11938 Mount Lindesay Hwy, Palen Creek is a 8 bedroom, 4 bathroom House and was built in 1930. The property has a land size of 590650m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
Seldom does a property become available offering a great opportunity to have an excellent income and pursue a rural lifestyle
Extra infrastructure includes 2 spacious homes plus cottage. Land area approx. 146 acres. Property is selectively cleared, fully fenced and divided into approximately 10 paddocks all with easy access,
Water is supplied via multiple tanks, approximately 7 dams, creek frontage and equipped bore. 2 sets of working cattle yards, equipped plunged dip and spray race. 40ft shipping container, numerous sheds and stables. Mains power connected with 15 KW Solar System.
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 77 properties. Over the last 5 years, Houses in Palen Creek have seen a 66.09% increase in median value. As at 31 October 2024:
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