1 West Ridge Road, Penguin, TAS 7316 sold on 27 October 2025 | OnTheHouse
 
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Sold on 27 Oct 2025 for $973,000

1 West Ridge Road
Penguin TAS 7316

Bedrooms: 3
Bathrooms: 3
Car spaces: 5
Floor area: 234m2
Land area: 1077m2
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Property Details for 1 West Ridge Rd, Penguin

1 West Ridge Rd, Penguin is a 3 bedroom, 3 bathroom House with 5 parking spaces. The property has a land size of 1077m2 and floor size of 234m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 3 bedroom House sold in Penguin in the last 12 months.

Building Type
House
Floor Size
234m2
Land Size
1077m2

Last Listing description (October 2025)

Perched in one of Penguin's most sought-after locations, this stunning coastal residence offers more than just breathtaking sea views-it's a lifestyle investment. Whether you're searching for the perfect family retreat, a luxurious seaside escape, or a thriving Airbnb opportunity, this property delivers it all.

Designed to embrace natural light and maximise the sweeping ocean vistas, this home effortlessly blends comfort with modern elegance. The flexible floor plan and dual-access driveways open up endless possibilities, making it ideal for those looking to run a boutique B&B or to host guests in style.

Property Highlights:

Three spacious bedrooms, each designed for privacy and relaxation
Three contemporary bathrooms, including a master ensuite for added luxury
Two expansive living areas, perfect for unwinding or entertaining guests
A well-appointed central kitchen, seamlessly connecting both living spaces
Two outdoor decks, including a north-facing entertainer's deck, the perfect spot for morning coffee or sunset drinks
Floor-to-ceiling windows, bathing the home in natural light and framing the breathtaking coastal backdrop
New flooring throughout, adding a fresh, modern touch
Dual access driveways, offering ease of entry and potential for separate guest accommodations
Unbeatable location, just a short stroll to Penguin's pristine beaches, boutique shops, and vibrant cafés

For those considering a B&B venture, the layout provides an effortless transition into short-term accommodation, offering privacy for both owners and guests. The proximity to the beach, town centre, and popular coastal attractions makes this an enticing getaway for visitors year-round.

Whether you're dreaming of a seaside sanctuary or a business opportunity in one of Tasmania's most picturesque seaside towns, this home is the ultimate find.

Contact Mel today to arrange your private viewing!

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.

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Property History for 1 West Ridge Rd, Penguin, TAS 7316

A timeline of how this property has performed in the market
Last Sold
$973,000
27 Oct 2025
  • 27 Oct 2025
    Sold for $973,000
  • 24 Feb 2025
    Listed for Sale $973,000
  • 02 Nov 2022
    Sold for $860,000
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About Penguin 7316

The size of Penguin is approximately 45.4 square kilometres. It has 14 parks covering nearly 23.2% of 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 2,115 properties. Over the last 5 years, Houses in Penguin have seen a 72.58% increase in median value, while Units have seen a 51.32% increase. As at 30 November 2025:

  • The median value for Houses in Penguin is $634,770 while the median value for Units is $404,386.
  • Houses have a median rent of $450 while Units have a median rent of $335.
There are currently 37 properties listed for sale, and no properties listed for rent in Penguin on OnTheHouse. According to Cotality's data, 107 properties were sold in the past 12 months in Penguin.

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Mel Eaton
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Harcourts Ulverstone & Penguin
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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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