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Lot 17 Riddoch St, Penola$150,000
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Lot 17 Riddoch St

Penola, SA 5277, Australia
$150,000
1008 m²

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About this property

Positioned in a prime and highly convenient location, Lot 17 Riddoch Street presents an exceptional opportunity to secure a spacious 1008m² corner allotment in the heart of Penola. Offering the ultimate blank canvas to build your dream home (STCA), this generous parcel boasts impressive proportions with approximately 25 metres of frontage to Riddoch Street and 32 metres to Gibson Streetproviding flexibility for a range of home designs, shedding, or access options. Location is everything, and this one delivers. Just 99 steps from Penola Primary School, adjoining McKay Childcare Centre, and only 487 steps to Penola Foodland - there's no need to take the car out of the drive way. Enjoy easy access to Penola's vibrant cafes, retail outlets, hotels, and the Mary MacKillop Memorial Schoolall just moments away. The allotment is newly fenced with Colourbond fencing on two sides, adding immediate value and peace of mind as you plan your build. Power, water and STEDS are also all available. Offered subject to final subdivision approval, this is a rare chance to secure a sizeable, well-positioned block in an established and sought-after township. For more information, contact Karly Honner on 0438 339 729. Property Code: 1049

Property Details

Property Type
land
Listing Type
For Sale
Land Area
1008 m²
Listed
3 months ago

Repayment calculator

$727/month
$364 /fortnight
Loan $120,000 at 6.10% over 30 years

Upfront costs

Deposit$30,000
Stamp duty$4,830
Conveyancing (est.)$2,000
Total upfront$36,830
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 land in Penola, SA 5277 sits within reach of and nearby schools. It is listed 46% 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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