Australia Fly Guide
TAS · Central

Penstock Lagoon

Imagery © Esri

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Not published

This page is staged for review and is not indexed. It carries no reviewed angling guidance, no confirmed regulations and no live conditions. Nothing on this page should be relied on before fishing.

Penstock Lagoon began life in 1916 as the storage and intake for the Waddamana power station, and when the station was decommissioned the lagoon stayed, a square kilometre and a half of shallow highland water over weed beds so rich that the mayfly hatches off them are the reason the lake is famous. Inland Fisheries Service manages it as a fly-fishing-only premium fishery, with a high minimum size and a small bag to match, and because spawning is limited here it tops up both the browns and the rainbows with regular stocking; the record on this page runs from 2010 and stands at well over a quarter of a million fish. The fishing follows the water. Early in the season, with the level high, the browns sight-fish in the shallow weedy margins of the western shore. Through spring they chase galaxias along the rocky shores and a wet fly along the rocks takes them. From November the mayfly and caddis come off the weed in numbers and the fish switch onto them for the rest of the season, with dries and dark nymphs through the hatches. And all season a team of wets from a drifting boat is productive, which is how much of Penstock is fished. It is small, shallow, full of submerged timber, and its weed beds are fragile, so the boating rules are strict and worth reading. Its level peaks in spring and holds steady through the year, and Hydro Tasmania and IFS manage it between them for the fishery rather than for power.

Water and habitat

A square kilometre and a half of shallow water on the plateau off Waddamana Road, made in 1916 as the intake for the Waddamana power station and kept as a fishery since the station closed. Weed beds over most of it, submerged timber and rocks, a shoreline that runs from weedy marsh to forested rocky bank, and a level that peaks in spring and stays fairly stable the rest of the year under Hydro Tasmania's management. The weed is the fishery: it grows the mayfly and caddis in numbers that the plateau's other waters do not match for their size, and it is fragile, which is why the boating rules are what they are. The satellite record of the lagoon's wet surface since 1987 is drawn on this page.

Fish and forage

Brown trout and rainbow trout, wild fish topped up by IFS because natural spawning is limited. The stocking timeline on this page runs from 2010 and holds around a hundred and forty thousand rainbows and a hundred and thirty thousand browns across more than a hundred and forty releases, which is a premium fishery being kept full rather than a put-and-take lake being restocked; the two-fish bag and high minimum size say the same thing.

The mayfly is the forage of the year from November on, with caddis beside it, both hatching off the weed beds. Galaxias along the rocky shores in spring, damsels through summer, and the small stuff of a weedy lagoon between hatches.

When to fish it

Early season, from the first Saturday in August, with the level high, is sight-fishing to browns in the shallow weedy margins of the western shore. Spring is wets along the rocky shores where the trout chase galaxias. From November the mayfly and caddis start and dry-fly fishing comes into play, and IFS says the fish stay on them for the rest of the season. Throughout, a team of wets from a drifting boat is productive. The lagoon closes at the start of May. On a dull, humid day in the hatch months, be here or at Arthurs; on a bright windy one, the western shore and a wet fly.

How to fish it

Early, walk the western margin and look before you cast; a small Pheasant Tail or an unweighted nymph ahead of a browsing brown. Along the rocky shores in spring, a Woolly Bugger or a small streamer stripped back to imitate a galaxias. Through the hatches, a dark mayfly nymph or a Klinkhammer as the fish bulge, and a parachute Adams or a highland dun pattern once they are taking duns on top. From a drifting boat, a team of wets on a floating or intermediate line with a damsel or a Bugger at the point, all season. A five or six weight and a long leader; the fish here have been fished for.

Access and safety

Off Waddamana Road, with the single ramp at the northern end of the western shore by the canal, a landing beside it to help launching and boarding, and signed parking a short walk from the water. A foot-access easement runs around the eastern shore ten metres above full supply level. Two designated campsites on the western shore; camping or caravanning is capped at fourteen days. Named starting points include both dam walls, Beginners Bay and Break O'Day shore.

Boating rules protect the weed beds and the boats. A marked twenty-five-metre corridor guides petrol-powered boats from the ramp end down to the Lilly Pond at the southern end; outside it, manual or electric propulsion; Beginners Bay is manual only; a five-knot limit applies over the whole lagoon and trolling is not permitted. The lagoon is shallow with submerged timber and rocks. The two inlet canals above their marked posts are closed to fishing.

Regulations

Inland Fisheries Service manages Penstock Lagoon as a fly-fishing-only premium fishery. It states a high minimum size, a small bag with a cap on larger fish within it, a season from the first Saturday in August to the start of May, and a standing closure on the two inlet canals above their posts. Trolling is not permitted and a five-knot limit applies. An inland angling licence is required.

Take the numbers and the dates from the current Tasmanian Inland Fishing Code and the IFS A to Z page for the lagoon before you fish. They move, and this page does not carry them.

When things happen

The guide's calendar for this water

When things happen

The year on this water

A guide's calendar, not a rulebook

  • Sight-fishing the western margins · Aug to Oct Early season, water high, browns in the shallow weedy margins of the western shore. Look, then cast.
  • Galaxias on the rocky shores · Sep to Nov Spring. Trout chase galaxias along the rocky shores and a wet fly or small streamer is the answer.
  • Mayfly and caddis · Nov to Apr From November the weed beds hatch mayfly and caddis in numbers, and the fish switch onto them for the rest of the season.
  • Wet-fly teams from a drifting boat · Aug to Apr Productive all season. Damsels and Woolly Buggers when nothing shows, dark mayfly nymphs and dries through the hatches.

Conditions

What the gauges say

No live gauge is bound to this water yet — read the water yourself when you arrive.

Questions anglers ask

Is it stocked?

Yes. IFS says reliable spawning is limited here, so it tops up the brown and rainbow populations with regular releases. The stocking record on this page runs from 2010 and holds around a hundred and forty thousand rainbows and a hundred and thirty thousand browns across more than a hundred and forty releases.

Is it fly only?

IFS manages Penstock as a fly-fishing-only premium fishery, with a high minimum size and a small two-tier bag that reflect it. Trolling is not permitted and a five-knot limit applies. Take the numbers from the current Code.

Where do I launch?

One ramp on the western shore at the northern end by the canal, with a landing beside it and signed parking a short walk from the water, off Waddamana Road. A marked twenty-five-metre corridor guides petrol-powered boats from the ramp end down to the Lilly Pond at the southern end; the rest is manual or electric, and Beginners Bay is manual only.

Behind this page

Stocking on record

What the authority records say

142 stocking records between 2010 and 2026. These are individual release records. The source record is not a promise that stocking continues, and not evidence of what is in the water now.

  • Rainbow Trout — 141033 fish across 22 records (2025, 2024, 2023, 2022, 2021, 2020, 2019, 2018, 2017, 2015, 2014, 2012, 2011, 2010)
  • Brown Trout — 130006 fish across 120 records (2026, 2025, 2024, 2023, 2022, 2021, 2020, 2019, 2018, 2017, 2016, 2015, 2014, 2013, 2012, 2011, 2010)

Source licence unconfirmed, so these counts are held back from public pages.

Sources

  1. 1 Geofabric v3.x — national water storages and named waterbodies, Bureau of Meteorology, Creative Commons Attribution 4.0 International, retrieved 2026-08-17.
  2. 2 Atlas of Living Australia — freshwater fish occurrence records (open licences, with coordinates), Creative Commons (open licences only: CC0, CC-BY, CC-BY 3.0 Au, CC-BY 4.0 Int, CC-BY-SA 4.0 Int), retrieved 2026-08-13.
  3. 3 Geoscience Australia — Digital Earth Australia Waterbodies v3 (wet-surface time series), Creative Commons Attribution 4.0 International, retrieved 2026-08-16.
  4. 4 Tasmania Inland Fisheries Service — stocking, waters directory and location guide pages, Inland Fisheries Service (Tasmania), retrieved 2026-08-25.
  5. 5 Inland Fisheries Service (Tasmania) stocking database, retrieved 2026-08-20.
  6. 6 Geofabric v3.x — river regions (RiverRegion), national, Bureau of Meteorology, Creative Commons Attribution 4.0 International, retrieved 2026-08-23.
  7. 7 Town Points — Geoscape Administrative Boundaries, Geoscape Australia, via the Digital Atlas of Australia, Creative Commons Attribution 4.0 International, retrieved 2026-08-24.