OFF MARKET

50 Mount Spec Road
Paluma QLD 4816

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 809m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 18 Nov 2024
Low

High
Save

Property Details for 50 Mount Spec Rd, Paluma

50 Mount Spec Rd, Paluma is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 809m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
House
Year Built
1980
Land Size
809m2
Local Government
Townsville City
Lot/Plan
307/P8363

Last Listing description (February 2023)

Located in the small village of Paluma surrounded by rainforest and national Parks is this gorgeous historic cottage. A time capsule full of charm and character this lovely home has very unique features and beautiful street appeal.
A timber and rendered fence with agapanthus garden beds either side of a central footpath lead to the gorgeous rendered faade and timber features with a delightful front porch and a split barn style front door.
The original part of the home features 2 bedrooms and open plan living area, characterised by dropdown windows with heritage patterned glass and timber shutters (screens are available to add when the windows are open ).

A later addition to the home is a second stepdown living room, bathroom with corner bath and separate laundry. A dual frontage fireplace adds warmth and ambience whilst floor to ceiling windows and sliding doors open out to a full length covered verandah overlooking the tropical garden and rainforest boundary.
If you are a person who enjoys peace and tranquillity rather than restaurants and bars for your weekend getaways and you don't mind the gorgeous mountain drive with waterfalls along the way and spectacular coastal views, then this is truly a place which will delight your senses.
Approximately 1 hour from Townsville, Paluma itself is a historic small community with a population of less than 100 homes - mostly weekenders or occupied by retirees. The community is friendly and eclectic including authors and artists. Locals call it paradise.
With an average temperature of 260 Degrees it is truly an appealing north Queensland escape. Residents have the opportunity to grow gorgeous gardens, relax at home with cosy fireplaces and enjoy local bushwalks and waterfalls. The region is also world famous for its birdlife and orchids.
I welcome the opportunity to discuss this unique property.

Property History for 50 Mount Spec Rd, Paluma, QLD 4816

A timeline of how this property has performed in the market
Last Sold
$270,000
16 Jan 2023
  • 16 Jan 2023
    Sold for $270,000
  • 17 Nov 2022
    Listed for Sale $285,000
  • 13 Mar 1986
    Sold for $33,000

Commute Calculator

About Paluma 4816

The size of Paluma is approximately 2,296.1 square kilometres. It has 4 parks covering nearly 33.9% of total area. The population of Paluma in 2011 was 294 people. By 2016 the population was 62 showing a population decline of 78.9% in the area during that time. The predominant age group in Paluma is 60-69 years. Households in Paluma are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Paluma work in a managers occupation. In 2011, 72.5% of the homes in Paluma were owner-occupied compared with 74.1% in 2016.

Paluma has 166 properties. Over the last 5 years, Houses in Paluma have seen a 55.80% increase in median value, while Units have seen a 249.04% increase. As at 31 October 2024:

  • The median value for Houses in Paluma is $299,052 while the median value for Units is $479,463.
There are currently 3 properties listed for sale, and no properties listed for rent in Paluma on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Paluma.

Suburb Insights for Paluma 4816

Market Insights
Paluma Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Paluma Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.