4764 Palana Road, Palana, TAS 7255 | Property Value & History | OnTheHouse
OFF MARKET

4764 Palana Road
Palana TAS 7255

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 128m2
Land area: 4228m2
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Property Details for 4764 Palana Rd, Palana

4764 Palana Rd, Palana is a 2 bedroom, 1 bathroom House and was built in 1985. The property has a land size of 4228m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in December 2005.

Building Type
House
Year Built
1985
Floor Size
128m2
Land Size
4228m2
Local Government
Flinders
Lot/Plan
2/167868

Last Listing description (January 2017)

*** Winter Special*** Vendors will reimburse to a successful purchaser, cost of return airfare, with Sharp Airlines, from either Melbourne or Launceston.
Palana Beach House is furnished to quality accommodation standard and ready to move in to from day one (it comes furnished, see photos).
This beautiful beach house contains 2 stand alone bedrooms connected by an undercover walkway with an open plan main living area and kitchen lined by rare celery top pine with hardwood floors. Its unusual design allows every room to have a view of the ocean, coastline and the Sister Islands right out in front.

The land encompasses mainly open grass on a gently sloping block of approximately 1,455m2, you share it with wallabies who mow your grass at night for free!
The property is occasionally rented (to adult couples only) for holiday rental and subsequently meets contemporary building standards. You could use it as a business opportunity by continuing to rent it through several established websites or simply have it for yourself. The property meets strict TICT (Tourist Industry Council Tasmania) standards and is approved by local council as a tourist accommodation facility.
It has been furnished in such a way so as to be comfortable and cosy. All white-good appliances are either new or near new. Fitted out in such a way that ambiance can be enjoyed whilst admiring the exceptional views.
The property faces north and has a sunny disposition and a unique rock fireplace with an enclosed slow combustion fire to keep you snug and toasty warm in winter.
Palana Beach House is located in a coastal village (approximately 20 houses) with nearby quality homes that assure the locality of a status such that the area will always be regarded as upmarket, yet retaining a small quaint village feel.
If you desire a chance to get away from mainstream life and go fishing, then this is the perfect place for you. The first serious buyer will snap this property up, as it has been priced to sell. This home is well suited as a permanent residence, holiday rental or a combination of both.
Please note: if you want some extra land to do with as you wish, there is a vacant block available right next door of 1,138m2 price at $120,000.
NB: photo of the beach take a short distance from the house.

Property History for 4764 Palana Rd, Palana, TAS 7255

A timeline of how this property has performed in the market
Last Sold
$350,000
19 Dec 2005
  • 05 Sep 2014
    Listed for Sale $475,000
  • 19 Dec 2005
    Sold for $350,000
  • 27 Jun 1993
    Sold for $137,000
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About Palana 7255

The size of Palana is approximately 45.9 square kilometres. There are 2 parks, covering nearly 6.5% of the 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 80-89 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 -38.79% decrease in median value. As at 31 May 2026:

  • The median value for Houses in Palana is $469,962.
There are currently 1 property listed for sale, and no properties listed for rent in Palana on OnTheHouse. According to Cotality's data, no properties were sold in the past 12 months in Palana.

Suburb Insights for Palana 7255

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.