OFF MARKET

160 Edens Road
Palana TAS 7255

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 221m2
Land area: 254500m2
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Property Details for 160 Edens Rd, Palana

160 Edens Rd, Palana is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1983. The property has a land size of 254500m2 and floor size of 221m2. While the property is not currently for sale or for rent, it was last sold in February 2017.

Building Type
House
Year Built
1983
Floor Size
221m2
Land Size
254500m2
Local Government
Flinders
Lot/Plan
1/40023

Last Listing description (June 2017)

The landmark property, 'The Sheiling', is set on 25.45 hectares (62.88 acres) and includes the character homestead which is believed to have been built in the early 1900's. Fixed improvements are in good condition, with the home, which sleeps up to 12 featuring 3 bedrooms plus study, 2 bathrooms, bunk-room (with billiard table), lounge, dining, large kitchen and laundry. A substantial equipment shed (3 sliding door opening) and two other sheds complete the fixed improvements. For the pilot, there is a landing strip of 850 metres. The property is large enough to run a few sheep or horses if desired. Offered for sale fully furnished, the house is fitted with a gas stove and hot water system, dishwasher and all kitchen equipment, washing machine and dryer plus linen. All that is required is food to store in the two refrigerators and one freezer. The property is set in a private location and is well protected from the prevailing winds, with an attractive garden. Excellent boating, fishing and swimming spots can be found a short drive from the property at Palana and the North East River. Current owners are Melbourne residents, who fly over Wilsons Promontory, Hogan Island and Deal Island to Palana. This unique property has so much to offer and inspection will delight.

Property History for 160 Edens Rd, Palana, TAS 7255

A timeline of how this property has performed in the market
Last Sold
$440,000
10 Feb 2017
  • 10 Feb 2017
    Sold for $440,000
  • 02 Jun 2016
    Listed for Sale Offers Over $450,000
  • 24 Jul 1995
    Sold for $120,000
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About Palana 7255

The size of Palana is approximately 45.9 square kilometres. It has 2 parks covering nearly 6.5% of total area. The population of Palana in 2011 was 447 people. By 2016 the population was 13 showing a population decline of 97.1% in the area during that time. The predominant age group in Palana is 70-79 years. Households in Palana are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Palana work in a trades occupation. In 2006, 20.3% of the homes in Palana were owner-occupied compared with 71.5% in 2011..

Palana has 59 properties. Over the last 5 years, Houses in Palana have seen a 251.08% increase in median value. As at 31 October 2024:

  • The median value for Houses in Palana is $843,891.
There are currently 1 property listed for sale, and no properties listed for rent in Palana on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Palana.

Suburb Insights for Palana 7255

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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.