498 Pine Road, Penguin, TAS 7316 | Property Value & History | OnTheHouse
OFF MARKET

498 Pine Road
Penguin TAS 7316

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 119m2
Land area: 17340m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 27 Jul 2026
Low

High
Save

Property Details for 498 Pine Rd, Penguin

498 Pine Rd, Penguin is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 17340m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in June 2025.

Building Type
House
Year Built
1940
Floor Size
119m2
Land Size
17340m2
Local Government
Central Coast
Lot/Plan
1/52824

Last Listing description (July 2026)

Welcome to 498 Pine Road, a beautiful country cottage nestled on over 4 acres of stunning land in the peaceful township of Penguin. Offering the perfect combination of rural charm and modern convenience, this property is just an 8-minute drive from the CBD of Penguin, making it an ideal retreat for those who enjoy a quiet lifestyle without being far from essential amenities.

The property is divided into three separate paddocks, providing ample space for a variety of farming activities. Whether you're interested in growing your own produce, raising sheep, cows, chickens, or even horses, the land offers limitless potential for hobby farming or self-sufficiency. With its spacious layout, this property is perfect for anyone looking to embrace the rural lifestyle.

The cottage itself features three generously sized bedrooms, ensuring plenty of space for the whole family. The large kitchen and dining area form the heart of the home, with the kitchen equipped with modern amenities including a wall oven, 4-burner cooktop, rangehood, and dishwasher. The bathroom offers both a separate shower and bath, while the toilet is conveniently located separately for added comfort.

For those who love to entertain, the property includes a beautiful enclosed entertainment area, ideal for year-round gatherings. There's also a second entertainment deck where you can relax and soak in the summer sun, making it the perfect spot for outdoor living.

Storage is plentiful with a 6x9 garage featuring electric roller doors, providing space for vehicles and tools. For outdoor cooking enthusiasts, a wood-fired pizza oven is ready to help you create delicious meals while enjoying the fresh country air.

The property is surrounded by established gardens, a veggie patch for homegrown produce, and fruit trees that promise seasonal delights. A large double barn with adjoining workshop space offers endless possibilities for storage or hobbies. The property includes horse stables, making this property an excellent choice for animal lovers.

In terms of water, this property is well-equipped with a reliable bore as the main water source, ensuring consistent water availability year-round. Additionally, two water tanks provide extra storage capacity, making sure you're covered even during dryer months. To further enhance sustainability, the property includes five solar panels, helping reduce energy costs and ensuring a more eco-friendly lifestyle.

With its combination of peaceful rural living, ample space for farming or recreational pursuits, and proximity to Penguin's amenities, 498 Pine Road is the perfect opportunity to create the country lifestyle you've always dreamed of. Whether you're looking to raise animals, grow your own food, or simply enjoy the serenity of country life, this property has everything you need.

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.

Property History for 498 Pine Rd, Penguin, TAS 7316

A timeline of how this property has performed in the market
Last Sold
$615,000
16 Jun 2025
  • 16 Jun 2025
    Sold for $615,000
  • 31 Mar 2025
    Listed for Sale Offers Over $625,000
  • 11 Mar 2018
    Sold for $337,000
Sign in to see more transactions
Commute Calculator

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 2,118 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.
There are currently 21 properties listed for sale, and 1 property listed for rent in Penguin on OnTheHouse. According to Cotality's data, 103 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.