128 Preservation Drive, Preservation Bay, TAS 7316 | Property Value & History | OnTheHouse
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128 Preservation Drive
Preservation Bay TAS 7316

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 250m2
Land area: 809m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Low Confidence
Last updated 14 Jul 2025
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High
$1.00M
$1.10M
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Property Details for 128 Preservation Dr, Preservation Bay

128 Preservation Dr, Preservation Bay is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1988. The property has a land size of 809m2 and floor size of 250m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Year Built
1988
Floor Size
250m2
Land Size
809m2
Local Government
Central Coast
Lot/Plan
8/137220

Last Listing description (June 2024)

From the moment you walk through the door of this stunning home you will want to move right in. This two story home is located across the road from the beach, boasting character and charm, cathedral ceilings and an undercover area perfect for entertaining.

The main bedroom is situated upstairs with a parents retreat perfect for relaxing after a long day, ensuite and study. It also offers bi-fold doors that open onto a balcony to sit and take in the views of the ocean.

- Three additional bedrooms with built in wardrobes

- Spacious kitchen with dishwasher and fridge
- Updated main bathroom with walk in shower
- Updated carpets
- Reverse Cycle heating
- Manicured gardens with fruit trees and a veggie patch
- Garden shed
- Single garage
- Pets considered upon application
- Walking track to penguin across the road
- Close to Penguin Surf Lifesaving Club

This home has so much to offer! Get in quick it won't last long.

Inspections: Inspections will be arranged upon successful pre-approval of an application. All applicants over the age of 18 are required to apply through realestate.com.au. Please do not approach or enter the property without an agent present.

One Agency Burnie 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. Applicants are advised to carry out their own investigations.

Property History for 128 Preservation Dr, Preservation Bay, TAS 7316

A timeline of how this property has performed in the market
Last Sold
$998,200
26 Apr 2023
Listed for Rent
$650/w
03 Jul 2023
  • 11 Jun 2024
    Listed for Rent $650 / week
  • 27 Jun 2023
    Listed for Rent $650 / week
  • 26 Apr 2023
    Sold for $998,200
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About Preservation Bay 7316

The size of Preservation Bay is approximately 0.6 square kilometres. The population of Preservation Bay in 2016 was 74 people. By 2021 the population was 100 showing a population growth of 35.1% in the area during that time. The predominant age group in Preservation Bay is 50-59 years. Households in Preservation Bay are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Preservation Bay work in a professional occupation.In 2021, 71.00% of the homes in Preservation Bay were owner-occupied compared with 71.50% in 2016..

Preservation Bay has 45 properties. Over the last 5 years, Houses in Preservation Bay have seen a 77.05% increase in median value. As at 30 June 2025:

  • The median value for Houses in Preservation Bay is $652,996 while the median value for Units is $412,855.
There are currently 2 properties listed for sale, and no properties listed for rent in Preservation bay on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Preservation bay.

What's around 128 Preservation Dr, Preservation Bay

Nearby Schools
Comparable Properties
Penguin District School
3.42km
Penguin 7316
CombinedGovernmentP - 10Combined591 Enrolled
North West Christian School
3.82km
Penguin 7316
CombinedNon-GovernmentP - 10Combined53 Enrolled
Leighland Christian School - Burnie Campus
10.13km
Wivenhoe 7320
PrimaryNon-GovernmentCombined Enrolled
West Ulverstone Primary School
10.98km
West Ulverstone 7315
PrimaryGovernmentP - 6Combined213 Enrolled
Havenview Primary School
11.72km
Havenview 7320
PrimaryGovernmentP - 6Combined132 Enrolled
Riana Primary School
12km
Riana 7316
PrimaryGovernmentP - 6Combined112 Enrolled
Ulverstone Primary School
12.09km
Ulverstone 7315
PrimaryGovernmentP - 6Combined417 Enrolled
Parklands High School
12.65km
Romaine 7320
SecondaryGovernment7 - 10Combined349 Enrolled
Ulverstone Secondary College
12.68km
Ulverstone 7315
SecondaryGovernment7 - 12Combined498 Enrolled
Romaine Park Primary School
12.7km
Romaine 7320
PrimaryGovernmentP - 6Combined322 Enrolled

Suburb Insights for Preservation Bay 7316

Market Insights
Preservation Bay Trends for Houses
Median Value

$653k

13.89%
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Median Growth

20.51%

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Neighbourhood Insights
Age

Population 100

0-9

 

15%

10-19

 

12%

20-29

 

4%

30-39

 

10%

40-49

 

17%

50-59

 

19%

60-69

 

5%

70-79

 

6%

80-89

 

3%

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