5 Palm St, Killarney is a 5 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 1813m2 and floor size of 190m2. While the property is not currently for sale or for rent, it was last sold in December 2014.
Looking For Character?
Res338 -
Divine 3 B/R timber home appealing to all markets - investors, home buyers and developers. This warm cottage consists of 3 large bedrooms with stylish polished hoop pine floors throughout. The separate lounge room is warmed by a wood fireplace and cooled via the 10'6 ceilings and VJ timber walls. There is kitchen-dining with ample storage and large bathroom with laundry facilities. There is a breakfast room catching morning sun to kick-start your day and office. For entertaining, there is a covered verandah overlooking cottage garden and is aided by spacious sub-dividable 1813m2 allotment with dual road frontage. Car accommodation is supplied from 2 carports and the yard is fully fenced. The property captures extensive scenic views and provides that relaxing country atmosphere. The property has been occupied by long term tenants and is currently returning $230 p/wk. Excellent investment opportunity.
The size of Killarney is approximately 78.5 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Killarney in 2016 was 954 people. By 2021 the population was 918 showing a population decline of 3.8% in the area during that time. The predominant age group in Killarney is 60-69 years. Households in Killarney are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Killarney work in a labourer occupation.In 2021, 70.30% of the homes in Killarney were owner-occupied compared with 68.90% in 2016.
Killarney has 621 properties. Over the last 5 years, Houses in Killarney have seen a 159.90% increase in median value, while Units have seen a 60.26% increase. As at 30 November 2025:
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