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 11.8%, with a median house buy price of $665,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$545,000
$612,500
$780,000
$665,000
Suburb Market Profile
Last month Penguin had 8 properties available for rent and 39 properties for sale. Median property prices over the last year range from $665,000 for houses to $493,500 for units. If you are looking for an investment property, consider houses in Penguin rent out for $460 PW with an annual rental yield of 4.2% and units rent for $380 PW with a rental yield of 4.3%. Penguin has seen an annual compound growth rate of 11.8% for houses and -4.3% for units.