Mclaren Vale at a glance
4,258
People
$1,067,500
Median sale
$621/wk
Median rent
3.03%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
SA › Mclaren Vale › Penfold Way
$550,000
Last sold
1 July 2024
0
Bedrooms
0
Bathrooms
0
Car spaces
766 m²
Land
Districts View
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
$550,000
1 July 2024 · derived via latest_sale
Local land rate: recorded Land sales in Mclaren Vale (last 5 years) with land size have a median of $797/m² of land (n=3). Districts calculation from recorded sales — not a valuation.
Mclaren Vale at a glance
4,258
People
$1,067,500
Median sale
$621/wk
Median rent
3.03%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Vs Mclaren Vale
-48.5%
Median sale
Suburb $1,067,500
+2.84 pp
Gross yield
Suburb 3.03%
Suburb median $1,067,500 from 20 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Planning and Design Code
Zone
Established Neighbourhood
EN
Jurisdiction
Onkaparinga
Onkaparinga, SA
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
SAZoned Established Neighbourhood · EN (Planning and Design Code). Official parcel area about 819 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Street frontage and true lot geometry are not confirmed without open cadastre. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $621/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownlowZoned Established Neighbourhood · EN (Planning and Design Code). Official parcel area about 819 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 819 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Mclaren Vale at a glance
4,258
People
$1,067,500
Median sale
$621/wk
Median rent
3.03%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by OCAnother property sold. Please contact Nick or John for all your property advice.
Unique McLaren Vale wine history and heritage
Originally known as the "Willows Winery" and built from local ironstone in 1901 by Cyril Pridmore, (hence the CEP initials on the date stone over the main road door), it later became the only winery that Penfolds have ever owned in McLaren Vale, hence the street names. The legendary Max Schubert, the creator of Grange, worked and tasted in that cellar. His ghost still visits!
It was a winery site for 110 years, from 1901 to 2011, a priceless part of McLaren Vale and South Australia's wine history.
Additional property adjoining this one at the front is also available, 151 - 153 Main Road Mclaren Vale, see separate listing for more information.
The ONLY winery in the Main Street of McLaren Vale, (Australia's 2nd most recognised and important wine region) and with a priceless history and heritage.
This amazing piece of history with residential zoning is waiting for you and your Architect to repurpose this building into your Grand Design.
What we love about the property:
- 766sqm parcel of land zoned residential
- 233sqm (approx.) stone cellar/shed awaiting transformation
- Ironstone construction
- Incredible opportunity for warehouse living
- High clearance inside for potential 2 storey dwelling (stcc)
- Located amongst quality homes
- Next to park
- Short walk to shops and cafes through the Piazza della Valle
This original stone storage cellar building was constructed into the hillside as a storage cellar in 1901. It has coursed stonewalls with brick quoins and corrugated iron roof sheeting. It replaced an earlier cellar of wattle slabs from the first winery on this site, 'The Wattles' constructed by Horace Pridmore around 1896. Penfolds Wines bought the winery from Cyril Pridmore in 1910, and expanded the plant and buildings, creating a model one-level winery, which functioned until 1961. In 1965 the winery was sold and re-opened as the centre of operations for a co-operative of district growers. The Southern Vales Co-operative Winery Ltd. then ran their winery until 1993, when it was sold to Tatachilla, who re-opened the winery and cellar door in 1995. (Notes courtesy City of Onkaparinga Built heritage, local heritage item 621).
If you appreciate history, and are looking for a unique opportunity to transform a heritage building into something spectacular enquire today to set up a viewing, you're gonna love it.
All information or material provided has been obtained from third party sources and, as such, we cannot guarantee that the information or material is accurate. Ouwens Casserly Real Estate Pty Ltd accepts no liability for any errors or omissions (including, but not limited to, a property's floor plans and land size, building condition or age). Interested potential purchasers should make their own enquiries and obtain their own professional advice.
OUWENS CASSERLY - MAKE IT HAPPEN™
RLA 275403
Listing description written by Nick Van Vliet, OC — reproduced as published, not verified by Districts.