SOLD
Sold on 17 Feb 2024 for $2,020,000

53 Palace Street
Petersham NSW 2049

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 133m2
Land area: 150m2
Sold By
Bresic Whitney Glebe
Save

Property Details for 53 Palace St, Petersham

53 Palace St, Petersham is a 2 bedroom, 1 bathroom House and was built in 1880. The property has a land size of 150m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom House sold in Petersham in the last 12 months.

Building Type
House
Year Built
1880
Floor Size
133m2
Land Size
150m2
Local Government
Inner West
Lot/Plan
B/DP440990

Last Listing description (July 2024)

Auction Location: On site

This meticulously restored 1880s terrace house features a Parisian style shop front that offers an entertaining space, an extra sitting room, or a home-business opportunity. On the upper level, a master bedroom with built-in wardrobe fashioned around antique shutters leads out to the terrace with antique French terracotta tiles and views to the pretty streetscape. With details including an antique French chandelier in the dining room, new bathroom with Japanese soaker tub, and a country style kitchen with European appliances, it opens to an incredible parterre garden for a home of elegance and sophistication.

Highlights

* Restored shop, residence, courtyard home
* Rich in history & dating back to the 1880s
* 1919 shopfront offers flexible future use
* Period features preserved & enhanced
* New bathroom w/ Japanese soaking tub
* Fully rewired, reverse cycle a/c, solar
* Provincial-style kitchen, Euro appliances
* Parterre garden, rear right-of-way access
* Set in the area's best village/cafe pocket
* Free Building & Pest Report at bw.com.au

Property History for 53 Palace St, Petersham, NSW 2049

A timeline of how this property has performed in the market
Last Sold
$2,020,000
17 Feb 2024
  • 17 Feb 2024
    Sold for $2,020,000
  • 25 Jan 2024
    Listed for Sale Not Disclosed
  • 12 Oct 2021
    Listed for Sale Contact Agent
Sign in to see more transactions

Commute Calculator

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 5,085 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 20 properties listed for sale, and 36 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

Market Insights
Petersham Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Petersham Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.