FOR SALE
$430,000

816 South Road
Penguin TAS 7316

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 111m2
Land area: 793m2
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investment Opportunity

A two bedroom home set on a spacious 793m2 block of land, ideal for those seeking a peaceful lifestyle with added versatility. This property features a large double carport and multiple sheds, providing ample storage and workshop space. The established gardens offer a tranquil rural outlook, perfect for the nature lovers. Zoned for light industrial use, the property presents unique potential for small business operations or hobbyists looking for a combination of home and workspaces. Whether you're looking to relax in a serene setting or explore business opportunities, this property delivers both.
Disclaimer: VIEW Real Estate Wynyard has obtained all information in this document from sources we believe to be reliable however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations. All measurements are approximate.

Property Details for 816 South Rd, Penguin

816 South Rd, Penguin is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 793m2 and floor size of 111m2. The place is currently for sale with VIEW Real Estate Wynyard.

Building Type
House
Floor Size
111m2
Land Size
793m2

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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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