After the recent rain, this property looks an absolute picture. Uninterrupted views of the McPherson Ranges offer a magnificent outlook from just about every point on the place. As a weekender, starter block, tree - change or a semi - retirement prospect, this property is already well established with water and infrastructure for cattle.
Covering an area of 307 acres, the property comprises mostly semi - cleared scrub country, much of which has been pasture improved. A bore reticulates water to 3 poly tanks, which gravity feed to a number of water troughs. In addition, there are a number of dams and plenty of natural waterholes, so even the farthest reaches of the property have water available. Cattle have worked areas even through the sections of heavier timber and good tracks have been pushed to allow access to all parts of the property.
The size of Palen Creek is approximately 100.9 square kilometres. There are 3 parks, covering nearly 35.1% of the total area. The population of Palen Creek in 2016 was 280 people. By 2021 the population was 368 showing a population growth of 31.4% in the area during that time. The predominant age group in Palen Creek is 30-39 years. Households in Palen Creek are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palen Creek work in a labourer occupation.In 2021, 60.40% of the homes in Palen Creek were owner-occupied compared with 59.00% in 2016.
Palen Creek has 83 properties. Over the last 5 years, Houses in Palen Creek have seen a 202.97% increase in median value. As at 30 June 2026:
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