OFF MARKET

11 Racecourse Road
Penola SA 5277

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 145100m2
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Property Details for 11 Racecourse Rd, Penola

Building Type
Commercial
Land Size
145100m2
Local Government
Wattle Range
Lot/Plan
A6/D31174

Last Listing description (January 2017)

Hollick Estates of Coonawarra are seeking expressions of interest to lease our award-winning restaurant Upstairs at Hollick . Established in 2002, this 70-seat restaurant has offers a fine dining experience of Modern Australian cuisine at the original winery restaurant in the Coonawarra wine region of South Australia. If you are ready to embrace the country life style, please email admin@hollick.com with a request for more information.

Property History for 11 Racecourse Rd, Penola, SA 5277

A timeline of how this property has performed in the market
Last Sold
$1,389,000
27 Jun 2014
Listed for Rent
29 Jul 2017
  • 30 Jan 2017
    Listed for Rent - Price not available
  • 27 Jun 2014
    Sold for $1,389,000

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About Penola 5277

The size of Penola is approximately 252.5 square kilometres. It has 14 parks covering nearly 11.5% of total area. The population of Penola in 2011 was 1,706 people. By 2016 the population was 1,571 showing a population decline of 7.9% in the area during that time. The predominant age group in Penola is 60-69 years. Households in Penola are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Penola work in a labourer occupation. In 2011, 70.7% of the homes in Penola were owner-occupied compared with 67.4% in 2016.

Penola has 1,241 properties. Over the last 5 years, Houses in Penola have seen a 93.48% increase in median value, while Units have seen a 46.50% increase. As at 31 October 2024:

  • The median value for Houses in Penola is $376,499 while the median value for Units is $262,412.
  • Houses have a median rent of $260.
There are currently 5 properties listed for sale, and no properties listed for rent in Penola on OnTheHouse. According to CoreLogic's data, 61 properties were sold in the past 12 months in Penola.

Suburb Insights for Penola 5277

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.