Set in the quiet Penguin Valley just 10 minutes from the town centre of Penguin, this 7.451-hectare property offers a rare combination of privacy, natural surrounds, and genuine potential.
The standout feature is the creek running through the property, creating a peaceful, usable landscape that's hard to come by this close to town. With a mix of bushland and open pasture, there's space here to explore, ride, or simply enjoy a more secluded lifestyle.
The existing two-bedroom shipping container conversion is fully functional, with kitchen, bathroom, living space and an additional sunroom. Both mains and solar power are connected, providing a practical base while future plans are considered.
Additional infrastructure includes basic shedding and a small-scale licensed abattoir with existing drainage and cold storage (requiring re-gassing), and a greenhouse ready for repair or reinvention offering scope for those interested in gardening or small-scale produce.
This is not a polished property, and that's exactly where the opportunity lies. For buyers willing to put in the work, there is real scope to improve, add value and create something special in a tightly held location.
If you've been searching for private acreage with water, within easy reach of the coast, this is a property that deserves your attention.
Disclaimer:
*4front Real Estate 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. All measurements are approximate. *
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 2,118 properties. Over the last 5 years, Houses in Penguin have seen a 51.41% increase in median value, while Units have seen a 80.30% increase. As at 30 April 2026:
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