OFF MARKET

1/24 Pineleigh Street
Penguin TAS 7316

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 111m2
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Last updated 16 Sep 2024
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Property Details for 1/24 Pineleigh St, Penguin

1/24 Pineleigh St, Penguin is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 111m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in March 2013.

Building Type
Unit
Year Built
1978
Floor Size
68m2
Land Size
111m2
Local Government
Central Coast
Lot/Plan
1/58344

Last Listing description (September 2012)

Attractive returns and good potential growth
Looking for a great low risk investment with attractive returns? Two strata title units with reliable tenants, fantastic sea views and just waiting to start working for you.
Set on a level allotment with minimum steps these neat units have two roomy bedrooms with built-ins, open plan living and spacious kitchen.

Both these sunny units have access to the beautiful sea views and are situated in a quality area in the picturesque seaside village of Penguin.
Capable of earning you around 6.5% return and good long term capital growth these units will surely be attractive to a savvy investor so don't procrastinate or you may commiserate.
Additional feature/s - Close to Schools.

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Property History for 1/24 Pineleigh St, Penguin, TAS 7316

A timeline of how this property has performed in the market
Last Sold
$305,000
08 Mar 2013
Listed for Rent
$200/w
07 Sep 2015
  • 24 Aug 2015
    Listed for Rent - Price not available
  • 08 Mar 2013
    Sold for $305,000
  • 08 Sep 2011
    Listed for Sale $329,000
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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 2,103 properties. Over the last 5 years, Houses in Penguin have seen a 72.48% increase in median value, while Units have seen a 58.22% increase. As at 31 August 2024:

  • The median value for Houses in Penguin is $547,716 while the median value for Units is $382,942.
  • Houses have a median rent of $418 while Units have a median rent of $273.
There are currently 38 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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