OFF MARKET

205 West Ridge Road
Penguin TAS 7316

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 230m2
Land area: 736400m2
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Property Details for 205 West Ridge Rd, Penguin

Building Type
Rural
Year Built
1900
Floor Size
230m2
Land Size
736400m2
Local Government
Central Coast
Lot/Plan
1/133005

Last Listing description (March 2015)

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.

Property Code: 352

Property History for 205 West Ridge Rd, Penguin, TAS 7316

A timeline of how this property has performed in the market
Last Sold
$460,000
29 Jul 1994
  • 12 Jul 2013
    Listed for Sale 440000
  • 10 Jan 2013
    Listed for Sale $440,000
  • 24 Sep 2012
    Listed for Sale 440000
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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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Disclaimer
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.