Palana Suburb ProfileTasmania 7255
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Palana has 61 properties. Over the last 5 years, Houses in Palana have seen a -58.78% decrease in median value. As at 31 October 2025:
- The median value for Houses in Palana is $186,047.
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.
Market Insights
Palana Trends for Houses
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Palana Trends for Units
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Neighbourhood Insights
Age
Population 23
60-69
26%
70-79
17%
80-89
26%
Household Structure
Occupancy
0
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Last Updated: 06/12/2025
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