SOLD
Sold on 22 May 2024 for $602,000

1/18 Central Avenue
Paddington QLD 4064

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 102m2
Land area: 102m2
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Property Details for 1/18 Central Ave, Paddington

1/18 Central Ave, Paddington is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 102m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Paddington in the last 12 months.

Building Type
Unit
Year Built
1976
Floor Size
102m2
Land Size
102m2
Local Government
Brisbane
Lot/Plan
1/BUP2381

Last Listing description (June 2024)

Discover the epitome of modern urban living in this charming 2 bedroom brick unit nestled on Central Avenue in Paddington. Boasting a fusion of contemporary design and convenience, this residence presents an ideal opportunity for discerning buyers seeking comfort and accessibility in one of Brisbane's most sought-after locales.

Step into a generously proportioned open-plan living and dining area, offering ample space for relaxation and entertainment. Bright and airy, this inviting space sets the tone for effortless living. Enjoy the peace of mind that comes with a secure lock-up garage, providing convenient parking and storage solutions for residents.

Embrace tranquility with a leafy aspect that surrounds the property, creating a serene atmosphere conducive to relaxation and unwinding after a busy day. Situated in the heart of Paddington, residents benefit from easy access to an array of lifestyle amenities including boutique shops, trendy cafes, renowned eateries, and lush parks. With the CBD just moments away, commuting is a breeze, ensuring you're never far from the action.

This property offers the added advantage of low body corporate fees, making it not only a desirable living space but also a sound investment opportunity. Seize the opportunity to make this stylish urban retreat your own. Whether you're a savvy investor or a owner occupier seeking the perfect blend of comfort and convenience, this residence ticks all the boxes.

- Two generously sized bedrooms with built-in robes
- Spacious open plan living and dining space
- Convenient location within Paddington's lifestyle precinct
- Large kitchen with electric appliances and ample storage
- Secure lock up garage, small complex of 8 units
- Low maintenance brick building with low body corporate fees

To obtain further information or to arrange a private inspection, please contact Zac Tully on 0413 820 274.

Disclaimer: This property is being sold via auction or without a price therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property History for 1/18 Central Ave, Paddington, QLD 4064

A timeline of how this property has performed in the market
Last Sold
$602,000
22 May 2024
Listed for Rent
$370/w
15 May 2019
  • 22 May 2024
    Sold for $602,000
  • 16 May 2024
    Listed for Sale Under Contract
  • 24 Apr 2019
    Listed for Rent $370 / week
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About Paddington 4064

The size of Paddington is approximately 2.5 square kilometres. It has 10 parks covering nearly 1.4% of total area. The population of Paddington in 2011 was 7,986 people. By 2016 the population was 8,554 showing a population growth of 7.1% in the area during that time. The predominant age group in Paddington is 20-29 years. Households in Paddington are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Paddington work in a professional occupation. In 2011, 51.4% of the homes in Paddington were owner-occupied compared with 52.4% in 2016.

Paddington has 4,556 properties. Over the last 5 years, Houses in Paddington have seen a 59.00% increase in median value, while Units have seen a 55.78% increase. As at 31 October 2024:

  • The median value for Houses in Paddington is $1,888,298 while the median value for Units is $788,154.
  • Houses have a median rent of $810 while Units have a median rent of $580.
There are currently 37 properties listed for sale, and 20 properties listed for rent in Paddington on OnTheHouse. According to CoreLogic's data, 180 properties were sold in the past 12 months in Paddington.

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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.