OFF MARKET

60 Palace Street
Petersham NSW 2049

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Floor area: 176m2
Land area: 335m2
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Property Details for 60 Palace St, Petersham

60 Palace St, Petersham is a 4 bedroom, 1 bathroom Townhouse and was built in 1880. The property has a land size of 335m2 and floor size of 176m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Townhouse
Year Built
1880
Floor Size
176m2
Land Size
335m2
Local Government
Inner West
Lot/Plan
2/DP551698

Last Listing description (October 2022)

Ready for a new chapter, this original wide-fronted terrace presents outstanding potential for transformation into a magnificent statement home. Its prime 335 sqm approx parcel is set in one of Petersham's best streets, only a short walk to cafes, rail and prized lifestyle attractions including Petersham Park and Aquatic Centre. Impressive in scale, the home's original interiors impart a sense of old-world grace and grandeur. A contemporary renovation will make its Victorian features sing, and the highly versatile layout can be extended into the deep level backyard (STCA), while retaining plenty of scope for private outdoor entertaining. Ideal for a family, it is located close to Fort Street High School and Newington College. Nearby, Leichhardt's Norton Plaza has a Coles Supermarket, gourmet grocers, and there are cosmopolitan restaurants as well as Palace Cinemas on Norton Street.

Classic antique fireplaces, elegant 3.2 metre ceilings
Timber floorboards, chandelier and a woodfire stove

Impressive main bedroom with 2 sets of French doors
Three of the bedrooms open to breezy balconies
Expansive dual living and dining rooms/fifth bedroom
Secondary living room leads to a separate gas kitchen
Bathroom includes a freestanding clawfoot bathtub
Wide hallways with pantries and storage under stairs
Excellent air flow, external laundry, pet-friendly details
Metres to Brothers Ben and Brighton The Corner Cafes
Stroll to Petersham Bowling Club, White Cockatoo Hotel
Walk to Petersham shops, Frangos Portuguese Chicken

Water: $1243 Per year
Council: $2392 Per year

Total outgoings $3635 Per year

Property History for 60 Palace St, Petersham, NSW 2049

A timeline of how this property has performed in the market
Last Sold
$2,535,000
19 Jul 2021
  • 19 Jul 2021
    Sold for $2,535,000
  • 12 Jul 2021
    Listed for Sale SOLDI Michael Poynting & Jordan Dias

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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 5,097 properties. Over the last 5 years, Houses in Petersham have seen a 40.91% increase in median value, while Units have seen a 15.70% increase. As at 30 September 2024:

  • The median value for Houses in Petersham is $2,084,573 while the median value for Units is $811,596.
  • Houses have a median rent of $800 while Units have a median rent of $620.
There are currently 21 properties listed for sale, and 33 properties listed for rent in Petersham on OnTheHouse. According to CoreLogic's data, 177 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.