OFF MARKET

3/3 North East River Road
Palana TAS 7255

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 526902m2
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Last updated 4 Nov 2024
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Property Details for 3/3 North East River Rd, Palana

3/3 North East River Rd, Palana is a 0 bedroom, 0 bathroom House. The property has a land size of 526902m2.

Building Type
House
Land Size
526902m2
Local Government
Flinders

Last Listing description (January 2024)

An absolute natural bush block wonderland is now available on Flinders Island in the North East River region comprising a land area of approx. 52.71 hectares. (130.2 acres)

The block boasts approx. 486 metres of frontage along the North East River Estuary and nature enthusiasts will undoubtedly be inspired to explore and marvel at the abundant flora and fauna there. The estuary scenery is delightful, wonderfully biodiverse and well preserved and has attractive stands of native trees, grass trees, acacias and eucalypts.

The western boundary is cleared and drivable stretching approx. 1.9km from the main road to the waterfront and approx. 11 acres of the title sits on the more elevated northern side of the road. The title is zoned Landscape Conservation where construction of a dwelling is an allowable use STCA.

For those lovers of the outdoors and water recreation, the North East River area provides for one of the finest fishing spots on Flinders Island. The property is located approx. 5km downstream from the mouth of the river where catches of Australian Salmon, Flathead, Flounder, Oysters and Prawns are common.
There's plenty of spots to launch a tinny, a kayak, have a picnic with the family or go beachcombing.
As can be seen in the last few photos, the beach scenery is stunning and right on your doorstep.
(Please note-Final photos are approx. 5 min drive from the block)
Contact Michelle Hirchfield on Flinders Island to arrange an inspection.

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Property History for 3/3 North East River Rd, Palana, TAS 7255

A timeline of how this property has performed in the market
  • 15 Sep 2023
    Listed for Sale $195,000

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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.

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