OFF MARKET

114 Fernberg Road
Paddington QLD 4064

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 130m2
Land area: 243m2
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Last updated 18 Nov 2024
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Property Details for 114 Fernberg Rd, Paddington

114 Fernberg Rd, Paddington is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 1900. The property has a land size of 243m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Year Built
1900
Floor Size
130m2
Land Size
243m2
Local Government
Brisbane
Lot/Plan
21/SP191298

Last Listing description (September 2021)

AUCTION CANCELLED - PRIOR OFFER ACCEPTED !!

Located in an elevated position, this wonderful home offers the opportunity to maintain as an investment and be rewarded by one of Brisbane's best performing inner city capital growth areas. Very liveable as is, the home could also be a future renovation and flip project, or, for the owner-occupied, it's a perfect freehold home to get your foot in the door and into the Paddington property market.

On a low maintenance allotment, the home is set over two levels, with the living, dining, kitchen, first bathroom and all bedrooms located on the main floor at street level. Downstairs is an additional bathroom, laundry and multiple storage and utility spaces. There is even a further storage space at the rear of the home below the bottom level.

With the Brisbane city skyline a mere 3km away and clearly visible in the background at street level. the position of the home is fantastic. It's just a short stroll down to Rosalie Village to enjoy all the wonderful cafs, restaurants and boutique shopping, Milton State School and Frew Park is also very close. A short drive or a slightly longer walk will get you into Latrobe and Given Terrace Paddington, Milton's Park Street, Brisbane River and Brisbane's CBD in very quick time.

Currently tenanted until 13/12/21 at $530/week

Features include

Oversized bedrooms
Sunroom
Air-conditioning
Modern Kitchen and Bathroom
Separated lounge and dining rooms
Large lock up garage and additional external car space
Huge amount of undercover storage and utility space

To see a virtual inspection of the home, click on external link

INSPECTIONS ARE SUBJECT TO STATE GOVERNMENT COVID-19 RELATED ADVICE

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Property History for 114 Fernberg Rd, Paddington, QLD 4064

A timeline of how this property has performed in the market
Last Sold
$920,000
19 Aug 2021
Listed for Rent
$530/w
07 Dec 2020
  • 19 Aug 2021
    Sold for $920,000
  • 05 Jul 2021
    Listed for Sale AUCTION CANCELLED - UNDER CONTRACT
  • 03 Nov 2020
    Listed for Rent $530 / 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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