7 Lancaster Ave, Penguin is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 534m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
This three-bedroom brick veneer home is positioned in a quiet cul-de-sac, in the ever-popular beachside town of Penguin. The home is attractively priced at entry level, with a low maintenance yard and single level floorplan. This property is a definite option for downsizers, as well as first home buyers and investors.
- Two of the three bedrooms have built in robes
- The open plan living area has room to accommodate lounge and dining
Other features of the property include a reverse cycle heat pump, a generous size 6x6 metre lockable shed with slab, a further garden shed and a covered patio area, all set on a 534 sqm block.
Investors can expect around $360 - 370 PW rent. Set on a 534 sqm block.
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.
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 2,113 properties. Over the last 5 years, Houses in Penguin have seen a 70.00% increase in median value, while Units have seen a 62.16% increase. As at 31 January 2026:
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