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