OFF MARKET

61 Palace Street
Petersham NSW 2049

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 135m2
Land area: 135m2
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Property Details for 61 Palace St, Petersham

61 Palace St, Petersham is a 3 bedroom, 1 bathroom House and was built in 1900. The property has a land size of 135m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
House
Year Built
1900
Floor Size
135m2
Land Size
135m2
Local Government
Inner West
Lot/Plan
1/DP171599

Last Listing description (January 2020)

This is a fantastic lifestyle opportunity offering many versatile options and possibilities for professionals, investors or home business owners. Quietly positioned in one of Petersham's best streets, this former shop and residence delivers a great chance to acquire a flexible character home and really add some value with an update or redesign. The property comprises a two-level residence with a private garden plus a streetfront showroom that could be used as a work-from-home base.

Three upstairs bedrooms plus a sunroom at the front
Versatile living room/shop with direct street frontage

Neat and tidy kitchen plus a bathroom with full bathtub
Private rear courtgarden and lock-up storage shed
Excellent scope for creative redesign to suit requirements
Footsteps to the train station, local pub and cafes
A quiet position with easy street parking available

Property History for 61 Palace St, Petersham, NSW 2049

A timeline of how this property has performed in the market
Last Sold
$1,440,000
23 Nov 2019
Listed for Rent
$310/w
11 Jan 1997
  • 23 Nov 2019
    Sold for $1,440,000
  • 07 Nov 2019
    Listed for Sale Contact Agent
  • 23 May 2009
    Sold for $689,000
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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 5,086 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

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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.