OA Logo Green
search icon

Get a property report and suburb profile for any property in Penrice

Join the 2.6 million Australians* who use our services every year.

Geo Page

Penrice suburb profile

Penrice is a quiet rural locality in South Australia’s Barossa region, characterised by rolling, vine-scattered hills and broad agricultural blocks. Properties here are mostly farmhouses and rural-residential parcels that suit people who want space, privacy and a country lifestyle while still having Barossa towns nearby for shops, schools and cellar doors. Life in Penrice centres on farming and viticulture rhythms, country roads and open views rather than urban conveniences, so residents tend to be families, farmers and those working in the local wine and tourism industries who value a peaceful, landscape-driven setting.

Penrice property market performance

Like many smaller suburbs, Penrice sees relatively few property sales, so there isn't enough recent data to publish a reliable median price for houses or units. The available sales data records 1 house sold over the last 3 months; there isn't sufficient information to report typical selling times or to publish house or unit rental medians and rent changes.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
N/AN/A
Sold
Past 3 months
1N/A
Median days on market
Past 12 months
N/AN/A
Average rent
Past 12 months
N/AN/A
Change in rent
Past 12 months
N/AN/A

Access homes before they're listed for sale

Build a buying brief and get first access to properties that aren't yet on the market.

OpenAdvantage

Penrice demographics

Penrice is a small community of 486 people with a median age of 43. The median total household income is $2,009 a week, or roughly $104,500 a year.

Families make up the bulk of households: couple families with children are the largest group at 54.1%, and together with couple families without children (38.3%) they account for about nine in ten families. One-parent families represent 7.5% of the family mix.

In Penrice, most homes are owner-occupied: 44.2% are owned outright and 45.5% are owned with a mortgage, a combined 89.7%, while 10.3% of dwellings are rented.

Suburbs near Penrice

Some popular suburbs near Penrice include:

  • Angaston: Historic Barossa town with tree-lined streets and surrounding vineyards.
  • Nuriootpa: Regional centre of the Barossa, offering busier commercial streets and services.
  • Tanunda: Historic town in the Barossa, known for its vineyards and heritage architecture.
  • Keyneton: Small semi-rural village surrounded by farmland and rolling hills.
  • Greenock: Small Barossa village with pastoral landscapes and nearby vineyards.

How does Penrice compare to nearby suburbs?

    Choose the right real estate agents in Penrice

    There are 4 real estate agents in Penrice, but they don’t all deliver the same results.

    Some agents have a much stronger presence in the suburb, with just 5 agents handling around 100.0% of all sales in the past year.

    Commission rates in Penrice typically range from 2.44% to 2.94%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

    Geo Page

    Get a head start and compare top local agents in Penrice

    Not quite ready to sell?

    icon

    Property report

    Suburb and property report

    Completed by independent professional experts not a computer.
    Get a free property reporticon right chevron
    icon

    OpenEstimates

    Digital estimate for your property

    Compare your property to three recent sales to get a digital estimate.
    Get a comparative estimateicon right chevron
    icon

    Navigate the market like a pro

    Navigate the market

    Get an understanding of the market signals you should keep an eye on.
    Understand your local marketicon right chevron