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1A Main Road
Penguin TAS 7316

Bedrooms: -
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Land area: 2986m2
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Opportunity Awaits!

These two stunning residential building blocks with some of the best views in Penguin are something that truly needs to be considered!
Set in one of Penguin's most sought-after areas and in walking distance to everything that Penguin has to offer, including the beaches, shops and schools, sits these two amazing blocks.
The blocks have recently been subdivided and are now titled and ready for purchase!
Each block offers a different opportunity with Lot 1 being sloped but very large and Lot 3 being much flatter and smaller in comparison.
The blocks are serviced by the usual town supplies, water, power, stormwater and sewer.
This rare opportunity is something that will not come up again soon, water view land is becoming ever popular and harder to find.
Lot 1 - 2986m2 - $395,000 - North Easterly sloping
Lot 3 - 1208m2 - $265,000 - Gentle Northerly sloping
For further information or to book an onsite inspection please contact the listing agent Kurt Knowles today!
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Property Details for 1a Main Rd, Penguin

Building Type
Land
Land Size
2986m2

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About Penguin 7316

The size of Penguin is approximately 45.4 square kilometres. It has 14 parks covering nearly 23.2% of total area. The population of Penguin in 2011 was 3,923 people. By 2016 the population was 3,847 showing a population decline of 1.9% in the area during that time. The predominant age group in Penguin is 50-59 years. Households in Penguin are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Penguin work in a professional occupation. In 2011, 74.7% of the homes in Penguin were owner-occupied compared with 75% in 2016.

Penguin has 2,102 properties. Over the last 5 years, Houses in Penguin have seen a 78.88% increase in median value, while Units have seen a 63.62% increase. As at 30 September 2024:

  • The median value for Houses in Penguin is $566,759 while the median value for Units is $396,521.
  • Houses have a median rent of $420 while Units have a median rent of $275.
There are currently 45 properties listed for sale, and no properties listed for rent in Penguin on OnTheHouse. According to CoreLogic's data, 65 properties were sold in the past 12 months in Penguin.

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Kurt Knowles
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Harcourts Ulverstone & Penguin
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