Penguin is a delightful seaside village on Tasmania's north-west coast, famous for its giant penguin landmark and strong community spirit. Its highly affordable housing and relaxed lifestyle are attracting a growing wave of retirees and remote workers, creating upward price pressure in a previously overlooked market. At the current $360k median house price, an 80% loan at 6.25% over 30 years is about $1,773 per month.
| Median house price | $360,000 |
|---|---|
| Median unit price | $222,000 |
| Estimated monthly repayment | $1,773 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 5.2% |
| Gross rental yield | 6.5% |
| Typical days on market | 35 |
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