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TAS › Penguin › Ironcliffe Rd

120 Ironcliffe Rd, Penguin TAS 7316

House

3

Bedrooms

2

Bathrooms

9

Car spaces

3,269 m²

Land

210 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • CalculationLand 3,269 m² against a 210 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Penguin (last 5 years) with land size: median $704/m² of land (n=127). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.
  • FactZoned Rural Living (104.11.1) under the Central Coast Local Provisions Schedule.(theLIST · 30 Aug 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Local land rate: recorded House sales in Penguin (last 5 years) with land size have a median of $704/m² of land (n=127). Districts calculation from recorded sales — not a valuation.

Penguin at a glance

4,239

People

$628,750

Median sale

$473/wk

Median rent

3.91%

Suburb gross yield

Median sale from 64 recorded sales (last 12 months) — a Districts calculation.

See the full Penguin report →

Planning

Planning and development

Planning scheme

Central Coast Local Provisions Schedule

Zone

Rural Living

104.11.1

Jurisdiction

Central Coast (Tas.)

Central Coast (Tas.), TAS

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: theLIST
  • Dataset: Tasmanian Planning Scheme Zones
  • Retrieved: 30 Aug 2026
  • Version: 1
  • Parcel: 3082611

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Soldprice unknown18 May 2026
  2. Listedprice unknowncompleted7 Jan 2026
  3. Listedprice unknowncompleted7 Jan 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

TAS

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned Rural Living · 104.11.1 (Central Coast Local Provisions Schedule). Official parcel area about 3,272 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $473/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned Rural Living · 104.11.1 (Central Coast Local Provisions Schedule). Official parcel area about 3,272 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    Official parcel about 3,272 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Penguin in one glance

Penguin at a glance

4,239

People

$628,750

Median sale

$473/wk

Median rent

3.91%

Suburb gross yield

Median sale from 64 recorded sales (last 12 months) — a Districts calculation.

See the full Penguin report →

Keep researching

  • Why Penguin? Read the area thesis →
  • What else is on the market in Penguin →
  • Other records on Ironcliffe Rd →

Listing material

Listed by Ulverstone Real Estate

Perfection in Penguin - Owner Keen to See Your Offers.

Dear Local Real Estate Agent,

"We are looking for a modern home near or around Penguin, three beds at least, on a bigger block - not too big. Near the ocean, with ocean views (or both), decent shed, room for extra cars or a van and boat...what have you got?"

THIS...

Read the full description

Welcome to 120 Ironcliffe Road, Penguin.

Classy, modern, loads of space (inside and out) on a generous, but very manageable 3,269sqm (0.8 acre) block.

Incredible ocean and rural views and just a three-minute drive into the charm of Penguin Village and beaches.

- Three bedrooms including a jaw-dropping master suite with walk-in robe, oversized ensuite and roof space storage

- Family bathroom doubling up with the laundry

- Generous lounge room

- Very impressive kitchen with the best modern appliances and island bench

- All living spaces and master suite taking in the magnificent views

- Outdoor entertaining patio

- 9 x 6m triple bay shed with mezzanine storage

- Double carport attached to rear of the home.

- HUGE parking pad for extra vehicles, vans, trailers or boats.

School, Golf Course, AFL standard ground, athletics, bike tracks are all a stone's throw away.

So, buyers, have we checked off that wish list?

I think we have gone pretty close.

Don't let this fantastic Northwest Coast lifestyle opportunity pass you by.

Register your interest today!

Property Code: 127

Listing description written by Craig Heppell, Ulverstone Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Fully Fenced
  • Outdoor Entertaining
  • Remote Garage
  • Water Tank
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.