OFF MARKET

7975 Horrocks Highway
Penwortham SA 5453

Bedrooms: 4
Bathrooms: 2
Car spaces: 5
Land area: 261000m2
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Property Details for 7975 Horrocks Hwy, Penwortham

7975 Horrocks Hwy, Penwortham is a 4 bedroom, 2 bathroom House with 5 parking spaces. The property has a land size of 261000m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
House
Land Size
261000m2
Local Government
Clare & Gilbert Valleys
Lot/Plan
A427/F169366

Last Listing description (May 2021)

"Penwortham Hill" is situated within the Clare and Gilbert Valleys area, boarded by main road frontage and Willow Glen Road. It is approximately 10 km south of the mid north regional service centre of Clare. Clare is approximately 140km north of the Adelaide CBD.

Situated on 48.6 hectares approx 120 acres it comprises of two titles. This most picturesque property is currently setup as a grazing enterprise. The landform ranges from undulating, to areas of steeper rising country elevated through the central area. There are several magnificent potential house sites, with scattered natural gums across the property.
Predominately natural pastures across the grazing areas comprising of clovers, natural perennials and some spear grass.

Approximately 22 hectares (55 acres) has been cropped, mainly for hay production over the last two years. Prior to this it was planted with approximately 8 hectares of vines, of which 0.8 hectares was irrigated from the licensed bore number 9689. This land is highly productive and is conducive to a broad variety of uses including successful grazing, cropping and horticultural enterprises.
The property is currently leased until 01/04/2021.
Fenced into 8 paddocks including holding paddocks, fencing is predominantly constructed of timber posts, cyclone and top bard wire. There are sections of older plain wire fencing.
The property is watered by an equipped bore, Grundfos submersible pump which pumps to a header tank and reticulates throughout the property. There is also two dams and a reliable rainfall area of 600mm.
Structural improvements include; 18mtr x 6mtr garage workshop with 5 sliding doors, single stand shearing shed, 7.5mtr x 11.5mtr hay shed, 9mtr x 6mtr open front implement shed, double length garage, single garage, cattle yards and ramp, and various sundry sheds.
A substantial stone home sits in a prominent position on the property, with 4 bedrooms and 2 bathrooms. Large kitchen with casual dining area, formal lounge, separate dining and sunroom. The home overlooks the property below with windows taking in the views. With slow combustion wood heater and open fireplaces, as well as air-conditioning you can enjoy the benefits of climate control throughout the year. Outside there is a large rear patio area which provides an entertaining delight. With a bit of TLC this home could be returned to its former glory.

Property History for 7975 Horrocks Hwy, Penwortham, SA 5453

A timeline of how this property has performed in the market
Last Sold
$514,000
16 Sep 2021
  • 16 Sep 2021
    Sold for $514,000
  • 19 Jun 2020
    Listed for Sale $1,000,000
  • 20 May 2020
    Transferred

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About Penwortham 5453

The size of Penwortham is approximately 14.9 square kilometres. The population of Penwortham in 2011 was 371 people. By 2016 the population was 145 showing a population decline of 60.9% in the area during that time. The predominant age group in Penwortham is 50-59 years. Households in Penwortham are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Penwortham work in a managers occupation. In 2011, 76.4% of the homes in Penwortham were owner-occupied compared with 94% in 2016..

Penwortham has 146 properties. Over the last 5 years, Houses in Penwortham have seen a 106.51% increase in median value. As at 31 October 2024:

  • The median value for Houses in Penwortham is $565,553 while the median value for Units is $122,963.
There are currently 1 property listed for sale, and no properties listed for rent in Penwortham on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Penwortham.

Suburb Insights for Penwortham 5453

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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.