PENGUIN 7316
State: TASPosiProp AI Investment Summary
PENGUIN (TAS 7316) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.2% and has experienced a 12-month capital growth of Up 13.4%, with a median house buy price of $676,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$497,500
$626,000
$725,000
$676,000
Suburb Market Profile
Last month Penguin had 5 properties available for rent and 25 properties for sale. Median property prices over the last year range from $676,000 for houses to $543,500 for units. If you are looking for an investment property, consider houses in Penguin rent out for $490 PW with an annual rental yield of 4.2% and units rent for $390 PW with a rental yield of 4.5%. Penguin has seen an annual compound growth rate of 13.4% for houses and 7.6% for units.
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