OFF MARKET

2 Frith Street
Penguin TAS 7316

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 130m2
Land area: 953m2
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Last updated 16 Sep 2024
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Property Details for 2 Frith St, Penguin

2 Frith St, Penguin is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1948. The property has a land size of 953m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in December 2017.

Building Type
House
Year Built
1948
Floor Size
130m2
Land Size
953m2
Local Government
Central Coast
Lot/Plan
1/9549

Last Listing description (January 2018)

Set on a brilliant 953m2 allotment with stunning coastal views and within just a couple of minute's walk of the centre of Penguin Village, this three bedroom, concrete block home property offers a totally genuine opportunity to renovate the existing home while creating a new allotment at the rear of the property (STCA) for the construction of a brand new dwelling to take further advantage of the spectacular location and views. With the existing home set well to the front of the allotment and all required services close-by in the street, the subdivision potential is even further enhanced. The existing home is in generally very tidy condition and is structurally sound and will benefit from an internal modernization making it an appealing and valuable asset for resale or as your own residence. It is only once in a very long while that opportunities such as this become available in Penguin and your inspection is strongly recommended. Please call Michael on 0408 962 802.

Property History for 2 Frith St, Penguin, TAS 7316

A timeline of how this property has performed in the market
Last Sold
$291,000
16 Dec 2017
  • 16 Dec 2017
    Sold for $291,000
  • 22 Nov 2017
    Listed for Sale Auction

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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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