12060 Bass HighwayPenguin TAS 7316
Property Details for 12060 Bass Hwy, Penguin
Last Listing description (February 2018)
Located on the outskirts of Penguin, fronting onto the Bass Highway, 'Myrtleford' has magnificent views to the coast from parts of the property. Comprising approx. 38ha (94 acres) 'Myrtleford' is ideally located, with a lovely aspect, in a popular area.
This property is 100% high quality red basalt soils, with abundant water & irrigation. Irrigation water comes from the dam, Myrtle Creek & 70KL/hr bore. House water is sourced from an 800lt spring-fed concrete tank - 5mt underground; fully sealed. 'Myrtleford' has history of producing high value crops in an intensive regime (no potatoes for 12 years).
The brick home comprises of 4 bedrooms (main with ensuite), renovated kitchen/dining area, 250lt solar hot water plus 3kw grid connected solar panels, outdoor undercover area, 3 car garage, wood heater & set amid lovely established gardens.
Property History for 12060 Bass Hwy, Penguin, TAS 7316
- 25 Nov 2017Sold for $1,100,000
- 13 Jan 2017Listed for Sale Price by Negotiation over $1,100,000
- 08 Jul 1983Sold for $124,625
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0About 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.
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