OFF MARKET

4596 Palana Road
Palana TAS 7255

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 99340m2
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Property Details for 4596 Palana Rd, Palana

Building Type
Land
Land Size
99340m2
Local Government
Flinders
Lot/Plan
1/115624

Last Listing description (September 2021)

This lovely Palana Property is now up for grabs and is just a two minute drive to stunning Palana Beach. This picturesque block of land has a lot to offer. It's a very pretty block, well maintained with good boundary fencing, a creek running through, good pasture base and that's not all. It is 24.5 acres in total (9.93 ha) and improvements include a huge 240sq meter lockable colourbond shed, an enclosed veggie garden/orchard, water tanks and water troughs. The shed was constructed in 2010 and the slab was engineered to a very high standard. Store your boat, store your cars, store your jet skis, kyaks or even your heavy machinery! The slab is engineered to suit. With power already running in from Palana Rd and connected to the shed for lighting, this property could be an idyllic investment to go on with and build your dream home (STCA). Palana beach and the boat ramp are in close proximity and it's only a 40 minute drive to the main township of Whitemark. Flinders Island is approximately a half hour flight from Launceston and an hour from Melbourne and Palana Beach is stunning as you will see in the final two photos! Please call Michelle Hirchfield on Flinders Island for further information

Property History for 4596 Palana Rd, Palana, TAS 7255

A timeline of how this property has performed in the market
Last Sold
$45,000
19 Mar 2018
  • 13 Jan 2021
    Listed for Sale $350,000
  • 19 Mar 2018
    Sold for $45,000
  • 16 Aug 2008
    Sold for $83,000
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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 60 properties. Over the last 5 years, Houses in Palana have seen a 258.48% increase in median value. As at 30 November 2024:

  • The median value for Houses in Palana is $389,914.
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.