OFF MARKET

26 Fairway Drive
Penguin TAS 7316

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 138m2
Land area: 2826m2
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Last updated 16 Sep 2024
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Property Details for 26 Fairway Dr, Penguin

26 Fairway Dr, Penguin is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 2826m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
House
Year Built
1950
Floor Size
138m2
Land Size
2826m2
Local Government
Central Coast
Lot/Plan
1/121276

Last Listing description (February 2023)

Great opportunity to buy a large 2826sq block in a beautiful family friendly location surrounded by quality homes in this popular area of Penguin. Set on a slightly elevated position ensuring privacy from the street, even has some ocean glimpses.
Within a minute or so of Penguins magnificent new sporting precinct, the golf course, school, popular foreshore development and beach, cafes and shopping. Penguin is only 9 minutes away from Ulverstone and 17 minutes away from Burnie, and Melbourne is only an hours flight away from Burnie or Devonport airports.

The house is the original homestead built in 1950. This is a spacious home with many happy memories, however both the home and large shed/carport has fallen into a sad state of disrepair.

The right person with vision, skills and energy could again make this home shine and reap the benefits - or put the bulldozer through it and build your dream home, make no mistake - this is a stunning block presenting value for a block of this size in this location, plus it is complete with established mature trees

You will have to view this property to fully appreciate its size, position and achieve its full potential however- please be prepared to renovate or detonate.

While we use all reasonable endeavours to verify the information contained herein, we cannot guarantee that it is entirely accurate. The information provided is obtained through various sources, all of which we consider to be reliable however given the nature of 'buyer beware' in Tasmania, it is recommended that prospective purchasers conduct their own investigations in addition to information provided to them by the agency

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Property History for 26 Fairway Dr, Penguin, TAS 7316

A timeline of how this property has performed in the market
Last Sold
$420,000
10 Mar 2023
  • 10 Mar 2023
    Sold for $420,000
  • 19 Nov 2022
    Sold for $420,000
  • 18 Jun 2022
    Listed for Sale $455,000
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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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