134 Preservation Drive, Preservation Bay, TAS 7316 sold on 05 August 2025 | OnTheHouse
 
SOLD
Sold on 05 Aug 2025 for $715,000

134 Preservation Drive
Preservation Bay TAS 7316

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 138m2
Land area: 1247m2
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Property Details for 134 Preservation Dr, Preservation Bay

134 Preservation Dr, Preservation Bay is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 1247m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 4 bedroom House sold in Preservation Bay in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
138m2
Land Size
1247m2
Local Government
Central Coast
Lot/Plan
1/198922

Last Listing description (December 2025)

An exciting opportunity awaits the astute buyer ...Within 50 metres from one of the North West Coasts fabulous beaches & Australia's number 1 Surf Club for 2020, only 500 metres along the beach is this 4 bedroom home on a massive 1246m² flat block .......so here is where it gets interesting and just a couple of possibilities...- Renovate existing home- Subdivide into 2 blocks (STCA)- Build Townhouses (STCA)- Keep house, sell off block- Build new house, sell existing house- Build new house, keep the other as a rentalOther features to note- Directly opposite coastal pathway - North Facing- Protected from Westerly, Southerly & Easterly winds due to coastal Escarpment- School bus route- Low traffic road frontage- 10 minutes to Burnie , 20 Minutes to Devonport & only a couple of minutes to the coastal town of Penguin.This property is one of a kind , in a killer location and shouldn't last long before someone realises its potential.Call Colin and Jodi Tunn to book your private inspection o

Property History for 134 Preservation Dr, Preservation Bay, TAS 7316

A timeline of how this property has performed in the market
Last Sold
$715,000
05 Aug 2025
Listed for Rent
$500/w
10 Nov 2025
  • 15 Oct 2025
    Listed for Rent $500 / week
  • 05 Aug 2025
    Sold for $715,000
  • 25 Mar 2025
    Listed for Sale $725,000
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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 71.61% increase in median value. As at 30 November 2025:

  • The median value for Houses in Preservation Bay is $651,400 while the median value for Units is $340,947.
There are currently 3 properties listed for sale, and no properties listed for rent in Preservation bay on OnTheHouse. According to Cotality's data, 1 property were sold in the past 12 months in Preservation bay.

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Harcourts Ulverstone & Penguin
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