OFF MARKET

58 Palace Street
Petersham NSW 2049

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Floor area: 129m2
Land area: 381m2
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Property Details for 58 Palace St, Petersham

58 Palace St, Petersham is a 4 bedroom, 1 bathroom House. The property has a land size of 381m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
House
Floor Size
129m2
Land Size
381m2
Local Government
Inner West
Lot/Plan
1/DP551698

Last Listing description (October 2022)

The next chapter in this wide fronted terraces' history is ready to be written, capitalising on a prime setting on one of the area's best streets, grandly scaled interiors and generous 373 sqm block. The potential is enormous to transform into a statement home with a flexible dual level floor plan that provides up to four bedrooms, a separate living and dining plus a study or additional living. Be inspired by the period charm of this full brick residence that welcomes with high ceilings, original timber floors and superb fireplaces. The property is freestanding to the north and includes a covered side deck plus there is abundant scope for beautiful alfresco spaces and room for the kids to play with the deep rear garden. Enjoy an enviable Inner West lifestyle steps to Brighton Street Reserve, the bus, Petersham station, local shops and eateries and popular Fort Street High School.

Quality wide tree lined street setting, front porch
Full brick period home, high ceilings, timber floors

Large living room with fireplace, separate dining
Original wood stove, lower level 4th bed or guest
Functional kitchen with gas cooker, rear laundry
Generous covered north facing deck, deep backyard
Three upper level bedrooms, study or 2nd living
Grand master with dual fireplaces and front balcony
Period style bathroom with original clawfoot bath

Land size: approximately 373 square metres
Council rates: approximately $1972.00 per annum
Water rates: approximately $1141.72 per annum

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Property History for 58 Palace St, Petersham, NSW 2049

A timeline of how this property has performed in the market
Last Sold
$2,191,000
27 Apr 2021
Listed for Rent
27 Feb 2019
  • 27 Apr 2021
    Sold for $2,191,000
  • 23 Apr 2021
    Listed for Sale Auction | Michael Poynting | Jordan Dias
  • 22 Feb 2019
    Listed for Rent $800 / 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 20 properties listed for sale, and 39 properties listed for rent in Petersham on OnTheHouse. According to CoreLogic's data, 189 properties were sold in the past 12 months in Petersham.

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