OFF MARKET

8187 Clay Wells Road
Penola SA 5277

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 1101000m2
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Property Details for 8187 Clay Wells Rd, Penola

Building Type
Land
Year Built
1980
Land Size
1101000m2
Local Government
Wattle Range
Lot/Plan
Q3/D17943

Last Listing description (May 2020)

GLENRISE

8187 Clay Wells Road

Penola South-Eastern Australia 5277

Glenrise is approximately 1859.07 acres in size.

Well located and presented sheep, cattle and cropping property.

Fertile clay soils on ever reliable high rainfall district.

Located 3 km west of Penola, 50 km north of Mount Gambier, 50 km South of Naracoorte.

Excellent Water Security - Total of 14 bores all connected to windmills and 9000 gallon tanks.

To Be Sold in 4 Non Contingent Lots.

Lot 1 - 272.56 acres, fenced into five paddocks with a well maintained three bedroom brick home, sheep yards, shearing shed, cottage, numerous sheds, 2 bores.

Lot 2 - 626.39 acres fenced into nine paddocks, 4 bores.

Lot 3 - 586 acres fenced into 8 paddocks, 4 bores.

Lot 4 - 374.12 acres, fenced into 11 paddocks, 4 bores.

The above pastures consist of a strong Phalaris base with a good mix of sub and strawberry clover and two paddocks of fescue.

Lot 1 - GLENRISE HOMESTEAD

272.56 acres approximately in size
Fenced into 5 paddocks
Well maintained three bedroom + office solid brick home
Two bedroom cottage
Machinery shed - workshop 18.2m x 9.14m + lean to 18.29m x 9.14m
Two stand shearing shed
Good set of sheep yards
Two stock bores and one household bore
Frontage to Clay Wells Road
One title
Borders Lot 2
Council Rates: $3,910.00

Lot 2

626.39 acres approximately
Fenced into 9 paddocks with a central lane way system, running along lot 1 and lot 2 connecting all paddocks
Hay shed 12m x 12m
4 stock bores
Frontage to both Clay Wells Road and Weirs Lane
Two titles
Borders Lot 1 and Lot 3

Lot 3

585.91 acres approximately
Fenced into 8 paddocks
4 Stock bores - one set up with solar pump
Frontage to Weirs Lane and McKay Lane.
Hay shed 9m x 18m
32 acres of new rye grass and sub clover pasture
Set on 8 titles
Borders Lot 2 and Lot 4

Lot 4

374.12 acres approximately
Fenced into 11 paddocks
Two bedroom timber clad cottage
Large set of cattle yards, all weather access
4 stock bores
80 acres sown down to beans
Frontage to McKay Lane, Clay Wells Road and Kinley Road.
Borders Lot 3

Glenrise as a whole has very similar soil types of predominately heavy black clay soils, with a few limestone ridges under clay.
The majority of the pastures on Glenrise consist of phalaris and sub clovers with two paddocks being sown down to fescue rye grass and clover and two new pastures of Italian rye grass and clover. Glenrise is 100% arable and could suit itself to grazing or cropping equally.
Rarely does a property with the quality and size of Glenrise come onto the market so close to town, in arguably one of the most secure high rainfall areas of mainland Australia.
For more information and a private inspection Ring Shaun Minge 028 838 899 or Jo O'Connor 0429 854 910

Property History for 8187 Clay Wells Rd, Penola, SA 5277

A timeline of how this property has performed in the market
Last Sold
$1,920,000
28 Jan 2020
  • 28 Jan 2020
    Sold for $1,920,000
  • 15 Oct 2019
    Listed for Sale Auction

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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, 60 properties were sold in the past 12 months in Penola.

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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.