Back Lot 1 Leatherwood Drive
Off Market

Lot 1 Leatherwood Drive

Penguin TAS 7316

5 ac.
Other

Overview

If you've ever dreamed of building your ideal home in the charming and tightly held town of Penguin, this is the opportunity you've been waiting for. Set on approximately 5 acres, this rare parcel of land offers the perfect blend of space, serenity, and convenience. The hard work has already been done - the land is cleared, with house plans approved and available to purchase with the block. Services are accessible to the site, making it easy for the next owner to take the next step. Enjoy an ideal northerly aspect on a gently sloping block that soaks up all-day sun. Surrounded by established trees and peaceful bushland, it's a tranquil setting just 500 metres from local schools, and only a short drive to Penguin's town centre and beautiful beaches. Positioned near the highly regarded Dial Regional Sports Complex - with golf, bowls, football, athletics, and basketball facilities all nearby - this location delivers lifestyle in spades. Opportunities like this don't come up often. Secure your slice of Pengui

Features

5 ac. lot size
Other

Estimated Value

Based on this property and similar other properties sold in Penguin over the last 12 months, the estimated median property value of Lot 1 Leatherwood Drive is $246k.

Median value
$246k
Estimated value range
$152k - $795k
Median days on market
135
Estimated value trend
56%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Penguin. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for Lot 1 Leatherwood Drive

2025
Sold
Undisclosed
Private Sale/Treaty on 17 Dec 2025
2023
Sold
$310,000
08 Aug 2023 by Fred Guilbert, of Roberts Real Estate Ulverstone

Happy sellers in Penguin

78%
78% of sellers in Penguin reported that their sale price either exceeded or met their price expectations.

Penguin stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 40 reviews in Penguin over the last 12 months.

Local market activity for other properties in Penguin

In the last 12 months, 6 other properties similar to Lot 1 Leatherwood Drive, have been sold.

This represents a 13% increase in other properties sales when compared to the previous 12 months.

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