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 › Peppermint Dr
$850,000
Last sold
9 Apr 2026
5
Bedrooms
1
Bathrooms
2
Car spaces
25,300 m²
Land
180 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
$850,000
9 Apr 2026 · derived via latest_sale
Local land rate: recorded House sales in Penguin (last 5 years) with land size have a median of $716/m² of land (n=126). 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.
Vs Penguin
+35.2%
Median sale
Suburb $628,750
-1.02 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 Sushames Real EstateUnder Contract - pending settlement - Set on a residential allotment 2.536 hectares on the fringe of Penguin in the lee of the Dial Ranges this is a property that offers an alternative to your more routine urban dwelling offerings. It is in brief walking distance from Penguin Golf Club, Penguin Mountain Bike Park, Schooling, Athletics Park and Sports Complex. The home offers spacious open plan living in a native bush and parkland setting combined with produce bearing gardens all encompassed on a rare six and a quarter acre plot. While not on the radar a residential title within town boundaries of this size does potentially have planning options in the future - or preserve the uniqueness of the location among diminishing opportunities of this nature.
The home is a rambling brick veneer (circa 1985) four-five bedroom, single bathroom, twin toilet. Living space is not an issue with open plan kitchen, dining, lounge and sitting room all with northerly aspect looking out into the gardens and capturing the sun throughout the cooler seasons when the trajectory is lower and protected at the height of summer. The home features four or five bedrooms depending on the family use, with one of the two master bedroom options originally having been designed-intended as a second lounge area with bay windows to enhance the garden views; it also features a screened open fire place. The smallest of the bedrooms is a single, ideal as a nursery but could also be converted to a walk in robe or an ensuite if desired.
The home features a free-standing wood heater in the living area as the main heating source during cooler months, with a second screened open fire in the alternate lounge/bedroom option. The property is on town water, but also has secondary rainwater tank as back up and garden use. The home also features solar panel array for energy efficiency cost savings. Also featuring on the property is a versatile studio with plumbing, WC, barrel wood heater, single and three phase power. It was originally used as a residence wile the main home was being built, 3 phase was installed for use with a kiln making it very versatile for craft or workshop. Either side of the studio are twin carport, a wood store-utility bay and a potting-garden shed for the green thumb. The rear of the studio also features handy external storage lockers for garden implement and general storage.
The eastern boundary is with Crown land, so no one can encroach further than existing neighbours unless the property itself is developed. The grounds are a mix of bushland and scrub in a managed native environment that the vendors maintain to keep ground litter to a minimum, the bushlands transition to native grass lawns, once again managed to keep neat, although the native fauna do a good job of keeping them nipped short. In the midst of the garden is the produce bearing areas which feature netted gardens, hot house and shade house areas protection and seasons. Areas around the residence are fenced for garden protection, however only one boundary line is fenced (although the boundaries are marked) with most of the surrounding properties preferring to keep a sense of openness rather than being hemmed in.
In the garden you will find a myriad of produce bearing trees, plants, vines and bushes, they include various species of Lemons, Limes, Oranges, Pears including Nashi pears, Apples and Grapes.
Also in the garden:- Figs, Passion fruit, Lychees, Nectarines, Pomegranate, Cherries, Persimmons, Kiwi fruit, Raspberries, Loganberries, Silverine berries, Blueberries, Blackberries, Grapefruit, Quince, Rhubarb – Vegetables including Corn, Potatoes, Tomatoes, Salad leaf mix, Cauliflower, Broccolini, Spinach, Lettuces and Asparagus
There are also the following trees, Macadamia, Hazelnut and Bay leaf.
This property is one that has room for a new owner to put their own stamp on and still remain a hidden Oasis with complete privacy. The gardens provide more than enough fresh produce but can be managed to yield as much or as little as desired but certainly provides scope for development. It is a property that makes you realise that not everyone is chasing the expansive views, some prefer a quiet place with convenient options, but just not shared with everyone else. It enjoys an elevated position above the township of Penguin in a sheltered setting from prevailing weather patterns. It offers seclusion and privacy, and yet is simply a convenient walk or drive to many leisure and recreation facilities, or just a short commute of two kilometres to town centre, beach and café’s.
Penguin is a highly desired township with beautiful beaches just 2km down the hill from the property, the beauty of the North West Coast is the options with further townships either side just a few minute commute with stunning coastal and rural views between with only a few minutes between from Burnie to Wynyard, or Ulverstone to Devonport to Latrobe and Deloraine, even Launceston is little more than an hour and a quarter depending on driving conditions. If you are looking for convenience, space, privacy and options all nestled in one package then 22 Peppermint Drive may just be for you.
Sushames Real Estate trusts in the information in this document which has been sourced from means which are considered reliable. Prospective purchasers are recommended to carry out their own due diligence regarding permits, measurements, and boundary positions prior to settlement.
Listing description written by Neil Colbeck, Sushames Real Estate — 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.
Inspections are strictly by appointment with agent only.
Please contact Neil on 0429 331 664 for further information or to schedule an appointment to view.