7 Lancaster Avenue, Penguin, TAS 7316 | Property Value & History | OnTheHouse
 
OFF MARKET

7 Lancaster Avenue
Penguin TAS 7316

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 101m2
Land area: 534m2
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Last updated 22 Dec 2025
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Property Details for 7 Lancaster Ave, Penguin

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.

Building Type
House
Year Built
1985
Floor Size
101m2
Land Size
534m2
Local Government
Central Coast
Lot/Plan
18/54664

Last Listing description (December 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

- An open plan kitchen with pantry, breakfast bar and upright electric stove
- The bathroom has the convenience of separate shower and bath. Separate w/c
- There is an internal laundry and fully enclosed sunroom

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.

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Property History for 7 Lancaster Ave, Penguin, TAS 7316

A timeline of how this property has performed in the market
Last Sold
$396,000
05 Oct 2023
Listed for Rent
$250/w
10 Oct 2016
  • 05 Oct 2023
    Sold for $396,000
  • 02 Aug 2023
    Listed for Sale $399,000
  • 11 Aug 2017
    Sold for $220,000
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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 2,115 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 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

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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