OFF MARKET

590 North East River Road
Palana TAS 7255

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 70m2
Land area: 408500m2
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Last updated 16 Dec 2024
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Property Details for 590 North East River Rd, Palana

590 North East River Rd, Palana is a 1 bedroom, 1 bathroom House and was built in 2009. The property has a land size of 408500m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in April 2016.

Building Type
House
Year Built
2009
Floor Size
70m2
Land Size
408500m2
Local Government
Flinders
Lot/Plan
5/140151

Last Listing description (May 2016)

Here is a great opportunity to secure this 40.85 hectare (100 acre) house and land near the unique North East River estuary, which is acknowledged as one of the finest fishing areas in the Furneaux Group. Outstanding views from the property look across the North East River towards the east coast of Flinders and distant islands, plus the land itself provides plenty of room for recreation and consists of healthy stands of eucalypts and other native vegetation. The well built and insulated home is fairly new and is basically open plan, with combined lounge/dining/kitchen and bedroom plus a separate laundry and bathroom. A large deck on 3 sides is perfect for outdoor relaxing. So close to some of the finest fishing, swimming and surfing spots you will find on Flinders and yet only approximately 45 minutes drive to town.
Got to go, think I have a bite!
- Abundant wildlife

- 3 acres cleared around the house

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Property History for 590 North East River Rd, Palana, TAS 7255

A timeline of how this property has performed in the market
Last Sold
$210,000
08 Apr 2016
  • 08 Apr 2016
    Sold for $210,000
  • 29 Jan 2016
    Listed for Sale $217,000
  • 08 Oct 2004
    Sold for $50,000

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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.

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