Penola
Suburb profile, market snapshot and recent listings for Penola, SA 5277.
About Penola
Welcome to Penola
Penola sits in South Australia's Limestone Coast region, about 400 kilometres south-east of Adelaide, on the fringe of the Coonawarra wine region. Best known as one of the birthplaces of Australia's wine-growing story and the home town of Saint Mary MacKillop, this is a settled rural town with a strong sense of its own history and a working relationship with the vineyards and farmland that surround it.
With a population of 1,622 and a median age of 47, Penola suits people looking for a slower pace, more space, and a genuine country community rather than a commuter-belt lifestyle. It appeals to families wanting room to grow, retirees drawn to the town's heritage charm, and buyers keen to get a foothold in a market that has moved noticeably in recent years.
Lifestyle & dining
Penola's compact main street is lined with heritage bluestone buildings, a reminder of the town's nineteenth-century roots, and its proximity to Coonawarra means some excellent food and wine minutes from home. Cellar doors along the famous Coonawarra strip are a short drive away, and the town itself has a handful of pubs, cafes and eateries that lean on the region's produce and wine industry for their menus.
The pace here is unmistakably rural, with community events, agricultural shows and local sporting clubs forming much of the social calendar. It's a town where people tend to know their neighbours, and where the wine and farming industries shape day-to-day life as much as anything else.
History
Penola is one of South Australia's oldest inland towns, settled in the 1840s, and it holds a special place in the national story as the town where Saint Mary MacKillop began her teaching mission and helped found the Sisters of St Joseph. That legacy is still visible in the town's streetscape and celebrated through sites connected to her life, and it continues to draw visitors interested in the heritage trail as much as the wine trail.
Schools & families
Families in Penola are well served locally, with Penola Primary School and Penola High School covering government schooling through to the senior years, and Mary MacKillop Memorial School offering a Catholic education option that reflects the town's namesake connection. Having a full run of schooling options within the town itself is a drawcard for families who want to avoid long daily commutes to larger centres.
Getting around
Penola is a car-dependent town, as is typical of the Limestone Coast, with the Riddoch Highway running through and connecting it north to Coonawarra and south to Mount Gambier, the region's larger service centre. There's no passenger rail here, so most residents rely on private vehicles for work, school and shopping trips beyond the town boundary, while the town centre itself is easily walkable.
The property market
Penola's housing market has been on a strong run, with the median house price sitting at $455,000 after growth of 24.7% recently, a sizeable jump for a small regional town. Current listings show a mix of 56% land and 44% house, suggesting there's reasonable opportunity for buyers wanting to build as well as those after an established home.
That combination of affordability relative to metropolitan markets, plus recent capital growth, has made Penola a point of interest for buyers priced out of larger regional centres like Mount Gambier, as well as those drawn by the town's wine-region setting and small-town lifestyle.
Market snapshot
Penola property market
Median sale price
$455k
House · 3 bed
Median rent
—
per week
Gross rental yield
—
annual rent ÷ sale price
Typical price range
Entry
$261k
Median
$455k
Premium
$783k
Days on market
98
Auction clearance
0%
Sold this year
15
Median sold price trend · House 3 bed
Compound growth +15.3% / yr over 4 yrs
Property types on market
Share of current listings in Penola by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Penola, SA 5277.
Population
1,622
residents (2021)
Median age
47
years
Household income
$1,369
median, per week
Median rent
$198
per week
Median mortgage
$1,050
per month
Mortgage / income
18%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Penola
Government school catchment
Independent & Catholic schools
Recent results
Recently sold in Penola
$470k
4 Gibson Street
Sold ~July 2026
$765k
2-4 Miamba Close
Sold ~June 2026
$110k
42 Cameron St
Sold ~June 2026
$550k
1 Riddoch
Sold ~June 2026
$660k
20D Clarke St
Sold ~June 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Penola
Compare the area
Price map around Penola
Every listing for sale near Penola, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
Loading price map…
Common questions
Penola suburb FAQ
What is the median property price in Penola?
The median house price in Penola, SA is $455k for a 3-bedroom home. Over the past year, median sold prices have risen about 24.7%.
Is Penola a good place to live?
Penola is a town in the Australian state of South Australia located about 388 kilometres (241 mi) southeast of the state capital of Adelaide in the wine growing area known as the Coonawarra. Penola is an established residential suburb in SA, with a population of around 1,622 and 3 schools in the area.
What is the population of Penola?
Penola has a population of 1,622 (ABS 2021 Census), with a median age of 47.
What schools are in Penola?
There are 3 schools in or near Penola, including Mary MacKillop Memorial School, Penola Primary School and Penola High School.
How long do homes take to sell in Penola?
Properties in Penola take around 98 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Penola?
Entry-level properties in Penola start around $261k, while premium homes reach $783k.
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