Penguin is in the TOP 30% in TAS when comparing median price capital growth over the last year. Penguin gave property investors a good capital gain figure when compared to the rest of the state, with 7.45%.
The five-year average increase in median property values for Penguin,7316 has given property investors a potential capital gain of 13.65% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Penguin is offering property investors an average of -7.05. This rate of discount on properties puts Suburb at number 66th in terms of most discounted suburbs in TAS
Penguin, 7316’s gross rental yield is 4.58%
Property value increases in Penguin have tracked lower than the TAS average of 4.06% over the last 12 months.
Across a shorter period, Penguin, 7316 has seen a median price increase of -0.43% over the last quarter.