SOLD
RECENT ADVICE
Sold on 22 Jul 2024 for $220,000

North East River Road
Palana TAS 7255

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 100100m2
Improve this data
Sold By
Nutrien Harcourts Flinders Island
Share
Save

Property Details for Lot 1 North East River Rd, Palana

Building Type
Rural
Land Size
100100m2
Local Government
Flinders

Last Listing description (November 2024)

Lot 1 is located on North East River Road, Palana at the northern end of Flinders Island in north east Bass Strait. This bush block contains a land area of 61.5 hectares (151.96 acres approx.) and is situated at the entrance to the scenic North East River area. It enjoys a frontage of approx. 500 metres to the North East River Estuary and elevates from there to around 60 metres above sea level. This elevation lends to many potential house sites (STCA) that will enjoy spectacular views of surrounding coastal areas including the Patriarchs, Babel Island and the Outer Sister Island.
The North East River area is acknowledged as one of the finest fishing spots in the Furneaux Group with Australian salmon, flathead, flounder and prawns available.
Attractive stands of native vegetation and abundant wildlife ensures that this property is a nature lovers paradise.

This property is situated in a well sought-after area and represents exceptional value for money, this is an opportunity not to be missed.
Don't let this chance slip away. Contact us today and come see for yourself what a paradise Flinders Island is.

Please note: not all photos are taken of or from the property.

Show More

Property History for Lot 1 North East River Rd, Palana, TAS 7255

A timeline of how this property has performed in the market
Last Sold
$220,000
22 Jul 2024
  • 22 Jul 2024
    Sold for $220,000
  • 01 Jul 2024
    Listed for Sale $220,000
  • 14 Aug 2023
    Sold for $150,000

Commute Calculator

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.

Palana Profile Page

Suburb Insights for Palana 7255

Visit Palana profile page
Market Insights
Palana Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Palana Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Palana profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X
HomeContact usPrivacy policyTerms of useDisclaimers