Thinking about buying in Penna? Now could not be a better time, with just 232 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $616,000 with prices in this suburb ranging from $32,000 to $1,893,000. Penna is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
Household Makeup
| Median Weekly Rent | $450.00 |
| Median Monthly Mortgage | $1564.00 |
| Median Persons Per Bedroom | 0.80 |
| Average Household Size | 3.00 |
| Average Age | 34.00 |
| Average Income | $951.00 |
| Average Cars Per Dwelling | 1.89 |
| Average Properties Within 50M | 5 |
Housing Stock
Average Property Prices
| 2 Bed $485,000 |
| 3 Bed $250,000 |
| 4 Bed $1,028,000 |
Penna Real Estate Market Outlook
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Penna due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Penna classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Penna requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Houses for sale Penna
|
646 SHARK POINT RD, PENNA, TAS, 7171 |  4 |
 3 |
 10 |
Offers over $1.275 Million |
|
579 SHARK POINT RD, PENNA, TAS, 7171 | 3 |
3 |
3 |
1250000 |
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Penna there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Penna weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.0 | 13.0 | 23.7 | 36.6 | 81.5 | 5.3 | 23.7 |
| Feb | 1.0 | 12.5 | 22.7 | 41.4 | 84.3 | 4.8 | 19.1 |
| Mar | 1.1 | 11.3 | 21.5 | 42.2 | 85.4 | 4.5 | 14.4 |
| Apr | 1 | 9.2 | 18.7 | 43.5 | 85.6 | 4.5 | 10.3 |
| May | 1.2 | 6.9 | 15.6 | 49.0 | 87.2 | 4.4 | 6.9 |
| Jun | 1.6 | 5.2 | 13.4 | 56.2 | 89.2 | 4.1 | 5.6 |
| Jul | 1.0 | 4.5 | 13.1 | 51.7 | 87.7 | 4.5 | 6.1 |
| Aug | 1.5 | 4.9 | 13.8 | 48.2 | 86.5 | 4.9 | 8.6 |
| Sept | 1.2 | 6.6 | 16.1 | 42.8 | 84.6 | 5.0 | 12.9 |
| Oct | 1.3 | 8.0 | 18.0 | 41.2 | 84.3 | 5.0 | 18.4 |
| Nov | 1.5 | 10.0 | 19.8 | 40.9 | 84.4 | 5.2 | 21.3 |
| Dec | 1.5 | 11.5 | 21.8 | 39.0 | 82.1 | 5.3 | 24.2 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Peppermint Bay Cruises - Greater then 10KM
MONA ferry - Greater then 10KM
Hobart City (Brooke St) Ferry Terminal - Greater then 10KM
Bellerive Village Ferry Terminal - Greater then 10KM
Tasmanian Transport Museum - Greater then 10KM
Hobart Cruise Ship Terminal - Greater then 10KM
General Points of Interest
Pittwater Golf Course - Less than 5 KM
Richmond Bridge - Less than 10 KM
Coles Plaza - Less than 10 KM
Revolution Paintball - Less than 10 KM
Amaze Richmond - Less than 10 KM
Pembroke Park Sports Arena - Less than 5 KM
Royal Hobart Golf Course - Less than 10 KM
Cambridge Park - Less than 10 KM
Llanherne Golf Course - Less than 10 KM
Tasmania Golf Club - Less than 10 KM
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