40 South Road, Penguin, TAS 7316 | Property Value & History | OnTheHouse
OFF MARKET

40 South Road
Penguin TAS 7316

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 192m2
Land area: 2984m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 8 Dec 2025
Low

High
Save

Property Details for 40 South Rd, Penguin

40 South Rd, Penguin is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1952. The property has a land size of 2984m2 and floor size of 192m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
House
Year Built
1952
Floor Size
192m2
Land Size
2984m2
Local Government
Central Coast
Lot/Plan
1/108171

Last Listing description (October 2025)

Looking for a property that gives you space, views, and options? Stationed on the hillside in Penguin, this versatile home offers ocean outlooks, established gardens, shed space galore, and even dual-living or subdivision potential.

On just under three-quarters of an acre, there's room for kids to play, for gardeners to grow, or for tinkerers to expand the already generous shed into the ultimate workshop. Add to that an established orchard with apples, pears, peaches, apricots, sugarplums and more - it's a lifestyle ready to enjoy from day one.

Inside, the north-facing living areas are bright and sunny all year round, and the deck and alfresco space make the most of those sweeping views.

Features include:
Four bedrooms, three bathrooms
Two living areas
Ocean views
Huge shed and storage space
Established gardens and orchard
Solar panels to keep power bills down
Short walk to local school
Easy drive to shops, cafes, pubs, the beach - and one of the best bakeries in the state (according to me!)
Quick highway access to the whole North-West Coast

There's more: with two separate power meters already in place, the property is set up for dual income opportunities. Sublet part of the home, or add a granny flat (STCA) - there's plenty of space to make it work.

This is your chance to secure a diverse and flexible property in popular Penguin. Contact One Agency Burnie today to arrange your private inspection and see how you'll make this hillside haven your own.

Size:192m2 (approx.)
Land Size: 2984m2 (approx.)
Beds: 4
Baths: 3
Garage Spaces: 2
Open Spaces For Vehicles: 3
Year Built: 1952

One Agency Burnie has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 40 South Rd, Penguin, TAS 7316

A timeline of how this property has performed in the market
Last Sold
$368,000
04 May 2018
Listed for Rent
$490/w
03 Jan 2023
  • 24 Sep 2025
    Listed for Sale Best Offers Over $725,000
  • 05 Dec 2022
    Listed for Rent $490 / week
  • 10 Dec 2018
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

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 35 properties listed for sale, and no properties listed for rent in Penguin on OnTheHouse. According to Cotality's data, 104 properties were sold in the past 12 months in Penguin.

Suburb Insights for Penguin 7316

Market Insights
Penguin Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Penguin Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.