414 Penguin Road
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About this property
Set within the sought after Three Sisters Island Reserve area, this unique lifestyle property offers space, privacy and breathtaking coastal living on a generous 3,789m² block. Enjoy stunning ocean and island views with direct waterfront access, where nature is truly on your doorstep and yes, even penguins make regular appearances. The home features three comfortable bedrooms, a central bathroom and a large sun filled lounge room perfect for relaxing or entertaining while soaking in the outlook. Outdoors, the property is exceptionally well equipped: • Seven well established freshwater tanks ensuring ample water supply • Expansive workshop complete with dust extraction system and air compressor • Large shed providing excellent storage options • Four secure lock up car spaces, with room to expand further • For those seeking flexibility, a separate two room office/studio offers the ideal space for working from home, creative pursuits, or perhaps guest accommodation. The grounds include an enclosed vegetable garden and a selection of fruit trees, perfect for sustainable living. Whether you're looking for a coastal escape, a productive hobby property or a home with room to grow, this rare offering combines lifestyle, practicality and natural beauty. Disclaimer: While Harcourts Ulverstone & Penguin has taken every care to verify the accuracy of the details in this advertisement, we cannot guarantee its correctness. Prospective buyers need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Property Details
- Property Type
- house
- Listing Type
- Sold
- Bedrooms
- 3
- Bathrooms
- 1
- Parking
- 5
- Land Area
- 3789 m²
- Listed
- 2 months ago
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Neighbourhood
Living in West Ulverstone
This 3-bedroom house in West Ulverstone, TAS 7315 sits within reach of public transport, and nearby schools. It is listed 111% above the $570,000 median of 63 comparable houseswithin 5 km.
Schools near West Ulverstone
- West Ulverstone Primary Schoolprimary · K-6 · CoEd
What's nearby
- 64 Amy Street (bus) — 2.9 km away
West Ulverstone at a glance
Full suburb profile- Population
- 4,515
- Median age
- 48
- Household income
- $1,059/wk
- Median rent
- $240/wk
- Median mortgage
- $1,213/mo
Source: ABS Census.
Due diligence
Property Report
Future Development
West Ulverstone, as part of the greater Ulverstone locality, is experiencing modest development activity focused on residential infill, local retail revitalisation, and regional active transport infrastructure. Development intensity is low to moderate, reflecting the small-town character and regional population growth patterns of the Central Coast region. Council priorities emphasise town centre activation and connectivity improvements rather than large-scale greenfield expansion.
Nearby projects
4
Closest
0.5 km
West Ulverstone Residential Infill
Distance from this property is exact (rings = km). Direction is illustrative.
West Ulverstone Residential Infill
0.5 kmSmall-scale residential lot divisions and infill housing development on available land parcels within West Ulverstone boundaries.
Local Residential Infill DAs
1 kmScattered incremental residential approvals typical of small regional Tasmanian towns with moderate population growth.
Ulverstone Town Centre Revitalisation
2 kmCouncil-led streetscape and retail precinct upgrade targeting Ulverstone CBD with improved pedestrian access and public space activation.
2025-2026
Penguin to Ulverstone Shared Path Extension
3 kmRegional active transport corridor connecting coastal settlements with improved pedestrian and cycling facilities.
2024-2025
Suburb market
Suburb price trend
West Ulverstone price trend
Median sold · House 3 bed
Compound growth +9.2% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full West Ulverstone marketThis listing
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Listing price changes & sale
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Compare with similar properties
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