Penguin TAS 7316

Here you can find what you need to know about Penguin, TAS, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$295k Median Sale Price (National Average $485k) 142nd In TAS
7.27% Median Price Change (1 yr) (National Average 4.30%) 130th In TAS
$295pw Median Rent (National Average $395) 99th In TAS
5.2% Median Gross Yield (National Average 4.24%) 67th In TAS
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Properties sold 87
Average discounting -5.26%
Average Days on Market 101
Stock on Market 28 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Penguin, TAS National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Penguin, TAS National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Penguin, TAS National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Penguin


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State Auction Clearance Rates - April 2019

Auctions Clearance rate
%
ACT 35 44%
NSW 213 57%
NT 11 0%
QLD 22 38%
SA 42 17%
VIC 48 58%
WA 18 25%

Local Schools


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Suburb Information

Penguin, TAS 7316

Part of: Central Coast Council No data available

The size of Penguin is approximately 45.4 square kilometres. It has 24 parks covering nearly 8.3% 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. (source: Australian Bureau of Statistics)

View all properties for sale in Penguin

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Penguin   for Houses in last 12 months


There have been 84 Houses sold in Penguin in the past 12 months with a median sale price of $293K, up 8.33% annually. It takes on average 100 days to sell with vendor discounting of -5.03%.

Streets in Penguin


Others also viewed

Suburb Median Price Change (1 yr) Median Sale Price Median Rent Median Gross Yield
Devonport TAS, 7310 8.92% $262,500 $280pw 5.5% View Suburb Profile
Ulverstone TAS, 7315 10.04% $285,000 $290pw 5.3% View Suburb Profile
Burnie TAS, 7320 31.94% $315,000 $255pw 4.2% View Suburb Profile
Point Turton SA, 5575 0.32% $310,000 Unavailable Unavailable View Suburb Profile
Stieglitz TAS, 7216 27.11% $241,500 Unavailable Unavailable View Suburb Profile
Goodwood TAS, 7010 10.25% $320,000 $360pw 5.8% View Suburb Profile