North East River RoadPalana TAS 7255
Property Details for Lot 1 North East River Rd, Palana
Last Listing description (November 2024)
Lot 1 is located on North East River Road, Palana at the northern end of Flinders Island in north east Bass Strait. This bush block contains a land area of 61.5 hectares (151.96 acres approx.) and is situated at the entrance to the scenic North East River area. It enjoys a frontage of approx. 500 metres to the North East River Estuary and elevates from there to around 60 metres above sea level. This elevation lends to many potential house sites (STCA) that will enjoy spectacular views of surrounding coastal areas including the Patriarchs, Babel Island and the Outer Sister Island.
The North East River area is acknowledged as one of the finest fishing spots in the Furneaux Group with Australian salmon, flathead, flounder and prawns available.
Attractive stands of native vegetation and abundant wildlife ensures that this property is a nature lovers paradise.
Don't let this chance slip away. Contact us today and come see for yourself what a paradise Flinders Island is.
Please note: not all photos are taken of or from the property.
Property History for Lot 1 North East River Rd, Palana, TAS 7255
- 01 Jul 2024Listed for Sale $220,000
- 14 Aug 2023Sold for $150,000
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 63 properties. Over the last 5 years, Houses in Palana have seen a -31.59% decrease in median value. As at 31 July 2026:
- The median value for Houses in Palana is $406,823.
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