The size of Palarang is approximately 92.5 square kilometres. It has 3 parks. The population of Palarang in 2011 was 212 people. By 2016 the population was 54 showing a population decline of 74.5% in the area during that time. The predominant age group in Palarang is 10-19 years. Households in Palarang are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Palarang work in a managers occupation. In 2011, 80.7% of the homes in Palarang were owner-occupied compared with 81.8% in 2016..
Palarang has 14 properties. As at 31 October 2024:
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