158 Preservation Drive, Preservation Bay, TAS 7316 | Property Value & History | OnTheHouse
FOR SALE

158 Preservation Drive
Preservation Bay TAS 7316

Bedrooms: 5
Bathrooms: 2
Car spaces: 1
Floor area: 294m2
Land area: 789m2
This property is currently on the market
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Property Details for 158 Preservation Dr, Preservation Bay

158 Preservation Dr, Preservation Bay is a 5 bedroom, 2 bathroom House with 1 parking spaces and was built in 1967. The property has a land size of 789m2 and floor size of 294m2.This Property is currently listed for sale with Harcourts Ulverstone & Penguin

Building Type
House
Year Built
1967
Floor Size
294m2
Land Size
789m2
Local Government
Central Coast
Lot/Plan
1/37486

Last Listing description (August 2026)

Elevated to capture breathtaking sweeping views across the bay and as far as Low Head at the mouth of the Tamar River, this expansive coastal residence delivers a lifestyle that is as impressive as it is versatile. Spanning across two levels and thoughtfully designed for both relaxed family living and entertaining, this is a home that invites you to slow down, soak in the outlook and embrace its incredible seaside setting.The entry level welcomes you with spacious open-plan living incorporating the kitchen, dining and lounge, alongside a dedicated office, practical mud room and an abundance of storage throughout. Large windows and deck access frame the ever-changing water views, while front and rear decking creates the perfect balance of sunshine, shelter and entertaining space.Accommodation has been cleverly designed to suit growing families or visiting guests, with three bedrooms, bathroom and laundry positioned on the main level, while upstairs offers a private retreat featuring the master suite with walk-in robe, an additional bedroom , second bathroom, separate toilet and a generous second living area complete with bar or future kitchenette.The rear deck is perfectly positioned to capture the warmth of the late afternoon sun, creating the ideal setting for evening entertaining or unwinding after a day by the water.Positioned to overlook two of the area's most iconic surf breaks, "The Point" and "The Break," the outlook is nothing short of sensational - offering a rare connection to the coastline and surrounding bay that few properties can rival. Jump on the coastal walkway and ride or walk into Penguin , enjoying the towns cafes, restaurants ,specialty boutiques & homeware stores.Further enhancing the appeal is substantial lower-ground storage with potential for a wine cellar, plus additional space at the front of the property ideal for the future addition of a garage or granny flat (STCA)A home of scale, flexibility and unforgettable views - this is coastal living on an entirely different level.To book your private inspection contact Colin or Jodi 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.

Property History for 158 Preservation Dr, Preservation Bay, TAS 7316

A timeline of how this property has performed in the market
Last Sold
$42,000
03 Feb 1986
  • 26 Aug 2026
    Listed for Sale Offers over $1,390,000
  • 20 May 2026
    Listed for Sale Offers over $1,390,000
  • 03 Feb 1986
    Sold for $42,000
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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 57.43% increase in median value. As at 31 July 2026:

  • The median value for Houses in Preservation Bay is $734,266 while the median value for Units is $406,327.
There are currently 2 properties listed for sale, and no properties listed for rent in Preservation bay on OnTheHouse. According to Cotality's data, 4 properties were sold in the past 12 months in Preservation bay.

Suburb Insights for Preservation Bay 7316

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Cotality Copyright and Legal Disclaimers about Property Data
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.