56 West Ridge Road, Penguin, TAS 7316 | Property Value & History | OnTheHouse
FOR SALE

56 West Ridge Road
Penguin TAS 7316

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 302m2
Land area: 21515m2
This property is currently on the market
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Property Details for 56 West Ridge Rd, Penguin

56 West Ridge Rd, Penguin is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 2004. The property has a land size of 21515m2 and floor size of 302m2.This Property is currently listed for sale with Halliwell Property Agents Pty Ltd

Building Type
House
Year Built
2004
Floor Size
302m2
Land Size
21515m2
Local Government
Central Coast
Lot/Plan
3/6337

Last Listing description (January 2026)

Set in a peaceful and private position, this outstanding lifestyle property captures spectacular coastal views across Bass Strait and as far as Table Cape. 56 West Ridge Road offers a rare opportunity to secure acreage living (approximately 5.3 acres) in the charming seaside community of Penguin.

From serene sunrises to breathtaking sunsets, this north-facing home enjoys a wonderful sense of space and seclusion, all while being just minutes from everything Penguin has to offer.

The expansive residence offers five generous bedrooms, three of which feature built-in wardrobes. The master suite is thoughtfully positioned upstairs and includes a walk-in wardrobe and private ensuite, with a conveniently located powder room nearby. A fifth bedroom or study on the upper level provides flexibility for families or those working from home.

Upstairs is where the home truly shines, boasting magnificent ocean views from the main living area as well as from the master bedroom and ensuite. This level incorporates an open-plan kitchen, dining, and living area, complemented by a separate formal lounge. A practical mudroom adds everyday convenience, while the balcony and deck create the perfect space to relax or entertain while taking in the sweeping coastal outlook-completing the upper floor.

Designed with versatility in mind, the ground floor is ideal for multi-generational living, featuring three additional bedrooms, the main bathroom, and a separate powder room. A spacious rumpus room with kitchenette provides a private living area, supported by a separate laundry and internal access to the garage.

Outdoors, the generous grounds are enhanced by a large shed and carport, offering ample undercover and off-street parking for vehicles, boats, or trailers. A private native forest on the hillside overlooks the Coastal Pathway, creating a tranquil retreat where you can hang a hammock and enjoy the soothing sound of waves rolling in below.

The property is serviced by a septic system and connected to town water.
Ideally located just a short drive from Penguin's cafs, shops, schools, and pristine beaches, this property seamlessly blends everyday convenience with coastal tranquility. Scenic walking tracks, parklands, and the stunning Bass Strait coastline are all close at hand.

Whether you're searching for a substantial family home, a sea-change retreat, or a smart investment in a tightly held location, 56 West Ridge Road offers genuine appeal, flexibility, and future potential. This is a rare opportunity to secure an exceptional lifestyle in one of Penguin's most sought-after settings.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Property measurements, including square footage, room dimensions, and land size, are approximate and may vary.

Buyers are encouraged to conduct their own inspections and due diligence to confirm the accuracy of all details.

Property History for 56 West Ridge Rd, Penguin, TAS 7316

A timeline of how this property has performed in the market
Last Sold
$1,350,000
03 Jul 2022
  • 19 Jan 2026
    Listed for Sale Offers Over $1,398,000
  • 03 Jul 2022
    Sold for $1,350,000
  • 02 May 2022
    Listed for Sale Offers over $1,500,000
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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 2,116 properties. Over the last 5 years, Houses in Penguin have seen a 73.16% increase in median value, while Units have seen a 56.54% increase. As at 31 December 2025:

  • The median value for Houses in Penguin is $655,301 while the median value for Units is $428,563.
  • Houses have a median rent of $450 while Units have a median rent of $335.
There are currently 38 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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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.