10820 Mount Lindesay HighwayPalen Creek QLD 4287
Property Details for 10820 Mount Lindesay Hwy, Palen Creek
Last Listing description (August 2020)
First time on the market since 1987 this 90 acre property has become available.
The property is situated in the beautiful Scenic Rim ranges and has 45 acres of cultivation with the balance of the land ranging from flats to undulating. The property is bounded by Palen Creek and also has a bore which pumps 12000gal ph. The bore pumps into turkeys nest and then irrigated through the underground mains to the cultivations which are planted with lucerne and rye grass. There is a hay shed which stores 70000 bales plus a 48 x 36ft shed with single phase power and concrete floor. Also on the property is smaller machinery shed 14 x 48ft for the equipment. A good set of cattle yards with loading ramp, cattle crush and spray race holds 100 head comfortably.
At the rear of the property there is a separate 5 acres across the creek with a paddock that has been under cultivation and a good stand of trees comprising spotted gum and iron bark timber, for any of those jobs where you need to fix a fence.
This property is only 5 minutes south of Rathdowney.
Property History for 10820 Mount Lindesay Hwy, Palen Creek, QLD 4287
- 28 Sep 2013Listed for Sale $1,100,000
- 13 Apr 1987Sold for $175,000
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About Palen Creek 4287
The size of Palen Creek is approximately 100.9 square kilometres. It has 3 parks covering nearly 35.1% of total area. The population of Palen Creek in 2011 was 220 people. By 2016 the population was 269 showing a population growth of 22.3% in the area during that time. The predominant age group in Palen Creek is 30-39 years. Households in Palen Creek are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Palen Creek work in a managers occupation. In 2011, 74.2% of the homes in Palen Creek were owner-occupied compared with 59% in 2016..
Palen Creek has 78 properties. Over the last 5 years, Houses in Palen Creek have seen a 75.34% increase in median value. As at 31 July 2024:
- The median value for Houses in Palen Creek is $727,539 while the median value for Units is $376,836.
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