Palana RoadPalana TAS 7255
Property Details for Lot 5 Palana Rd, Palana
Last Listing description (February 2026)
Lot 5 of the Limestone Bay Conservation Estate is a unique freehold land holding opportunity located within a private conservation estate on Flinders Island, Tasmania. It is one of the most spectacular coastal locations in all of Australia.
The 40 hectare freehold lot has a coastal frontage consisting of approximately 190m of white sandy beach. It is naturally vegetated with endemic coastal flower meadows behind the beach, leading up to eucalyptus forest at the rear of the property. The entire site is teaming with native wildlife. The property and potential building site (STCA) have expansive views of Mount Killiecrankie, the Docks, Green Island and Bass Strait.
The title forms a part of the broader Limestone Bay Conservation Estate, that was established to protect the natural values and biodiversity of the area. The Estate covers a total area of approx. 320 hectares and includes 8 other freehold land holdings.
Becoming a member of the Estate and community means you will be contributing to the protection of this precious landscape and will also give you access to the shared beach outpost, BBQ and dining areas, as well as other recreational and infrastructure utilities. You will be able to explore the Estate in its entirety, via the network of private walking tracks.
The lot has recently installed driveway access to the identified building site (STCA). All properties within the Estate are off grid. Get in touch today to find out more about this truly unique Island opportunity.
Please note not all photos are taken on or from the property.
Property History for Lot 5 Palana Rd, Palana, TAS 7255
- 27 Nov 2024Listed for Sale $795,000 plus GST
- 03 Aug 2023Sold for $180,000
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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