no properties listed for rent in Penrice on OnTheHouse. According to Cotality's data, 11 properties were sold in the past 12 months in Penrice.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.