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.
3
Bedrooms
2
Bathrooms
5
Car spaces
890 m²
Land
85 m²
Building
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
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
No recorded sale price for this property yet.
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.
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 Ray White Mt GambierThe snapshot:
Private and spacious on a generous 867sqm block, 2 Church Street offers a well-maintained three-bedroom, two-bathroom home with multiple living areas, a Queensland-style entertaining room and excellent shedding. Ideal for first-home buyers, investors or those seeking room to extend, it delivers easy comfort, outstanding storage and a relaxed Penola lifestyle moments from cafés, shops and Coonawarra wine country.
The location:
Penola is a charming rural township celebrated for its rich history, acclaimed wine region, and welcoming community spirit. Surrounded by the famed Coonawarra vineyards, it offers an enviable lifestyle where country tranquillity meets everyday convenience. With boutique cafés, quality schools, local shops, and award-winning cellar doors all close by, Penola is a place where heritage and modern living blend effortlessly.
Penola Town Centre - 2 min (1km)
Mary MacKillop Penola Centre - 3 min (1.2km)
Coonawarra Wine Region - 5 min (5km)
The home:
Tucked privately behind high Colorbond fencing and manicured hedges, 2 Church Street is a peaceful Penola sanctuary offering space, versatility and surprising scale on its generous 867sqm allotment.
This is a home that invites you to settle straight in while also giving you the opportunity to evolve, update or extend over time.
This makes it ideal for first-home buyers, investors or anyone ready to build on an already solid foundation.
A long driveway, established gardens and leafy surrounds set the tone for a lifestyle that feels relaxed and unhurried.
Inside, the warmth continues with a light-filled living area anchored by a slow-combustion wood heater, large windows and a calming garden outlook.
Timber-look flooring and an on-trend barn-style sliding door introduce an adjoining second living or dining space, which is a wonderfully flexible room with exposed ceiling beams and sliding doors opening directly to the great outdoors.
Accommodation is thoughtfully zoned, with three comfortable bedrooms offering great storage and natural light.
One bedroom features plush carpet, a split-system, exposed beams and built-in robes, positioned alongside a compact kitchenette, which creates an appealing option for multi- generational living, guests, extended family or even a potential rental opportunity.
The master bedroom includes built-in robes, plantation shutters and a charming window seat with storage, creating a cosy reading nook.
Meanwhile, bedroom three also offers built-in robes and built-in shelves, making it a versatile space that could also be used as a home office or study.
The home offers two kitchens, each catering to different needs.
A smaller kitchen sits directly off a bedroom at one end of the home, while the main kitchen is far more expansive, delivering crisp white cabinetry, a breakfast-bar island bench, a large pantry, dishwasher, electric cooking, split-system heating and cooling, and abundant preparation space.
The bathrooms are modern and well maintained, including a fully tiled main bathroom with deep bathtub and a spacious shower with rain shower and detachable shower head.
A large laundry, separate toilet and extensive hallway storage add further practicality.
What truly elevates the lifestyle here is the outstanding enclosed Queensland-style entertaining room.
This is an all-season venue fitted with skylights, ceiling fans, built-in cupboards, sink, BBQ, room for a fridge and space for both dining and lounge settings.
It's the perfect spot to host family gatherings, watch the cricket or enjoy long lunches sheltered from the elements.
Outdoors, you'll find lush lawns, water tank storage, a large shed with two bays plus workshop space and a double carport in the backyard that can also serve as an undercover entertaining area.
At the front of the home you'll also find an additional double carport for your vehicles, boats, caravans or trailers, in addition to a side driveway.
Private, spacious and full of potential, 2 Church Street offers the best of Penola living with room to grow, adapt and make it truly your own.
Additional Property Information:
Age/ Built: 1972
Land Size: 890sqm
Council Rates: Approx $502 per quarter
Rental Appraisal: A rental appraisal has been conducted of approximately $420 - $440 per week.
RLA 291953
Listing description written by Leearna Roberts, Ray White Mt Gambier — reproduced as published, not verified by Districts.