Lot 4 Palana Rd, Palana, TAS 7255 | Property Value & History | OnTheHouse
OFF MARKET

Palana Road
Palana TAS 7255

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 13620m2
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Property Details for Lot 4 Palana Rd, Palana

Building Type
Land
Land Size
13620m2
Local Government
Flinders
Lot/Plan
4/155456

Last Listing description (March 2026)

Positioned in the peaceful coastal township of Palana, this expansive 5,211 square metre vacant allotment offers an exceptional opportunity to secure a prime slice of Flinders Island's breathtaking North East coastline.
Elevated to capture uninterrupted panoramic vistas, the property showcases outstanding views across Blyth Bay and out to the Inner & Outer Sister Islands. The ever-changing seascape provides a spectacular backdrop from sunrise to sunset, delivering a true sense of space, privacy and coastal serenity.
With its generous size and commanding elevation, this block presents the perfect canvas to design and build your dream coastal retreat (STCA). The land's natural vantage point ensures your future home will maximise light, views and refreshing sea breezes.

Enjoy the tranquillity of Palana's relaxed lifestyle while remaining within reach of pristine beaches, boating, fishing and the untouched beauty that makes this region so highly sought after.

Key Features:
5,211m vacant allotment
Elevated position with sweeping water views
Stunning outlook over Blyth Bay and the Inner & Outer Sister Islands
Peaceful coastal setting
Ideal site for a dream home or holiday escape (STCA)

Rarely does land of this size, elevation and outlook become available in such a tightly held coastal enclave.
Secure your piece of paradise and create something truly special.

Please note boundary outlines are indicative only.

Property History for Lot 4 Palana Rd, Palana, TAS 7255

A timeline of how this property has performed in the market
Last Sold
$167,000
13 Jan 2020
  • 06 Mar 2026
    Listed for Sale $330,000
  • 13 Jan 2020
    Sold for $167,000
  • 17 May 2011
    Sold for $153,000
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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 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.
There are currently 2 properties 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.