Suburb Profile Report for Penguin TAS (7316)

Penguin House: Median price $281,000, Annual capital growth 2.74%, Number of sales 88, Weekly median advertised rent $260

Penguin Unit: Median price $225,000, Annual capital growth -2.17%, Number of sales 13, Weekly median advertised rent N/A

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Penguin has had a quite poor year for property investment returns compared to the rest of TAS, giving investors a capital gain of -3.10% to date .

When looking at the potential capital gains offered to property investors over the last 3 years, Penguin comes in at number 79th in TAS.

At number 56th of TAS’s most discounted properties, Penguin is in the bottom 40% of the state/territory when listing in order of most discounted to least.

Property investors should expect to get $260 weekly from the median priced house in this suburb.

Investment property in Penguin has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -2.17%

Metrics i HOUSE UNIT
$281,000 $225,000
0.72% -3.23%
-3.10% -2.17%
2.74% -2.17%
$260 N/A
88 13
4.81% N/A
126.32 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
Find a mortgage broker in Penguin TAS
Demographics
Total population 3923
Median household income ($/weekly) 887
Median age of persons 43
Median housing loan repayment ($/monthly) 1127
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 526 13.4
    35-44 years 517 13.2
    45-54 years 633 16.1
    55-64 years 535 13.6
    65-74 years 427 10.9
    Others 1286 32.8
    Age Group
    Census Count Percent(%)
    Registered Married 1491 53.4
    Not Married 1004 36.0
    Defacto Relationship 296 10.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 3388 90.8
    New Zealand 32 0.9
    Papua New Guinea 32 0.9
    United Kingdom 190 5.1
    Other 24 0.6
    Others 65 1.7
    Country of Birth
    Census Count Percent(%)
    Christianity 2240 64.0
    No Religion 1223 34.9
    Buddhism 18 0.5
    Other Religious Groups 12 0.3
    Islam 8 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 152 11.4
    $400-$599 215 16.2
    $600-$799 150 11.3
    $800-$999 129 9.7
    $1,500-$1,999 152 11.4
    Others 532 40.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1268 41.9
    Employed, worked full-time 955 31.6
    Employed, worked part-time 584 19.3
    Employed, away from work 112 3.7
    Unemployed, looking for work 105 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 185 11.2
    Professionals 296 17.9
    Technicians & trades workers 289 17.5
    Community & personal service workers 193 11.7
    Clerical & administrative workers 213 12.9
    Others 476 28.8
    Occupation
    Census Count Percent(%)
    Pre-school 37 4.5
    Infants/Primary 349 42.4
    Secondary 245 29.7
    Technical or Further Educational Institution 110 13.3
    University or other Tertiary Institutions 69 8.4
    Others 14 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3372 94.6
    Flat, unit or apartment 110 3.1
    Semi-detached, row or terrace house, townhouse 54 1.5
    Caravan, cabin, houseboat 27 0.8
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 581 39.9
    Being purchased 534 36.7
    Rented 322 22.1
    Other tenure type 18 1.2
    Tenure Type
Census 2011, ABS
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