. Browns Lane, Penguin, TAS 7316 | Land for sale | OnTheHouse
FOR SALE
$375,000

. Browns Lane
Penguin TAS 7316

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5.09ha
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BACK TO NATURE ON PENGUIN CREEK

Council planning approval has been issued allowing you to build your home!
Nestled on the edge of Penguin this 12.5 acre property has some amazing features and a bit of history thrown in.
Originally the site of the Penguin town water supply, with Penguin Creek running through the property, remnants of the water supply system still remain. The sluice gates and weir are still intact and while wandering through the property you will see other signs of the past facility. Another creek, permanently spring fed, also runs through, ideal for your own water supply.
The system has created an island which is clear with access easily achieved. What a great spot to build your home, for the caravan, tiny home or the best camping spot!
A giant man fern forest surrounded by tall timber takes your breath away. Native animals are plenty, spot the eagles, devils or catch a trout!
Planning Approval has been issued for a residence and being zoned rural, visitor accommodation (dome anyone?), or maybe some eco cabins, is a discretionary application with council.
Access is good and there are some more surprises awaiting your inspection. Give Colin a call to organise a look at this pretty special piece of land.
Disclaimer:
While Harcourts Ulverstone & Penguin has taken every care to verify the accuracy of the details in this advertisement, we cannot guarantee its correctness. Prospective buyers need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property Details for . Browns Lane, Penguin

Building Type
Land
Land Size
5.09ha
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About Penguin 7316

The size of Penguin is approximately 45.4 square kilometres. There are 14 parks, covering nearly 23.2% of the total area. The population of Penguin in 2016 was 3849 people. By 2021 the population was 4132 showing a population growth of 7.4% 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 2021, 75.00% of the homes in Penguin were owner-occupied compared with 75.00% in 2016.

Penguin has 2,119 properties. Over the last 5 years, Houses in Penguin have seen a 48.20% increase in median value, while Units have seen a 80.80% increase. As at 30 June 2026:

  • The median value for Houses in Penguin is $689,630 while the median value for Units is $502,180.
  • Houses have a median rent of $465 while Units have a median rent of $335.
There are currently 26 properties listed for sale, and no properties listed for rent in Penguin on OnTheHouse. According to Cotality's data, 101 properties were sold in the past 12 months in Penguin.

Suburb Insights for Penguin 7316

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Colin Tunn
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Jodi Tunn
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Harcourts Ulverstone & Penguin
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.