16 Commonwealth Court, Penguin TAS 7316
This property is Off Market
- The Average property price in this area is $394,662, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 1.11 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Penguin - Sulphur Creek
With an average age of 41, households expect an average monthly mortgage payment of $1,330 or a weekly rent payment of $300. The average family earns a weekly income of $1,963 with a typical household size of 2.6 and a 97.58% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Penguin due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Penguin classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Penguin necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Public Transport
Don Junction
General Points of Interest
Penguin Bowling Club
Riana Recreation Grounds
World War II Memorial
Shropshire Park
Tobruk Park
Anzac Park
West Ulverstone Recreation Ground
Ulverstone Sports & Leisure Centre
Schweppes Arena
Ulverstone Tennis Club
Population
(Country of Birth not stated 4%)
Are people healthy?
There are a recorded 694 asthma sufferers and 323 people living with diabetes. In addition, 344 people have a heart/vascular condition and 615 people live with three or more chronic diseases.A good place to invest in property?
Penguin - Sulphur Creek a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Tasmania State average 45 / 100
Income
35 / 100
41 / 100
Industry
46 / 100
40 / 100
Population
40 / 100
40 / 100
House Prices
66 / 100
65 / 100
Jobs
44 / 100
38 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsPenguin District School
Property Story
16 Commonwealth Court, Penguin, Tas, 7316 is a residential property . The estimated distance to the sea is only 1.11km and 0.14KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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