OFF MARKET

3/5 Palace Street
Petersham NSW 2049

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 80m2
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Last updated 11 Nov 2024
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Property Details for 3/5 Palace St, Petersham

3/5 Palace St, Petersham is a 2 bedroom, 1 bathroom Unit and was built in 1975. The property has a floor size of 80m2.

Building Type
Unit
Year Built
1975
Floor Size
80m2
Local Government
Inner West

Last Listing description (October 2022)

This two double bedroom apartment has become available for rent. Located in a classic art deco security building made up of only four apartments, this classic period home offers great value with generously proportioned accommodation. Both Fort Street High School and Petersham Park are within easy reach along with the amenities of Parramatta Road. Petersham train station is under ten minutes walk from the property.Highlights: - Modern eat in kitchen with gas cooking and brand new hybrid timber flooring- Sizable living area slowing onto kitchen- Generous sized bedrooms and main with enclosed veranda- Brand new built-in wardrobes in both bedrooms- Renovated bathroom with shower above bath- Shared laundry with space for own washing machinePlease register for inspections via the 'book inspection' or 'email agent' buttons. Otherwise we are unable to notify you of any inspection changes.To find out more about this property please call or text Kobe Kan on 8752 4503 or 0419 818 934.APPLY NOW - https://t-app.com.au/harristrippAvailable: NOWAs an investor it can be difficult to keep up to date with the market and current trends. If you would like to arrange a confidential discussion regarding your current portfolio and how Harris Tripp can maximise the returns on your investment and introduce the right tenants to your property, please contact our Investment Relations Team on 02 8752 4500 we have successfully introduced over 550 tenants to our properties in 2020 and continue to exceed our owners expectations by providing creative solutions and honest advice to better serve their existing and future portfolios.

Property History for 3/5 Palace St, Petersham, NSW 2049

A timeline of how this property has performed in the market
Listed for Rent
$410/w
22 Dec 2020
  • 04 Nov 2020
    Listed for Rent $410 / week
  • 13 Dec 2017
    Listed for Rent $500 / week

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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 18 properties listed for sale, and 45 properties listed for rent in Petersham on OnTheHouse. According to CoreLogic's data, 187 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.