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.
TAS › Penguin › West Pine Rd
$1,250,000
Last sold
21 Dec 2023
4
Bedrooms
2
Bathrooms
6
Car spaces
38,101.153 m²
Land
247 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$1,250,000
21 Dec 2023 · derived via latest_sale
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.
Vs Penguin
+98.8%
Median sale
Suburb $628,750
-1.94 pp
Gross yield
Suburb 3.91%
Suburb median $628,750 from 64 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
TASPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
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.
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.
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
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.”
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
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
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.
Listing material
Listed by Elders Real Estate BurnieElders Real Estate Burnie proudly present "Otterburn," an exquisite circa 1896 homestead, surrounded by extensive gardens and located only minutes from Penguin, on the beautiful North West Coast of Tasmania. Overlooking farmland and out to sea, this impressive property is nestled on 3.81 hectares (9.415 acres approx.) and has been meticulously restored and renovated whilst keeping the character and charm of the era it was built.
Privately hidden from the road, the home has multiple living and dining areas that are complemented by high ceilings, ornate ceiling rose and light fittings and decorative mantles. The home flows beautifully from indoors to outdoors with french doors leading from the family room and main bedroom to the huge covered and enclosed verandah - the perfect spot for entertaining the largest of gatherings as it takes full advantage of the views and gorgeous surroundings. Another large covered verandah off the family room is perfect for your morning cuppa or just to sit and take in the peaceful outlook. The kitchen is fitted out with quality appliances and stone bench tops, and the adjoining butlers pantry/laundry has abundant storage. Both bathrooms are modern and fresh. There are 4 double bedrooms, three with ornate fireplaces, 2 with built-ins, and the main bedroom with a walk-in robe and french doors out to the verandah.
The gardens are breath-taking and have been designed with much thought and creativity. Wander through winding paths amongst established plantings and mature trees to various "garden rooms," which include the rose garden, the hydrangea and camellia garden, and the "cloud garden" to name a few. Self sufficiency is made easy with a large hot house, orchard, enclosed vegetable gardens, chicken coupe plus land to run some cattle/sheep. Water is never a problem as there is tank, crystal clear water from the bore, plus a spring fed dam. There are various sheds on the property including a double garage plus workshop.
This is a property you can't help but fall in love with, and your family and friends will enjoy sharing with you time and again. With contemporary comfort and style, and fresh light-filled interiors, this wonderful property combines the very best of modern living combined with federation charm and peaceful surroundings.
Phone Wendy for more information or to arrange your private inspection.
Disclaimer: While Elders Real Estate Burnie has taken every care to verify the accuracy of the details in this advertisement, we cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Listing description written by Wendy Cunningham, Elders Real Estate Burnie — reproduced as published, not verified by Districts.
Nearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.