Back Allotment 5 Old Comaum Road
Off Market

Allotment 5 Old Comaum Road

Penola SA 5277

5 ha.
Land
Last sold for $200,000
Karly HonnerKarly Honner, last sold this property on 19 June 2025 after 43 days on market.

Overview

5 hectare allotment in stunning rural setting

This wonderful lifestyle allotment is located only a five minute drive from the thriving town of Penola. Situated on a spacious 5 hectares (12.35 acres) of land in one of the most picturesque areas of Penola, this is a rare opportunity not to be missed. Scattered with huge red gums, vineyards and stunning grazing country - set up your dream rural lifestyle and build your dream home (STCA) with so much room for the family, pets and livestock to roam. The property is partially fenced and offers 1.6 hectares of Shiraz vines. An additional water licence of 21megL is available for purchase separately. An adjoining 4 bedroom house on 7132m2 (1.7 acres) is also available for purchase (437 Old Comaum, Penola - listed separately). 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. Make the tree change, experience Penola's vibrant, supportive community and easily access the stunning coastal towns like Robe (only 1 hour away) and capital cities with Mt Gambier airport only a 25 minute drive away. Contact Karly Honner 0438 339 729 or Mark De Garis 0428 372 124 for more information. Property Code: 980

Features

5 ha. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Penola over the last 12 months, the estimated median property value of Allotment 5 Old Comaum Road is $172.5k.

Median value
$172.5k
Estimated value range
$110k - $290k
Median days on market
182
Estimated value trend
35%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Penola. 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 Allotment 5 Old Comaum Road

2025
Sold
$200,000
19 Jun 2025 by Karly Honner, of TDC Livestock and Property

Happy sellers in Penola

94%
94% of sellers in Penola reported that their sale price either exceeded or met their price expectations.

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

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

Local market activity for land plots in Penola

In the last 12 months, 8 land plots similar to Allotment 5 Old Comaum Road, have been sold.

This represents a 60% decrease in land plots sales when compared to the previous 12 months.

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