FOR SALE
$250,000

Penguin Heights - Lester Road
Penguin TAS 7316

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 8317m2
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8 Amazing Blocks in Penguin

Introducing Penguin Heights, an exceptional new subdivision showcasing expansive blocks, many boasting breathtaking views of the majestic Bass Strait. Lot 4, with its title issued, spans a sprawling 8317m² (over 2 acres!), offering ample space to realise your dream lifestyle.
Other lots are available to secure (subject to title being issued);
Lot 1 - 1.0ha - Negotiable
Lot 2 - 8522m² - $280,000
Lot 3 - 8371m² - $275,000
Lot 5 - 1.276ha - $295,000
Lot 6 - 1.050ha - Under Offer
Lot 7 - 1.002ha - Under Offer
Lot 9 - 1.424ha - $350,000
These generously sized blocks feature expansive building envelopes, allowing you to craft your ideal residence, complete with a substantial shed to house all your recreational gear, whether it be a boat, trailer, caravan, or other toys.
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Property Details for Penguin Heights - Lester Road, Penguin

Building Type
Land
Land Size
8317m2

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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 2,106 properties. Over the last 5 years, Houses in Penguin have seen a 80.82% increase in median value, while Units have seen a 69.47% increase. As at 31 October 2024:

  • The median value for Houses in Penguin is $582,040 while the median value for Units is $410,170.
  • Houses have a median rent of $420 while Units have a median rent of $300.
There are currently 42 properties listed for sale, and no properties listed for rent in Penguin on OnTheHouse. According to CoreLogic's data, 72 properties were sold in the past 12 months in Penguin.

Suburb Insights for Penguin 7316

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Fred Guilbert
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Roberts Real Estate Ulverstone
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.