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51 Clarke Street, Penola$120,000
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51 Clarke Street

Penola, SA 5277, Australia
$120,000
1011 m²

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About this property

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 - 1011m² Council rates: $1,402 per annum (approx. $350 per quarter) RLA 291953

Property Details

Property Type
land
Listing Type
For Sale
Land Area
1011 m²
Listed
1 month ago

Repayment calculator

$582/month
$291 /fortnight
Loan $96,000 at 6.10% over 30 years

Upfront costs

Deposit$24,000
Stamp duty$3,630
Conveyancing (est.)$2,000
Total upfront$29,630
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Penola

This land in Penola, SA 5277 sits within reach of and nearby schools. It is listed 57% below the $280,000 median of 36 comparable landswithin 5 km.

Schools near Penola

  • Mary MacKillop Memorial Schoolprimary · R-6 · CoEd
  • Penola Primary Schoolprimary · R-6 · CoEd
  • Penola High Schoolsecondary · 7-12 · CoEd

Penola at a glance

Full suburb profile
Population
1,622
Median age
47
Household income
$1,369/wk
Median rent
$198/wk
Median mortgage
$1,050/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Penola price trend

Median sold · House 3 bed

Compound growth +15.3% / yr over 4 yrs

$455kcurrent median

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Price history

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