160 Edens Rd, Palana is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1983. The property has a land size of 254500m2 and floor size of 221m2. While the property is not currently for sale or for rent, it was last sold in February 2017.
The landmark property, 'The Sheiling', is set on 25.45 hectares (62.88 acres) and includes the character homestead which is believed to have been built in the early 1900's. Fixed improvements are in good condition, with the home, which sleeps up to 12 featuring 3 bedrooms plus study, 2 bathrooms, bunk-room (with billiard table), lounge, dining, large kitchen and laundry. A substantial equipment shed (3 sliding door opening) and two other sheds complete the fixed improvements. For the pilot, there is a landing strip of 850 metres. The property is large enough to run a few sheep or horses if desired. Offered for sale fully furnished, the house is fitted with a gas stove and hot water system, dishwasher and all kitchen equipment, washing machine and dryer plus linen. All that is required is food to store in the two refrigerators and one freezer. The property is set in a private location and is well protected from the prevailing winds, with an attractive garden. Excellent boating, fishing and swimming spots can be found a short drive from the property at Palana and the North East River. Current owners are Melbourne residents, who fly over Wilsons Promontory, Hogan Island and Deal Island to Palana. This unique property has so much to offer and inspection will delight.
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 2016 was 21 people. By 2021 the population was 23 showing a population growth of 9.5% in the area during that time. The predominant age group in Palana is 60-69 years. Households in Palana are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Palana work in a professional occupation.In 2021, 69.20% of the homes in Palana were owner-occupied compared with 75.00% in 2016.
Palana has 61 properties. Over the last 5 years, Houses in Palana have seen a -47.24% decrease in median value. As at 30 November 2025:
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