Properties for sale in Penguin

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

	156 SOUTH RD, PENGUIN, TAS, 7316	2	2		$395,000
	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
	71 DEVIATION RD, PENGUIN, TAS, 7316	3	1	2	Offers over $635,000
	UNIT 1, 1 RECREATION DR, PENGUIN, TAS, 7316	2	1	1	Offers over $445,000
	1 DIAL RD, PENGUIN, TAS, 7316				$320,000
	116 PINE RD, PENGUIN, TAS, 7316	3	2	2	$625,000 to $650,000
	81 MISSION HILL RD, PENGUIN, TAS, 7316	4	2	2	Offers Over $499,000
	16 BERKSHIRE PDE, PENGUIN, TAS, 7316	3	2	2	$545,000
	UNIT 1, 6 BROWNS LANE, PENGUIN, TAS, 7316				$385,000
	43 MISSION HILL RD, PENGUIN, TAS, 7316	3	1	1	Offers Over $479,000
	85 DIAL RD, PENGUIN, TAS, 7316	3	1	3	$685,000
	134 IRONCLIFFE RD, PENGUIN, TAS, 7316	4	2	1	Offers Over $699,000
	16 SOUTH RD, PENGUIN, TAS, 7316				$175,000
	84 SOUTH RD, PENGUIN, TAS, 7316	4	2	1	Offers over $950,000
	23 MISSION HILL RD, PENGUIN, TAS, 7316	3	1	1	$579,000
	56 SOUTH RD, PENGUIN, TAS, 7316	3	2	1	$695,000
	48 BERKSHIRE PDE, PENGUIN, TAS, 7316	4	2	2	Offers over $595,000
	3 RUSSELL ST, PENGUIN, TAS, 7316	3	1	1	Offers Over $530,000
	19 ELIZABETH ST, PENGUIN, TAS, 7316	4	2	1	Offers Over $635,000
	ABERFOYLE, 14 MAIN RD, PENGUIN, TAS, 7316	4	1	2	Offers Over $950,000
	15 CRESCENT ST, PENGUIN, TAS, 7316	3	3	1	$1,250,000
	16 COMMONWEALTH CT, PENGUIN, TAS, 7316	3	1	3	Offers Over $580,000
	13 EVELYN ST, PENGUIN, TAS, 7316	3	2	1	Under Contract in 4 Weeks
	40 ASHWATER CR, PENGUIN, TAS, 7316	3	1	4	Best Offers Over $435,000

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General Points of Interest

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