38 King Edward Street, Penguin, TAS 7316 | House for sale | OnTheHouse
FOR SALE
$849,000 - $879,000

38 King Edward Street
Penguin TAS 7316

Bedrooms: 4
Bathrooms: 3
Car spaces: 1
Floor area: 122m2
Land area: 1120m2
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A TIMELESS PENGUIN STORY

From the street, 38 King Edward Street has all the charm of a quaint early 1900s cottage, but step inside and you quickly realise there is far more here than you might expect.
Dating back to circa 1910, this much loved family home has had just four owners in its history, a testament to the care and longevity that comes with a property like this. Beautiful period character is complemented by thoughtful updates, creating a home that feels both comfortable and practical while retaining the charm of its era.
The floorplan offers four generous bedrooms, with the flexibility of a dedicated office or fifth bedroom depending on your needs. There are two separate living spaces, including a second living or rumpus room with a serving window opening directly through to the updated country cottage style kitchen. It is a wonderfully practical arrangement for family life, entertaining or simply having somewhere for everyone to spread out.
Three bathrooms add further convenience, including an updated main bathroom designed to complement the character and style of the kitchen, while the ensuite features a relaxing spa bath.
There is ample storage throughout the home, ensuring the practical side of family living has been well considered, while the single garage with electric roller door provides secure parking and additional convenience.
Outside, the approximately 1,120m² block is where the property really begins to surprise. The front porch provides a lovely spot to enjoy a morning coffee surrounded by seasonal flowering trees, while out the back, more established seasonal blooms create a beautiful outlook from the home.
The large backyard offers plenty of room for children, pets, gardens or simply enjoying the outdoors, with an undercover entertaining area providing the perfect spot for gatherings with family and friends. From the rear section of the yard, you can also take in lovely sea views, adding another layer to what this property has to offer.
There is a genuine sense of warmth and history throughout 38 King Edward Street. It is a home that has been loved, lived in and thoughtfully maintained, while offering the flexibility and space that modern families are looking for.
From its charming street presence to the surprisingly spacious floorplan, large backyard, sea views and beautiful established gardens, this is truly a property you need to experience to appreciate all that it has to offer.
*McGrath Devonport believes the information contained is accurate; however, interested parties should rely upon their own enquiries. Plans are indicative only.

Property Details for 38 King Edward St, Penguin

38 King Edward St, Penguin is a 4 bedroom, 3 bathroom House with 1 parking spaces. The property has a land size of 1120m2 and floor size of 122m2. The place is currently for sale with MCGRATH DEVONPORT.

Building Type
House
Floor Size
122m2
Land Size
1120m2
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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 35.65% increase in median value, while Units have seen a 57.99% increase. As at 30 September 2026:

  • The median value for Houses in Penguin is $689,751 while the median value for Units is $486,997.
  • Houses have a median rent of $495 while Units have a median rent of $335.
There are currently 31 properties listed for sale, and no properties listed for rent in Penguin on OnTheHouse. According to Cotality's data, 100 properties were sold in the past 12 months in Penguin.

Suburb Insights for Penguin 7316

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Amy Rawston
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MCGRATH DEVONPORT
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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.