Penola at a glance
1,674
People
$452,500
Median sale
$312/wk
Median rent
3.59%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
$455,000
Last sold
1 Oct 2025
3
Bedrooms
2
Bathrooms
2
Car spaces
508 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$455,000
1 Oct 2025 · derived via latest_sale
Local land rate: recorded House sales in Penola (last 5 years) with land size have a median of $334/m² of land (n=40). Districts calculation from recorded sales — not a valuation.
Penola at a glance
1,674
People
$452,500
Median sale
$312/wk
Median rent
3.59%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Vs Penola
+0.6%
Median sale
Suburb $452,500
-0.02 pp
Gross yield
Suburb 3.59%
Suburb median $452,500 from 10 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $312/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Penola at a glance
1,674
People
$452,500
Median sale
$312/wk
Median rent
3.59%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Thomas DeGaris & ClarksonTDC Livestock and Property are proud to offer 14B Arthur St to market; Executive, low maintenance, architectural brilliance in the heart of Penola.
The Townhouse
14B Arthur St or "Verdelho" as it is comonly known offers modern living, unique architectural design and bespoke fitout which is truly breathtaking. Designed for low maintenance living, this is a rare residential opportunity for those seeking luxury, comfort and the ability to walk everywhere in this fantastic location.
Upon entry you'll be greeted by the striking high ceilings providing the ultimate 'wow' factor. The fully self-contained kitchen and open plan living are spacious and filled with natural light, offering the perfect, modern entertaining or relaxation space. This area seamlessly transitions to an external private entertaining courtyard area with BBQ, lawn & tranquil garden. The master bedroom is situated on a unique mezzanine level featuring a king size bed, private ensuite featuring a double rainfall shower, large walk-in robe and study nook.
On the ground floor are two private bedrooms, both with built in storage. A huge second sparkling bathroom is offered on the lower level which is adorned with an indulgent freestanding spa bath, double basins and a double shower. The townhouse also offers a laundry with storage cupboards. The property also offers ducted heating and cooling, electric and gas hot water, keypad entry, bituman parking for at least 4 vehicles, secure fencing, rainwater and an established yet low maintenace garden.
Whether you are a young executive looking for a stylish and convenient home, or retiree looking to downsize with modern day comforts, this is the property for you!
An identical (mirror image) adjoining Townhouse 14A Arthur or "Merlot" is listed separately. The Vendors would look favourably on an offer for the two properties.
The Location
The location is simply unbeatable. Diagonally situated across from the Penola Park and Swimming Pool, across the road from one of two fantastic local Hotels, and mere metres walk to all other Penola cafes, restaurants, retail outlets and amenities.
Penola is the gateway to South Australia’s famous Coonawarra wine region and a must-visit tourist destination. This idyllic, character filled township has so much to offer; wineries & cellar doors, cafes, fine dining, art galleries and it's own heritage listed lane. Experience Penola's vibrant, supportive community and easily access the stunning coastal towns like Robe (only 1 hour away) and other city centres with Mt Gambier airport only a 30 minute drive away.
The Business
The two townhouses currently operate as 'Merlot Verdelho Townhouses'; luxurious, indulgent accommodation in the heart of the Penola/Coonawarra wine region. The business is showing extremely promising returns, through high occupancy, return visitors and great local tourism relationships. The unique design of the townhouses offers guaranteed popularity as it is one of very few accommodation offerings in Penola available to accommodate groups of up to 12. Similarly, the building design and rate structure ensures townhouses can be booked independent of each other and for as little as one person.
"For several years, Coonawarra Experiences has arranged accommodation for our visiting clients at the Merlot & Verdelho Residences, and we've consistently been impressed by the excellent service and top-notch quality of the property. Our clients consistently report that the residences are modern, impeccably clean, and significantly enhance their experience in the region. Additionally, the prime location in the heart of the Penola township is a major drawcard, allowing guests convenient access to services, cafes, and evening dining without the need for transportation." Simon and Kerry Meares, Coonawarra Experiences
The current Vendors are looking to retire, and can offer favourable hand-over terms allowing for smooth business transition. Future bookings have been secured. All figures are available. Walk in walk out opportunity on offer.
Don't miss this opportunity to own this truly unique asset in the heart of thriving Penola.
Contact Karly Honner 0438 339 729 or Mark De Garis 0428 372 124 to arrange a private inspection.
Property Code: 970
Listing description written by Karly Honner, Thomas DeGaris & Clarkson — reproduced as published, not verified by Districts.