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Location

Market Insights for Penguin TAS 7316

New Listings (last 30 days)

Average price

$1,031,813

Lowest price

$545,000

Highest price

$2,650,000

38 King Edward Street, Penguin TAS 7316

$885,000

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$885k - $929k Transparent Transparent Listing Based on an openly advertised listing price.

House 4 Beds 3 Baths 1 Car 1120 m² 122 m²

Listed: 4 days ago

Overview

Located in the charming coastal town of Penguin, this circa 1910 residence seamlessly blends classic period detail with contemporary updates, delivering a home rich in character yet perfectly attuned to modern family living. The enduring care evident through only four owners attests to the quality and comfort maintained within.

The layout offers versatile living options with two separate lounges, creating welcoming spaces for relaxation or social gatherings. The updated country-style kitchen serves as a central hub, featuring a clever serving window to the adjacent rumpus room that enhances connectivity for daily routines or entertaining.

Four spacious bedrooms accommodate household needs, supported by three bathrooms including a main bathroom echoing the kitchen’s character and an ensuite with a spa bath that adds a touch of luxury. A dedicated study space further expands functional possibilities, suitable for a home office or additional bedroom.

The property’s generous 1,120 sqm land parcel facilitates comfortable outdoor living. Mature seasonal gardens create a vibrant, tranquil setting, while an undercover entertaining area offers a sheltered venue for family gatherings. With a single garage featuring an electric roller door and plentiful storage throughout, convenience complements the home’s aesthetic appeal.

Beyond the garden, rear yard views stretch to the sea, imparting a serene backdrop that enhances the overall ambiance. This combination of heritage charm, flexible interiors, outdoor space, and scenic outlooks presents an attractive package for families seeking a balance of character and lifestyle amenities.

Local Market Insights

In Penguin, Quiet Listings observed 16 new houses entering the market over the last 30 days, up from 7 during the previous 30-day period, with an average advertised asking price of $1,031,813. The property type mix of listed properties is predominantly Houses at 89%, followed by land (6%), and townhouses (6%). The most active agency for houses in the Penguin area is currently Harcourts, representing 63% of new listings, followed by Jenrew Real Estate with 13%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.