SUNBURY | MACEDON RANGES
Home » News » Penfield’s historic sale

Penfield’s historic sale

Anyone in the market for a private airport in Sunbury should be prepared to pay a lofty price for it.

Penfield Airfield has landed on the market and is expected to fetch about $25 million. The 108-hectare Settlement Road property includes two runways, 15 hangers with space for 50 aircraft, a pilot training centre with a flight simulator and control centre, two houses, a granny flat, grazing land and a paintball field.

Owners Wendy and Vince Goulthorpe snapped up Penfield Airfield in 2003 for $800,000 from the man who built it – Alexander “Doc” Penny, a member of Australia’s top secret Z Special Unit during World War II.

“He got the nickname Doc because he was in the medic area and was mistaken for a doctor but he wasn’t … and the name just stuck with him,” Ms Goulthorpe told

Star Weekly.

“Doc just allowed it to be known in the last few years that he was part of the Z Force commando unit.

“He told us that these commandos used to be dropped behind the Japanese enemy lines during the war, out of one of his favourite aircrafts called The Liberator.”

Vince and Wendy Goulthorpe are selling the Penfield Airfield Pic Marco De Luca

She said that Mr Penny realised his dream of owning an airport when he discovered a “neglected farm” in 1969 where he later opened Penfield – short for Penny airfield.

“He built the hangers, and it just took off from there,” Ms Gouldthorpe said. “The farm needed a lot of cleaning and clearing. Doc was a builder by trade so he built the main hanger and we made improvements over the years as he aged and couldn’t do the work any longer.” The couple bought the airfield and developed the property into a thriving family business that pulls in $1 million per year through the pilot training centre, a paintball field and stock feed business run by their son Douglas.

Penfield Airfield, Hangars and Hay Pic Marco De Luca

The Goulthorpe family closed down a busy flying school they ran from Penfield in 2016 after head instructor Terry Otway and a trainee pilot tragically died in a plane crash near Lancefield.

“Everything is ready to go if someone wanted to start it up as flight school again,” Ms Goulthorpe said.

“The family is moving in different directions and we want to retire … it’s time for us to move on.”

The property is in a Green Wedge zone which prevents it from being developed into residential lots.

Paintball area Pic Marco De Luca

Digital Editions


  • Ambulance response times closer to targets

    Ambulance response times closer to targets

    Ambulance response times have been released for October to December 2025, with response times improving in the Macedon Ranges. According to Ambulance Victoria, paramedics responded…

More News

  • Finals race tightens

    Finals race tightens

    Purchase this photo from Pic Store: 466957 The race for top four spots will go down to the final two rounds in the Gisborne and District Cricket Association McIntyre Cup.…

  • Additional health test for newborns

    Additional health test for newborns

    Victoria has become the first Australian jurisdiction to include sickle cell disease in its universal newborn health screening program. This expansion brings the total number of rare but serious conditions…

  • Residents encouraged to mind water usage

    Residents encouraged to mind water usage

    Residents across Melbourne’s north and west are being called upon to reduce their water consumption as state storage levels fall to 61% of capacity. This current level marks a decrease…

  • Fruity festival returns

    Fruity festival returns

    If you have a green thumb, are an aspiring gardener– or just really love fruit trees– then there’s an event for you. The much-loved Summer Fruit Tree Festival will burst…

  • Finalists announced for AFL community venue award

    Finalists announced for AFL community venue award

    The 2025 finalists have been announced for the AFL’s Ken Gannon Football Facilities Award, recognising the projects that set the benchmark in best-practice design and development to help the continued…

  • New toolkit to help women report abuse in sport

    New toolkit to help women report abuse in sport

    Australian women face significant risk when disclosing gender-based violence in sport and quite often receive inadequate or harmful responses according to new research from La Trobe Univeristy. The research project,…

  • Celebrity alcohol ads slip into teens’ Insta feeds

    Celebrity alcohol ads slip into teens’ Insta feeds

    Celebrities are promoting their own alcohol products on Instagram without a clear disclosure of advertising content and almost all posts are visible to underage users, according to new research from…

  • Funding to improve road safety across Victoria

    Funding to improve road safety across Victoria

    Victorian community organisations and groups will get a total of $600,000 in grants from the Transport Accident Commission (TAC) to develop and implement local road safety projects. The funding, part…

  • Multicultural health committee expanded

    Multicultural health committee expanded

    Victoria’s Multicultural Health Advisory Committee has been expanded in an effort to make the state’s health system more inclusive and increasingly diverse. Health Minister Mary-Anne Thomas unveiled the strengthened and…

  • Grant to make Thunder grow

    Grant to make Thunder grow

    New East Sunbury female football ambassador Emma Grant wants to ensure the female footballers get the same opportunities as male counterparts. The former AFLW player and now Richmond AFLW assistant…