5 Paloona St, Lindisfarne is a 2 bedroom, 2 bathroom House with 5 parking spaces and was built in 1951. The property has a land size of 783m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in September 2016.
Nestled in a quiet waterside enclave of Lindisfarne the executive home offers captivating views of the River Derwent , the Tasman Bridge and Hobart with Mount Wellington providing a fitting back drop. The recently renovated executive home has the charm of yesteryear with the modern functionality of contemporary design.
The home offers a very practical floor plan with options to have a free flowing open plan living space or multiple separate living areas. The kitchen or the heart of the home overlooks the dining and sitting area which can be further enjoyed as the area opens out onto one of two balcony areas that can be accessed through bi fold doors to maximise the views. The main formal lounge area which can be closed off from the rest of the home boasts the original sandstone open fire place. At the rear of the living space another set of bi fold doors offers an additional living space with a sun drench conservatory that has access to the patio and landscaped rear yard,
The size of Lindisfarne is approximately 6.9 square kilometres. It has 8 parks covering nearly 25% of total area. The population of Lindisfarne in 2011 was 5,641 people. By 2016 the population was 6,187 showing a population growth of 9.7% in the area during that time. The predominant age group in Lindisfarne is 60-69 years. Households in Lindisfarne are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lindisfarne work in a professional occupation. In 2011, 76.1% of the homes in Lindisfarne were owner-occupied compared with 71.3% in 2016.
Lindisfarne has 2,838 properties. Over the last 5 years, Houses in Lindisfarne have seen a 41.55% increase in median value, while Units have seen a 26.02% increase. As at 31 October 2024:
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