69 Penna Road, Midway Point, TAS 7171 | Property Value & History | OnTheHouse
OFF MARKET

69 Penna Road
Midway Point TAS 7171

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 191m2
Land area: 556m2
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Last updated 4 Aug 2025
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Property Details for 69 Penna Rd, Midway Point

Building Type
Commercial
Year Built
1986
Floor Size
191m2
Land Size
556m2
Local Government
Sorell
Lot/Plan
5/63587

Last Listing description (October 2023)

Every once in a while, an amazing opportunity comes across your path and beckons you to take hold. This 102 acre property with farming potential and incredible water views could be your very own slice of heaven located just 25 minutes from the city.

This parcel of land has been in the same family for five generations and has the potential to be turned into a farm. Zoned rural, this block cannot be subdivided however a dwelling can be built pending a farm management plan being completed (STCA).

There is a 24.4 metre wide driveway to access the block and a brand new crossover was installed six months ago. Town water runs along the front boundary and Penna has access to the TasWater irrigation scheme.

There are so many options here, you could set up your own vineyard, keep livestock, run an orchard, or create your own organic vegetable farm, just to name a few. Enjoy spectacular elevated views of natural landscapes and the bay as far as Nubeena and White Beach.

Positioned only two minutes from Penna Beach, six minutes from Sorell, twelve minutes from Hobart Airport, and less than a half an hour from Hobart's CBD, the location could not be better. This lifestyle opportunity will not last long; call today!

Property History for 69 Penna Rd, Midway Point, TAS 7171

A timeline of how this property has performed in the market
Last Sold
$595,000
22 Sep 2020
Listed for Rent
$295/w
28 Nov 2014
  • 16 Aug 2023
    Listed for Sale Not Disclosed
  • 22 Sep 2020
    Sold for $595,000
  • 14 Sep 2020
    Listed for Sale Offers over $545,000
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About Midway Point 7171

The size of Midway Point is approximately 2.1 square kilometres. It has 6 parks covering nearly 19.4% of total area. The population of Midway Point in 2016 was 2859 people. By 2021 the population was 3384 showing a population growth of 18.4% in the area during that time. The predominant age group in Midway Point is 30-39 years. Households in Midway Point are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Midway Point work in a clerical occupation.In 2021, 74.00% of the homes in Midway Point were owner-occupied compared with 72.70% in 2016.

Midway Point has 1,767 properties. Over the last 5 years, Houses in Midway Point have seen a 45.23% increase in median value, while Units have seen a 59.50% increase. As at 30 November 2025:

  • The median value for Houses in Midway Point is $640,941 while the median value for Units is $540,049.
  • Houses have a median rent of $595 while Units have a median rent of $450.
There are currently 8 properties listed for sale, and 3 properties listed for rent in Midway point on OnTheHouse. According to Cotality's data, 108 properties were sold in the past 12 months in Midway point.

Suburb Insights for Midway Point 7171

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Cotality Copyright and Legal Disclaimers about Property Data
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.