Thinking about buying in Penguin? Now could not be a better time, with 2303 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $377,000 with prices in this suburb ranging from $15,000 to $3,314,000. Penguin is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Penguin Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Penguin due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Penguin classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Penguin necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale Penguin

	11 HALES ST, PENGUIN, TAS, 7316	3	1	2	Offers Over $499,000
	7 ADINA CT, PENGUIN, TAS, 7316	4	2	1	Best Offers Over $649,000
	UNIT 1, 6 BROWNS LANE, PENGUIN, TAS, 7316				$385,000
	43 MISSION HILL RD, PENGUIN, TAS, 7316	3	1	1	Offers Over $479,000
	1 DIAL RD, PENGUIN, TAS, 7316				$320,000
	120 MAIN RD, PENGUIN, TAS, 7316	4	2	1	Auction
	16 SOUTH RD, PENGUIN, TAS, 7316				$175,000
	84 SOUTH RD, PENGUIN, TAS, 7316	4	2	1	Contact Agent
	26 CORONEAGH ST, PENGUIN, TAS, 7316	4	2	1	$695,000
	16 BERKSHIRE PDE, PENGUIN, TAS, 7316	3	2	2	$545,000
	UNIT 1, 16 WARREEN DR, PENGUIN, TAS, 7316	3	2	1	$495,000
	48 BERKSHIRE PDE, PENGUIN, TAS, 7316	4	2	2	Offers over $595,000
	56 SOUTH RD, PENGUIN, TAS, 7316	3	2	1	$695,000
	9 REKUNA RD, PENGUIN, TAS, 7316	4	1	4	Offers Over $485,000
	150 MAIN RD, PENGUIN, TAS, 7316	3	1	1	$585,000
	23 MISSION HILL RD, PENGUIN, TAS, 7316	3	1	1	$599,000
	85 DIAL RD, PENGUIN, TAS, 7316	3	1	3	$685,000
	134 IRONCLIFFE RD, PENGUIN, TAS, 7316	4	2	1	Offers Over $699,000
	19 ELIZABETH ST, PENGUIN, TAS, 7316	4	2	1	Offers Over $635,000
	ABERFOYLE, 14 MAIN RD, PENGUIN, TAS, 7316	4	1	2	Expressions of Interest
	15 CRESCENT ST, PENGUIN, TAS, 7316	3	3	1	$1,250,000
	13 EVELYN ST, PENGUIN, TAS, 7316	3	2	1	Best Offers Over $495,000
	40 ASHWATER CR, PENGUIN, TAS, 7316	3	1	4	Best Offers Over $435,000
	UNIT 8, 1 CLERKE ST, PENGUIN, TAS, 7316	2	1	1	$399,000 - $419,000

---

---

---

---

Internet Speed

Download 25 Mbps / Upload 5 Mbps

---

Nearby Suburbs

---

Public Transport

---

General Points of Interest

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!