SOLD
Sold on 08 Oct 2024 for $1

89 Palace Street
Petersham NSW 2049

Bedrooms: 5
Bathrooms: 2
Car spaces: 1
Floor area: 257m2
Land area: 190m2
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Property Details for 89 Palace St, Petersham

89 Palace St, Petersham is a 5 bedroom, 2 bathroom House with 1 parking spaces and was built in 1900. The property has a land size of 190m2 and floor size of 257m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 5 bedroom House sold in Petersham in the last 12 months.

Building Type
House
Year Built
1900
Floor Size
257m2
Land Size
190m2
Local Government
Inner West
Lot/Plan
4/DP230000

Last Listing description (September 2016)

Brilliantly positioned to take advantage of all near city amenities and surrounded by classic period homes this vast two storey corner residence presents as an opportunity to update and create your dream home or enjoy an assured rental return. Originally a corner shop and residence this substantial home would also suit savvy professionals with flare and imagination to tranform this great space into a stylish designer home with incorporated business space STCA. A generous floorplan comprises five well appointed bedrooms (main with access to a sundrenched rooftop terrace, central lounge room with fireplace, two basic bathrooms, spacious eat in kitchen and private rear garden with off street parking. The location is sublime with Petersham Park and Fanny Durack Pool just minutes away. Superb opportunity to create something special and capitalise on one of the Inner West's finest locales.Land size 186 sqms approximately.

Property History for 89 Palace St, Petersham, NSW 2049

A timeline of how this property has performed in the market
Last Sold
$1
08 Oct 2024
Listed for Rent
$775/w
08 Jul 2010
  • 08 Oct 2024
    Sold for $1
  • 18 Jan 2014
    Sold for $1,200,000
  • 04 Nov 2013
    Listed for Sale FOR SALE $1,250,000
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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 5,082 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, 188 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.