OFF MARKET

144 Paloona Road
Paloona TAS 7310

Bedrooms: 5
Bathrooms: 1
Car spaces: 4
Floor area: 167m2
Land area: 392500m2
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Property Details for 144 Paloona Rd, Paloona

Building Type
Rural
Year Built
1948
Floor Size
167m2
Land Size
392500m2
Local Government
Devonport
Lot/Plan
1/212392

Last Listing description (May 2017)

Not often do peoples wish lists get fulfilled, natural bush, good pastures, abundant fresh running water, approximately 61 acres, all in a sheltered location with a spacious, well appointed four or five bedroom weatherboard residence, town water and perfect for short commuting for family, schooling, recreational or professional life.
A mix of old world charm and modern upgrade renovations make this an appealing package at a reasonable and affordable price point. To have both the proximity to towns, being within 15 minutes of Devonport, Sheffield, Ulverstone or Latrobe, the sound water running in a permanent creek near the home, to be able to enjoy the best of both worlds, and also have such a sheltered location is a rare combination among the many properties with lifestyle and income earning potential available.
The weatherboard homestead features four or five bedrooms depending on family requirements, very spacious kitchen recently renovated and upgraded, dining and lounge living area also newly renovated, and made open plan to provide more usable space. The interior of the home has been repainted, and recently had new carpets laid. The home is one of those that is deceptively large and surprises upon entry with its spacious feel and storage capacity. Three of the five bedrooms have built in robes, the kitchen has a large walk in pantry room, the bathroom too is a generous size with separate bath and shower facilities.

The home features heating from the built in Red Embers wood heater and two Vulcan electric heat units. The kitchen boasts abundant benches providing ample workspace, electric stove and new rangehood, and under bench storage further supplemented by the generous pantry. With a walkway entrance and a 'Pass' with breakfast bar open to the dining area dining options for casual of formal are made easy.
A quiet undercover patio and utility storage area at the back entrance is ideal for outdoor entertaining within the grounds of the house. Outbuildings include a secure three bay garage plus a fourth bay carport, large bay machinery shed and workshop suitable for truck or heavy farm machinery, several barns and utility sheds that can be used for fodder storage, farm implements or animal shelter. Well constructed stock yards provide secure handling facilities for the properties resident beef operations.
The property is divided into approximately 11 permanent paddocks, with water for stock points provided from a pressure system off the permanent stream. The homestead itself is on town water supply.
The property also has a 20 megalitre direct off-take water license for irrigation purposes. The property in the past has grown a number of commercial vegetable crops along its river-flat paddocks. The property is divided by Paloona Road with approximately 40 acres on the homestead side of the road, predominantly river-flat pasture to undulating slopes. The remaining land area opposite is undulating to steeper slope and a combination of native pastures and mature timber stands, and ideal shelter for livestock.
There is also an additional thirty acre title adjoining that is available by negotiation.
For further detail please do not hesitate to contact the listing consultant.
Property Code: 122

Property History for 144 Paloona Rd, Paloona, TAS 7310

A timeline of how this property has performed in the market
Last Sold
$395,000
14 Sep 2006
Listed for Rent
$230/w
09 Sep 2008
  • 05 May 2011
    Listed for Sale Not Disclosed
  • 02 Sep 2008
    Listed for Rent - Price not available
  • 14 Sep 2006
    Sold for $395,000
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About Paloona 7310

The size of Paloona is approximately 7.9 square kilometres. It has 2 parks covering nearly 16.5% of total area. The population of Paloona in 2011 was 1,024 people. By 2016 the population was 64 showing a population decline of 93.8% in the area during that time. The predominant age group in Paloona is 60-69 years. Households in Paloona are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Paloona work in a labourer occupation. In 2011, 83.3% of the homes in Paloona were owner-occupied compared with 79% in 2016..

Paloona has 42 properties. Over the last 5 years, Houses in Paloona have seen a 61.57% increase in median value. As at 31 August 2024:

  • The median value for Houses in Paloona is $611,224.
There are currently no properties listed for sale, and no properties listed for rent in Paloona on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Paloona.

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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.