Penong at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
$330,000
For sale
Asking
3
Bedrooms
1
Bathrooms
0
Car spaces
1,052 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
Asking
$330,000
Asking · $314/m² of land
No recorded sale for this property.
Penong at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
$19,823 on top of the price (6.0% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
No rent is recorded for this listing. Enter a weekly rent to model yield.
Enter a purchase price and weekly rent to calculate yield.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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.
0 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
UnknownNo advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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
Penong at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
Listing material
Listed by Elders Real Estate Eyre PeninsulaDreaming of an escape from the relentless pace of city life? Welcome to North Terrace, Penong - a warm, welcoming township where life slows down and space, serenity and community take centre stage. Perfectly positioned with views over the Nullarbor Links Golf Course and rolling countryside beyond, this well-presented transportable home offers an enviable lifestyle in one of South Australia's most magical regions. Brand new driveway created at entrance to the property, leads through to where the garage is yet to be erected.
Just 20 kilometres away lies the world-famous Cactus Beach, drawing surfers from across the globe. Many arrive for the waves… and never want to leave. Whether you're a surfer, nature lover or simply craving breathing space, Penong delivers a rare sense of freedom.
Inviting Living & Entertaining
Step onto the generous 3.5m x 8m timber deck, the ideal spot to entertain friends, host family gatherings or simply soak up the peaceful surroundings. A glass sliding door welcomes you inside to a spacious open-plan living area incorporating lounge, dining and kitchen, all finished with durable vinyl flooring that flows through the main traffic areas of the home.
Comfort is assured year-round with a wood combustion heater, ducted cooling air conditioning with ceiling vents to all major rooms, oyster lighting throughout, and a well-lit kitchen highlighted by four spotlights.
Well Equipped Kitchen
The kitchen is both functional and stylish, featuring:
* Electric oven with gas cooktop and overhead rangehood
* Omega dishwasher
* 1.5 stainless steel sink with mixer tap
* Tall pantry cupboard
* Built-in fridge alcove
* Ample under-bench and overhead cabinetry along two walls
All existing curtains and window furnishings are included, making this home move-in ready.
Comfortable Accommodation
The home offers three carpeted bedrooms, each with oyster lighting, while the main bedroom boasts a full wall of built-in robes. Tiled wet areas include a neat bathroom with corner glass shower, vanity, wall mirror, dual heat lamps, light and exhaust fan. The toilet is conveniently located off the laundry, which includes a stainless steel wash trough, washing machine (included in the sale) and external access to the deck.
Practical Outdoor Features
* 22,500-litre rainwater tank (Penong has no mains water)
* Levelled site ready for a 6m x 9m Colourbond garage – already purchased and included in the sale, yet to be erected
* Front entrance has been completed, driveway has been levelled with white gravel to garage area
* Block size 20.118m x 52.292m = 1052m2
A Rare Lifestyle Opportunity
Whether you're seeking a low-maintenance holiday retreat just 10 minutes from world-class surfing, fishing and swimming, or a permanent sea-change where living costs are refreshingly low - including no annual council rates due to Penong's location outside local government boundaries - this property offers outstanding value and lifestyle appeal.
Real value for your money, opportunities like this in Penong are rare. Call Elaine today to secure your chance to live the dream in this unique and captivating part of Australia.
Listing description written by Elaine Seal, Elders Real Estate Eyre Peninsula — reproduced as published, not verified by Districts.