On the market for the first time, this humble home of approx. 70 years sits on a 1,199m2 block with panoramic views of the hills and escarpments.
Ready for a makeover, the home has three bedrooms, separate lounge and spacious dining/kitchen combined. Plenty of sheds, greenhouse and only minutes from an amazing waterfall and swimming hole. Party line spring water services the whole community. Only 5 minutes from the hub of Main Arm village with its iconic General Store and 10 mins from the vibrant little township of Mullumbimby with its cafes and quaint shops.
The size of Palmwoods is approximately 3.9 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Palmwoods in 2011 was 554 people. By 2016 the population was 108 showing a population decline of 80.5% in the area during that time. The predominant age group in Palmwoods is 0-9 years. Households in Palmwoods are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Palmwoods work in a professional occupation. In 2011, 65.7% of the homes in Palmwoods were owner-occupied compared with 50% in 2016.
Palmwoods has 25 properties. Over the last 5 years, Houses in Palmwoods have seen a 34.73% increase in median value. As at 31 October 2024:
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