Suburb Profile Report for Penguin TAS (7316)

Penguin House: Median price $465,000, Annual capital growth 6.36%, Number of sales 85, Weekly median advertised rent $330

Penguin Unit: Median price $260,000, Annual capital growth 1.87%, Number of sales 11, Weekly median advertised rent N/A

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Giving property investors a a solid capital gain of 36.76% for the last year, Penguin, 7316 is the 134th highest performer in Australia in this respect.

Across a shorter period, Penguin, 7316 has seen a median price increase of 6.90% over the last quarter.

Our latest figures would indicate that property sellers in Penguin are currently offering property investors an average price cut of -4.86% below the asking price at the moment.

At number 2072 in a list of fastest selling suburbs, Penguin is just in the bottom half of suburbs in Australia with an average of days on market 57.8929 for properties listed there.

Advertised rents are around the $330 mark per week – giving a return of 3.69% based on the median price in Suburb

Metrics i HOUSE UNIT
$465,000 $260,000
6.90% N/A
36.76% N/A
6.36% 1.87%
$330 N/A
85 11
3.69% N/A
57.8928571428572 N/A

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (U), Very good (H)
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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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