OFF MARKET

119 Lower Cairns Terrace
Paddington QLD 4064

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 74m2
Land area: 233m2
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Property Details for 119 Lower Cairns Tce, Paddington

119 Lower Cairns Tce, Paddington is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 233m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in October 2015.

Building Type
House
Year Built
1940
Floor Size
74m2
Land Size
233m2
Local Government
Brisbane
Lot/Plan
66/RP20632

Last Listing description (January 2020)

Look no further as the picture perfect Paddington property is now available.
Situated in the heart of the Paddington, this centrally located and renovated house, boasts a highly sought list of features that will accommodate all buying requirements.
Spread over two levels are 4 bedrooms, 2 renovated bathrooms, multiple living areas both indoors and outdoors and a tranquil setting behind a high and secure gate.

With potential to add value, this classic Paddington home provides the savvy buyer with a steady rental income with strong potential capital growth on a freehold title. Owner occupiers will be treated to close proximity to all local amenities and boutique shops, including Given Terrace and Latrobe Terrace and a short walk to the CBD.
Opportunities like these are few and far between and this magnificent property will be sold to the highest bidder come auction day.

Summary
* 4 Spacious Bedrooms set over 2 levels
* Multiple living areas (Indoors and outdoors)
* Split System A/C
* Secure and private low maintenance gardens
* Charming street appeal
* Fully high fenced yard
* Modern internal laundry & Ample storage
* Renovated bathrooms, including bath and rain showers
* Undercover + off street parking
* Solar hot water system
* Outside of Paddington permit parking zone
* Close to buses for easy commute to CBD
* Walking distance to cafes, shops, parks, schools and Suncorp Stadium
* Strong rental income and capital growth

Property History for 119 Lower Cairns Tce, Paddington, QLD 4064

A timeline of how this property has performed in the market
Last Sold
$829,000
10 Oct 2015
Listed for Rent
$695/w
26 Nov 2014
  • 09 Dec 2019
    Listed for Sale Auction
  • 10 Oct 2015
    Sold for $829,000
  • 10 Sep 2015
    Listed for Sale Auction
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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.

Suburb Insights for Paddington 4064

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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.