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Lot 104/108 Dergholm Road, Penola$280,000
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Lot 104/108 Dergholm Road

Penola, SA 5277, Australia
$280,000
5 ha

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About this property

For those with a grand vision, the opportunity to craft a home from the ground up on a massive scale is a rare gift. We are thrilled to present this vacant allotment spanning an immense 5ha, offering a blank canvas for your most ambitious dreams. This allotment is more than just land; it's a gateway to a lifestyle defined by space, tranquility, and natural beauty. Located a mere 2.3 kilometers from the vibrant heart of Penola, you'll enjoy the serenity of country living without sacrificing the convenience of nearby shops, cafes, and schools. The potential here is truly unlimited. Whether you envision a sprawling family estate with room for a hobby farm, a boutique vineyard to complement the nearby Coonawarra region, or simply a luxurious lifestyle property with unparalleled privacy and space, these allotments provide the perfect foundation. Imagine waking up to the gentle rustle of leaves and the sight of your own flourishing land. Adding to the appeal and convenience, this allotment also features bitumised road frontage ensuring smooth and easy access to your future property. Penola is a town rich in history and charm, and its proximity to the renowned Coonawarra wine region makes it a destination for wine lovers and connoisseurs. These allotments offer a unique opportunity to become a part of this prestigious community, surrounded by ancient gums that define the landscape. This allotment represents more than an investment; it is an invitation to build a home and a life tailored precisely to your dreams. Don't miss this chance to secure your own immense slice of this exceptional corner of South Australia. Please note: All vines are being removed from this allotment. RLA 291953

Property Details

Property Type
land
Listing Type
For Sale
Land Area
5 ha
Listed
3 months ago

Repayment calculator

$1,357/month
$679 /fortnight
Loan $224,000 at 6.10% over 30 years

Upfront costs

Deposit$56,000
Stamp duty$10,380
Conveyancing (est.)$2,000
Total upfront$68,380
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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 0% above the $280,000 median of 38 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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1 price change recorded for this property

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