Question 1

Is Penna a nice place to live?

Accepted Answer

Penna is a semi-rural suburb on the outskirts of Sorell that gives a country-style lifestyle within commuting reach of Hobart. Properties tend to be on generous lots, with hobby farms and pockets of native bush, so many homes have a rural outlook while still being close to Sorell’s shops and services. Streets are quiet and low-density, and local roads provide straightforward access to nearby coastal reserves, walking tracks and the facilities of the Sorell township, which suits people who want space for vehicles, boats or home-based projects.

It is a small community of 437 people with a median age of 49 and a median household income of $1,666 a week. The suburb is strongly family-oriented and overwhelmingly owner-occupied (90.6% owner-occupied, 9.4% renting). There is ongoing local infrastructure work and community projects, including expansion of the recycled water reuse scheme, road upgrades with new footpaths, foreshore restoration and proposals to improve foreshore access and community facilities.

Question 2

Is it expensive to live in Penna?

Accepted Answer

There haven't been enough recent sales or rentals in Penna to publish reliable house and unit prices or rents. Without those figures, there isn't a clear picture of how expensive it is to live in Penna compared with local household incomes recorded at the most recent Census.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Penna a good place to invest?

Accepted Answer

There haven't been enough recent property sales in Penna (TAS 7171) to publish reliable figures on how house and unit values and rents changed over the past year. Without that information, there isn't a clear picture of how the suburb has performed as an investment recently.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

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Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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