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8283 Clay Wells Rd, Penola$1.50m
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For Salehouse

8283 Clay Wells Rd

Penola, SA 5277, Australia
$1.50m
50.59 ha

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About this property

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

Property Details

Property Type
house
Listing Type
For Sale
Land Area
50.59 ha
Listed
3 months ago

Repayment calculator

$7,272/month
$3,636 /fortnight
Loan $1,200,000 at 6.10% over 30 years

Upfront costs

Deposit$300,000
Stamp duty$76,330
Conveyancing (est.)$2,000
Total upfront$378,330
Verify with SA revenue office →
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 house in Penola, SA 5277 sits within reach of and nearby schools. It is listed 436% above the $280,000 median of 37 comparable houseswithin 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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