TAS · 7316

Penguin

Suburb profile, market snapshot and recent listings for Penguin, TAS 7316.

Penguin, TAS 7316

About Penguin

Welcome to Penguin

Penguin sits on Tasmania's North-West Coast, about 15 minutes' drive east of Ulverstone and a similar distance west of Devonport, strung along the Bass Highway with the sea on one side and rolling farmland on the other. It's a town that trades on its name shamelessly — giant penguin statues dot the main street — but underneath the novelty is a genuinely appealing small coastal community with a working foreshore, a heritage streetscape and views across the strait that locals never quite get tired of.

With a population of 4,132 and a median age of 47, Penguin is a place that suits families wanting space and a slower pace, retirees drawn to the coastal outlook, and commuters happy to trade a longer drive for a lower mortgage and a life closer to the water. It's not a suburb chasing city-style density — it's a coastal town that has kept its own identity while quietly becoming one of the more sought-after addresses on the North-West Coast.

Lifestyle & dining

Penguin's main street is the heart of daily life — a walkable strip of cafes, bakeries, an old-fashioned market on Sundays, and independent shops housed in weatherboard and brick buildings that give the town a distinct, unhurried character. The foreshore reserve, with its boardwalk, picnic areas and views out to Bass Strait, is where a lot of the socialising happens, especially in the warmer months when the town's population swells with visitors passing through on the coastal drive between Ulverstone and Devonport.

It's a low-key lifestyle by design: fish and chips by the water, a coffee at a local cafe, a wander past the murals and penguin statues that have become the town's calling card. For anything more, Ulverstone and Devonport are both a short drive away with fuller retail and dining options.

Shopping

Everyday shopping is well covered locally, with a supermarket and a cluster of specialty stores, pharmacies and cafes along the main strip. For bigger shopping trips, residents typically head to Ulverstone or Devonport, both within easy reach, which offer larger retail centres, major supermarkets and homewares and department stores that a town of Penguin's size doesn't need to duplicate.

Getting around

The Bass Highway runs straight through Penguin, making it a straightforward drive to Ulverstone in one direction and Devonport, with its airport and Bass Strait ferry terminal, in the other. Coastal bus services connect Penguin to both towns for those without a car, and the town itself is compact and flat enough in parts to get around on foot, particularly along the foreshore and main street.

Neighbouring localities like Preservation Bay and West Ulverstone are only minutes away, and the layout of the coast means most day-to-day errands, school runs and commutes stay within a short, predictable drive.

Schools & families

Families in Penguin have solid local options, including Penguin District School and North West Christian School, both giving residents the ability to keep schooling close to home rather than commuting further afield. The town's slower pace, foreshore parks and sense of community are also part of the appeal for young families and those relocating from busier parts of the state.

Parks & recreation

The foreshore reserve is Penguin's standout outdoor asset — a stretch of parkland, walking paths and beach access that doubles as the town's social hub and its main drawcard for visitors. Beyond that, the surrounding hinterland offers walking tracks and lookouts, while the coastal setting means swimming, fishing and beach walks are all part of everyday life rather than special occasions.

The property market

Penguin's property market reflects its appeal as a coastal town within commuting distance of larger centres. The median house price currently sits at $610,000, having grown 8.9% recently, a sign of steady demand for a location that offers water views and a relaxed lifestyle without Hobart or Launceston prices. Median rent is $475 a week, reasonable for a coastal position on the North-West Coast.

Listings are dominated by houses, which make up around 70% of current stock, with land making up 26% and a small remainder of townhouses and apartments — underlining that this is very much a house-and-land market rather than one built around medium or high-density living. That mix suits the buyer profile: families and downsizers after standalone homes with room to move, rather than lock-up-and-leave apartments.

Market snapshot

Penguin property market

Median price ranks #3,077 of 3,797 suburbs · pricier than 19%
Bedrooms

Median sale price

$610k

House · 3 bed

Median rent

$475

per week

Gross rental yield

4.0%

annual rent ÷ sale price

Typical price range

Entry

$485k

Median

$610k

Premium

$911k

Days on market

38

Auction clearance

0%

Sold this year

47

Median sold price trend · House 3 bed

Compound growth +8.0% / yr over 4 yrs

Median price by bedrooms · House

Property types on market

Share of current listings in Penguin by dwelling type.

House70%
Land26%
Townhouse3%
Apartment / Unit2%

Who lives here

Demographics

ABS Census 2021 figures for Penguin, TAS 7316.

Population

4,132

residents (2021)

Median age

47

years

Household income

$1,301

median, per week

Median rent

$260

per week

Median mortgage

$1,300

per month

Mortgage / income

23%

comfortable

Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.

Education

Schools in Penguin

Government school catchment

Penguin District School

K-12CoEdGovernment
Visit school website →

Independent & Catholic schools

North West Christian School

Prep-12CoEdPrivate
Visit school website →

Recent results

Recently sold in Penguin

$600k

79 Deviation Road

house4 bd · 2 ba · 2 car

Sold ~July 2026

$570k

4 & 5/143 South Road

house3 bd · 2 ba · 1 car

Sold ~July 2026

$477k

2 Sunnyridge Avenue

house2 bd · 1 ba

Sold ~July 2026

$595k

6 South Road

house3 bd · 1 ba · 5 car

Sold ~July 2026

$510k

4 Fielding Street

house3 bd · 1 ba · 1 car

Sold ~July 2026

$895k

22 Peppermint Drive

house5 bd · 1 ba · 4 car

Sold ~June 2026

$620k

120 Ironcliffe Rd

house3 bd · 9 car

Sold ~June 2026

Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.

Explore the area

Properties & amenities in Penguin

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Compare the area

Price map around Penguin

Every listing for sale near Penguin, coloured by price — so you can see how it stacks up against the streets and suburbs next door.

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PenguinNearby suburbs

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Common questions

Penguin suburb FAQ

What is the median property price in Penguin?

The median house price in Penguin, TAS is $610k for a 3-bedroom home. Over the past year, median sold prices have risen about 8.9%.

How much is rent in Penguin?

The median weekly rent in Penguin is around $475 per week.

Is Penguin a good place to live?

Penguin is a town on the north coast of Tasmania, Australia. Penguin is an established residential suburb in TAS, with a population of around 4,132 and 2 schools in the area.

What is the population of Penguin?

Penguin has a population of 4,132 (ABS 2021 Census), with a median age of 47.

What schools are in Penguin?

There are 2 schools in or near Penguin, including North West Christian School and Penguin District School.

How long do homes take to sell in Penguin?

Properties in Penguin take around 38 days to sell on average, with an auction clearance rate of about 0%.

How much do you need to buy in Penguin?

Entry-level properties in Penguin start around $485k, while premium homes reach $911k.

What suburbs are near Penguin?

Suburbs near Penguin include Preservation Bay and West Ulverstone.

Available now

Properties in Penguin

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For Sale
$360,000
land

LOCATION LOCATION LOCATION

1a Main Road, Penguin TAS 7316
2988 m²
LJ Hooker Devonport3 months ago
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For Sale
$350,000
land

Over 3 Acres with Town Services

Lot 1 White Hills Road, Penguin TAS 7316
1.21 ha
Harcourts Ulverstone & Penguin3 months ago
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For Sale
$550,000
house

Crisp. Clean. Contemporary.

30 Hales Street, Penguin TAS 7316
311669 m²
One Agency Collins Real Estate1 month ago
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For Sale
UNDER CONTRACT IN 26 DAYS
land

Bushland, Views, The Perfect Place To Build!

31 Southwood Avenue, Penguin TAS 7316
1051 m²
One Agency Burnie1 month ago
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For Sale
$950,000
house

Sought After Lifestyle Opportunity in Penguin

6A King Edward Street, Penguin TAS 7316
545950 m²
Ulverstone Real Estate3 months ago
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For Sale
$625,000
house

DOUBLE THE FLEXIBILITY, DOUBLE THE APPEAL

80 Mission Hill Road, Penguin TAS 7316
322987 m²
McGrath Devonport1 week ago
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For Sale
$395,000
land

Prime Coastal Land in the Heart of Penguin!

22 King Edward Street, Penguin TAS 7316
1882 m²
Harcourts Ulverstone & Penguin3 months ago
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For Sale
$879,000
house

Spacious Family Living with Incredible Shed Space!

52 Berkshire Parade, Penguin TAS 7316
4251725 m²
Harcourts Ulverstone & Penguin1 month ago
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For Sale
$900,000
land

STUNNING RURAL LIVING BLOCK

12 Preservation Drive, Penguin TAS 7316
4.45 ha
Harcourts Ulverstone & Penguin3 months ago
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For Sale
$695,000
house

Beach, Views & a Village Vibe - Hampson Street Living

8 Hampson Street, Penguin TAS 7316
311647 m²
Harcourts Ulverstone & Penguin3 months ago
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For Sale
$950,000
house

Spacious Family Home: Beautifully Modern And Private!

1 Lyndara Drive, Penguin TAS 7316
4221681 m²
One Agency Burnie3 months ago
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For Sale
$720,000
house

A Rare Dual Opportunity In Penguin

26A Dial Road, Penguin TAS 7316
424690 m²
Harcourts Ulverstone & Penguin3 months ago
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