Palana Suburb Profile
Tasmania 7255

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Palana has 59 properties. Over the last 5 years, Houses in Palana have seen a 251.08% increase in median value. As at 31 October 2024:

  • The median value for Houses in Palana is $843,891.
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.

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..

Suburb Insights for PALANA 7255

Market Insights
Palana Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
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Neighbourhood Insights
Age

Population 13

50-59

 

14%

70-79

 

48%

Household Structure
Occupancy

Recent Sales in PALANA 7255

Properties for sale in PALANA 7255

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Last Updated: 09/11/2024

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