Water Frontage - As Rare as Hen's Teeth's
Comprising of Lots 37 & 38 in two titles with a combined land area of 1,598m2 on the lower side of Shark Point Road, gently sloping down to the coastal reserve and waters edge. This would have to be one of the best opportunities to build that dream home in a dream location, only 10 minutes to the Hobart Airport, 25 minutes to the CBD of Hobart and within the fast growing area of Sorell.
The size of Penna is approximately 28.7 square kilometres. There are 4 parks, covering nearly 2.4% of the total area. The population of Penna in 2016 was 422 people. By 2021 the population was 437 showing a population growth of 3.6% in the area during that time. The predominant age group in Penna is 50-59 years. Households in Penna are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Penna work in a managers occupation.In 2021, 91.20% of the homes in Penna were owner-occupied compared with 84.30% in 2016.
Penna has 200 properties. Over the last 5 years, Houses in Penna have seen a 41.86% increase in median value. As at 31 August 2026:
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