Back 128 Penrice Road
Off Market

128 Penrice Road

Penrice SA 5353

3
1
2
167 m²
1230 m²
House
Last sold for $575,000
Damien GeyerDamien Geyer, last sold this property on 30 September 2025 after 55 days on market.

Overview

Character Home, Corner Block and in Need of Modernising

Known as a Row Cottage, this character home has 8 main rooms with numerous doors and access making this a versatile floorplan to keep as-is or change the layout to better suit your needs. Currently utilised as a 4-bedroom home but could also be a 3-bedroom with study option and separate dining and lounge areas. The home is allegedly one of the first built in the area, so yes. It has some cracks appearing (wouldn't we all have cracks if we were that old). This home is ripe for a new owner to take charge and bring this historical home back to life with some love and care and modernising into the 21st century. With numerous other Airbnb's in the quaint area of Penrice this could be one avenue of choice with its close proximity to the main street of Angaston and all that offers, as well as close to other major towns across the beautiful Barossa Valley with cafes, restaurants, wineries, bakeries and hotels all within easy reach. Set on a corner block allotment of approximately 1,230m2 there is also the opportunity to discuss with council the possibility of subdividing the rear section off (accessible to Salem Road) helping you to fund the renovation project you have in mind. Other features include solar panels for lower utility costs, rainwater tank, carport and shed parking, low maintenance lawn yards, and dual access from Penrice Road, or Salem Road. Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. Elders Real Estate RLA62833

Features

3 bedrooms
1 bathroom
2 carspaces
167 m² floor area
1230 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Penrice over the last 12 months, the estimated median property value of 128 Penrice Road is $601.25k.

Median value
$601.25k
Estimated value range
$415k - $985k
Median days on market
55
Estimated value trend
23%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Penrice. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 128 Penrice Road

2025
Sold
$575,000
Private Sale/Treaty on 30 Sep 2025 by Damien Geyer, of Elders Real Estate Barossa

Happy sellers in Penrice

87%
87% of sellers in Penrice reported that their sale price either exceeded or met their price expectations.

Penrice stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Penrice over the last 12 months.

Local market activity for 3 bedroom houses in Penrice

In the last 12 months, 5 three-bedroom houses similar to 128 Penrice Road, have been sold.

This represents a 25% decrease in three-bedroom houses sales when compared to the previous 12 months.

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