FOR SALE
Offers Over $250,000

82 South Road
Penguin TAS 7316

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Land area: 1241m2
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Your Dream Home, Units or Future Investment!

This fantastic large internal block is a fantastic opportunity for a larger group of buyers, whether you're investing or looking for your forever home location this could be it!
Set on 1241m2 of flat land with easy access to the highway, schools, the Penguin CBD and local beaches!
Penguin is a beautiful coastal town that is starting to have fantastic growth, with local cafes, shops and a brilliant community atmosphere.
The property has building plans already approved for a barn style home which could be used and are available by request.
Larger flat lots inside town boundaries are becoming few and far between.
For more information or to book a private onsite inspection please contact the listing agent Kurt Knowles today!

Property Details for 82 South Rd, Penguin

Building Type
Land
Land Size
1241m2

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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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