OFF MARKET

13/27 Fernberg Road
Paddington QLD 4064

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 51m2
Land area: 52m2
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Property Details for 13/27 Fernberg Rd, Paddington

13/27 Fernberg Rd, Paddington is a 1 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 52m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
1960
Floor Size
51m2
Land Size
52m2
Local Government
Brisbane
Lot/Plan
203/SP257202

Last Listing description (October 2021)

13/27 Fernberg Road is a low-priced, sturdy one bed unit in a fabulous lifestyle location!

* Private, quiet, elevated living set back from Fernberg
* Opportunity to tweak presentation to maximise return & liveability

* Air-conditioned living
* Generously sized bedroom with robe and views
* Character complex of just 15 with a pergola
* Low Body Corporate outgoings
* 5%+ rent return (expect fixed term $290 - 310pw)
* Cash cow short term lease/Airbnb
* Perfect 'lock up and leave' Brisbane base

From this address it is easy to walk to all life's conveniences - Paddington Central Shopping Centre, public transport (buses and Milton train) plus all the much loved Paddo, Milton & Rosalie Village restaurants, entertainment venues, cafes and boutique shopping.

This is an unmissable opportunity to secure an entry level inner city Brisbane based, investment or first home.

MORE INFORMATION:
* Body Corporate- $431 per quarter (approx.)
* Council Rates - $430 per quarter (approx.)

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Property History for 13/27 Fernberg Rd, Paddington, QLD 4064

A timeline of how this property has performed in the market
Last Sold
$292,000
06 Sep 2021
Listed for Rent
$270/w
12 Oct 2017
  • 06 Sep 2021
    Sold for $292,000
  • 13 Aug 2021
    Listed for Sale Offers Over $280,000
  • 25 Jul 2017
    Listed for Rent - Price not available
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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 4,615 properties. Over the last 5 years, Houses in Paddington have seen a 60.22% increase in median value, while Units have seen a 51.44% increase. As at 30 November 2024:

  • The median value for Houses in Paddington is $1,864,242 while the median value for Units is $787,457.
  • Houses have a median rent of $800 while Units have a median rent of $570.
There are currently 29 properties listed for sale, and 27 properties listed for rent in Paddington on OnTheHouse. According to CoreLogic's data, 181 properties were sold in the past 12 months in Paddington.

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