OFF MARKET

13 Palace Street
Petersham NSW 2049

Bedrooms: 9
Bathrooms: 6
Car spaces: -
Land area: 551m2
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Property Details for 13 Palace St, Petersham

13 Palace St, Petersham is a 9 bedroom, 6 bathroom Unit. The property has a land size of 551m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Land Size
551m2
Local Government
Inner West
Lot/Plan
1/DP818387

Last Listing description (October 2022)

Whether you're looking for a unique investment or a distinctive restoration project, this Victorian mansion conversion presents buyers with a rare opportunity to acquire a large multi-let property in a dynamic lifestyle location. Its prized position on the high side of Petersham's best street is directly opposite Fort Street High, with city buses just up the street on Parramatta Road, and European cafes, shops and cinemas on nearby Norton Street. On the south end of Palace Street, a coveted leafy hub boasts gourmet cafes, city rail, parklands and a community pool, not to mention the famed Petersham Bowling Club. With such a winning combination of potential and location, this property will only accumulate in capital value.
Evidence of Council approval available upon request.

Great potential for rental income growth and value

543sqm block features 9 units of varying dimensions
Gas kitchenettes, ensuites and 2 separate bathrooms
Character details include high ceilings, timber floors
Generous side driveway and external laundry facilities
Bring your architect and explore the possibilities (STCA)
250 metres to cafes, 500m to White Cockatoo Hotel
450 metres to popular Fanny Durack Aquatic Centre
400m to Petersham Bowlo, 550m to Petersham Station
Good proximity to universities and 6.7km to the CBD

Selling in Conjunction with the managing agent Allan Dale Real Estate

Chris Vallas - Director Slavko Skender - Sales Agent
0412 200 629 0412 241 941
chris.vallas@adre.com.au slavko.skender@adre.com.au

Property History for 13 Palace St, Petersham, NSW 2049

A timeline of how this property has performed in the market
Last Sold
$2,155,000
04 Dec 2021
  • 04 Dec 2021
    Sold for $2,155,000
  • 12 Nov 2021
    Listed for Sale Sold

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About Petersham 2049

The size of Petersham is approximately 1.3 square kilometres. It has 6 parks covering nearly 5.5% of total area. The population of Petersham in 2011 was 7,529 people. By 2016 the population was 8,114 showing a population growth of 7.8% in the area during that time. The predominant age group in Petersham is 30-39 years. Households in Petersham are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Petersham work in a professional occupation. In 2011, 49.8% of the homes in Petersham were owner-occupied compared with 47.3% in 2016.

Petersham has 5,082 properties. Over the last 5 years, Houses in Petersham have seen a 40.40% increase in median value, while Units have seen a 11.07% increase. As at 31 October 2024:

  • The median value for Houses in Petersham is $2,102,569 while the median value for Units is $824,691.
  • Houses have a median rent of $790 while Units have a median rent of $615.
There are currently 19 properties listed for sale, and 43 properties listed for rent in Petersham on OnTheHouse. According to CoreLogic's data, 188 properties were sold in the past 12 months in Petersham.

Suburb Insights for Petersham 2049

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.