This lovely Palana Property is now up for grabs and is just a two minute drive to stunning Palana Beach. This picturesque block of land has a lot to offer. It's a very pretty block, well maintained with good boundary fencing, a creek running through, good pasture base and that's not all. It is 24.5 acres in total (9.93 ha) and improvements include a huge 240sq meter lockable colourbond shed, an enclosed veggie garden/orchard, water tanks and water troughs. The shed was constructed in 2010 and the slab was engineered to a very high standard. Store your boat, store your cars, store your jet skis, kyaks or even your heavy machinery! The slab is engineered to suit. With power already running in from Palana Rd and connected to the shed for lighting, this property could be an idyllic investment to go on with and build your dream home (STCA). Palana beach and the boat ramp are in close proximity and it's only a 40 minute drive to the main township of Whitemark. Flinders Island is approximately a half hour flight from Launceston and an hour from Melbourne and Palana Beach is stunning as you will see in the final two photos! Please call Michelle Hirchfield on Flinders Island for further information
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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