Grazing with Views
This 16 hectare property is in a quiet location overlooking Preservation Bay. With outstanding views of the coastline and Bass Strait, this is an excellent location for grazing or various crops.
Spring water is available as well as access to town water supply, and power is available for connection. Approximately 30 acres is pasture, of which 12 acres has been used for cropping. There is also light bush for shelter plus a barn.
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:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.