TAS has seen average median house prices change by 3.08% which means that Penguin, 7316 has done well for property investors by showing a capital gain of -2.10% over the last year
Over the longer term, Penguin has seen property prices show investors a 5.86% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Penguin 7316 should be seeing an average reduction in asking price of around -7.45% . This means that Penguin is holding prices well when compared to other suburbs in TAS.
Penguin is 103th on a list of best yielding suburbs for rents in TAS with a 4.83% return
Investment property in Penguin has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.43%
If we look at median property appreciation over just the last three months, Penguin has given property investors a paper return of 0.22%. This puts Suburb as 24 on a list of fastest fasting appreciating suburbs in TAS
In the last year 12 properties changed hands in Penguin, which puts it as the 51th most active market in TAS when comparing the number of sales per suburb.