SA · 5277

Penola

Suburb profile, market snapshot and recent listings for Penola, SA 5277.

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 price ranks #3,507 of 3,797 suburbs · pricier than 8%

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.

Land56%
House44%

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

Penola Primary School

R-6CoEdGovernment
Visit school website →

Penola High School

7-12CoEdGovernment
Visit school website →

Independent & Catholic schools

Mary MacKillop Memorial School

R-6CoEdCatholic
Visit school website →

Recent results

Recently sold in Penola

$470k

4 Gibson Street

house3 bd · 1 ba · 6 car

Sold ~July 2026

$765k

2-4 Miamba Close

house2 ba · 5 car

Sold ~June 2026

$110k

42 Cameron St

land

Sold ~June 2026

$550k

1 Riddoch

house1 bd · 1 ba · 2 car

Sold ~June 2026

$660k

20D Clarke St

house4 bd · 2 ba · 2 car

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

Loading map…

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.

CheaperPricier
PenolaNearby suburbs

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.

Available now

Properties in Penola

View all listings →
Image 1
For Sale
$150,000
land

Prime Allotment in the Heart of Town!!

Lot 22/45 Arthur Street, Penola SA 5277
1220 m²
PPHS3 months ago
Ask AI about this property
Image 1
Image 2
For Sale
EOI
house
StMate est. ~$485k

Quality craftsmanship on display in Penola within this picture-perfect family home

20E Clarke Street, Penola SA 5277
4231007 m²
Ray White Mount Gambier3 weeks ago
Ask AI about this property
Image 1
Image 2
For Sale
EOI
house

Graymoor Estate

91 Maaoupe Road, Penola SA 5277
41682.96 ha
Thomas DeGaris & Clarkson Stock Station Agents1 month ago
Ask AI about this property
Image 1
For Sale
$120,000
land

Great building block in fantastic location

51 Clarke St, Penola SA 5277
1011 m²
Thomas DeGaris & Clarkson Stock Station Agents3 months ago
Ask AI about this property
Image 1
Image 2
For Sale
$795k–$870k
house

SALE - BEAUTIFUL CHARACTER LIFESTYLE - 2 DWELLINGS + VINES

15535 RIDDOCH HIGHWAY, Penola SA 5277
7247800 m²
Complete Real Estate3 months ago
Ask AI about this property
Image 1
Image 2
For Sale
$695,000
house

The Complete Lifestyle Package - Family Living Meets Outdoor Living

8 Julian Street West, Penola SA 5277
3263082 m²
PPHS1 month ago
Ask AI about this property
Image 1
Image 2
For Sale
$450,000
land

Location Location!!! Dual Income Investment with Future Flexibility

1 and 2/4 Portland Street, Penola SA 5277
421695 m²
PPHS2 months ago
Ask AI about this property
Image 1
Image 2
For Sale
$120,000
land

Prime Penola Opportunity - Build, Invest or Secure Your Future

51 Clarke Street, Penola SA 5277
1011 m²
Ray White Mount Gambier1 month ago
Ask AI about this property
Image 1
Image 2
For Sale
$280,000
land

Gum studded 5 hectare allotment two minutes from Penola

Lot 104 Dergholm Road, Penola SA 5277
5 ha
Thomas DeGaris & Clarkson Stock Station Agents3 months ago
Ask AI about this property
Image 1
For Sale
$120,000
land

Level, Spacious 1011m² Allotment - Ready to Build (STCA)

51 Clarke Street, Penola SA 5277
1011 m²
PPHS3 months ago
Ask AI about this property
Image 1
Image 2
For Sale
$290k–$310k
land

Huge Block! 2094m2 (approximately) on 1 Title!

18-22 Shanks Street, Penola SA 5277
2094 m²
Malseeds Real Estate3 months ago
Ask AI about this property
Image 1
Image 2
For Sale
$250,000
land

Fantastic Shedding in a Central Penola Location

6 Davis Cres, Penola SA 5277
8966 m²
Thomas DeGaris & Clarkson Stock Station Agents1 month ago
Ask AI about this property