SOLD
Sold on 22 Apr 2024 for $1

7/242 Albany Road
Petersham NSW 2049

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 63m2
Land area: 837m2
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Property Details for 7/242 Albany Rd, Petersham

7/242 Albany Rd, Petersham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 837m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Petersham in the last 12 months.

Building Type
Unit
Year Built
1965
Floor Size
63m2
Land Size
837m2
Local Government
Inner West
Lot/Plan
7/SP1645

Last Listing description (June 2023)

Step inside this delightful two bedroom apartment to appreciate its charm and appeal. Positioned on the first floor of a small building, this private and cosy inner city pad will make an ideal first home or investment. Beautifully presented and well maintained, come and sample the cafes and restaurants on nearby Norton Street, enjoy the green space in local parklands or jump on the excellent transport links into the CBD and beyond.

- Good-sized bright open plan living and dining area
- Contemporary white kitchen has excellent s/s appliances

- Excellent natural light throughout the apartment plus balcony
- Two bedrooms, main is generous and both with built in wardrobes
- Original bathroom includes bath and shower
- Reverse cycle air conditioning in bedrooms and living
- Sought-after off street parking for one car
- Communal grassed garden perfect for reading a book
- Security access to building, quality double glazing

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Property History for 7/242 Albany Rd, Petersham, NSW 2049

A timeline of how this property has performed in the market
Last Sold
$1
22 Apr 2024
Listed for Rent
$475/w
02 Feb 2022
  • 22 Apr 2024
    Sold for $1
  • 17 Jun 2023
    Sold for $840,000
  • 19 May 2023
    Listed for Sale Contact Agent
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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.

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