4747 Palana Rd, Palana is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1984. The property has a land size of 2485m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in September 2018.
A credit to the Owners, neat as a new pin and ready to move straight in. Set on the top side of the road to take best advantage of the amazing ocean and island views, this 2 bedroom, low maintenance home is just a 5 minute stroll to beautiful Palana Beach and a short drive to the boat ramp. An open plan kitchen/dining/lounge, opening on to a decked area fronts the home, whilst the 2 bedrooms with built-in-robes, a laundry, WC and bathroom complete the inside. Other fixed improvements include a double garage with plenty of room to house the boat and car, plus ample fresh water tanks. The home has just been painted externally and has solar panels connected to the grid to save on power bills. This property will not disappoint on inspection and would be well suited to either a permanent residence or holiday home.
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:
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