OFF MARKET

124 Preservation Drive
Preservation Bay TAS 7316

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 279m2
Land area: 809m2
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Property Details for 124 Preservation Dr, Preservation Bay

124 Preservation Dr, Preservation Bay is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1990. The property has a land size of 809m2 and floor size of 279m2. While the property is not currently for sale or for rent, it was last sold in May 1987.

Building Type
House
Year Built
1990
Floor Size
279m2
Land Size
809m2
Local Government
Central Coast
Lot/Plan
9/55229

Last Listing description (June 2014)

Beach Front Lifestyle
Beach front lifestyle in this large entertainer will delight discerning buyers with its amazing range of living areas and balconies which take in the magnificent views overlooking one of the safest beaches on the coast and rural farmland to the rear.
This north-facing home is situated in beautiful Preservation Bay just 1 km from the small coastal village of Penguin and 15 minutes' drive west to the city of Burnie or 25 minutes east to Devonport for easy commuting on dual lane highways.

For those wanting extra space for extra vehicles, boats or play area for the family, there is an option to also purchase the connected, landscaped block of land next door (contact owner for more details).
The large kitchen/ dining /living room features dishwasher, an ILVE gas stove top and hood, large 900 mm ILVE electric oven and includes room for side by side fridge and freezer. This room opens onto a beautiful deck that captures both scenic water and rural views.
The house is carpeted with quality NZ pure wool carpets and tiles in the entry foyer, bathrooms and laundry. The kitchen/living area has cork tiles which are comfortable and warm under foot. The down stairs lounge has a new gas thermostat controlled fire and features large north and west facing windows with sea views. The formal, separate dining room opens on to the north facing deck overlooking the water. A second large lounge room upstairs captures all day sun and provides panoramic views overlooking the beach and farmland.
The upstairs master bedroom is huge and features large windows overlooking the beach and automated blinds that enable you to appreciate the view without even getting out of bed! A walk-in robe and large bathroom/ensuite provide a luxury resort lifestyle every day. The down stairs bathroom is recently renovated in stylish white and grey tiles, with separate freestanding bath.
There are 4 bedrooms, with the fourth bedroom incorporating a corner study area, that will meet the needs of growing families in such a magnificent location that promotes an active, outdoor lifestyle for everyone in the family.
This location provides opportunities to watch whales migrating, dolphins frolicking in the waves and the small colony of Little Penguins nesting in the bay and sometimes in the front garden! The beach is patrolled regularly by the Penguin Surf Club which is situated on the eastern point of the bay.
Additional feature/s - bath.

Property History for 124 Preservation Dr, Preservation Bay, TAS 7316

A timeline of how this property has performed in the market
Last Sold
$70,000
01 May 1987
  • 24 Nov 2013
    Listed for Sale $530,000
  • 01 May 1987
    Sold for $70,000

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About Preservation Bay 7316

The size of Preservation Bay is approximately 0.6 square kilometres. The population of Preservation Bay in 2011 was 3,923 people. By 2016 the population was 68 showing a population decline of 98.3% in the area during that time. The predominant age group in Preservation Bay is 10-19 years. Households in Preservation Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Preservation Bay work in a professional occupation. In 2011, 74.7% of the homes in Preservation Bay were owner-occupied compared with 71.5% in 2016..

Preservation Bay has 45 properties. Over the last 5 years, Houses in Preservation Bay have seen a 52.32% increase in median value. As at 28 February 2025:

  • The median value for Houses in Preservation Bay is $560,658 while the median value for Units is $417,493.
There are currently 1 property listed for sale, and no properties listed for rent in Preservation bay on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Preservation bay.

Suburb Insights for Preservation Bay 7316

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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 liability for any loss or damage arising in connection with the data and information contained in this publication.