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Sold on 28 Jun 2024 for $2,590,000

17 Ross Street
Paddington QLD 4064

Bedrooms: 5
Bathrooms: 1
Car spaces: 2
Land area: 696m2
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Property Details for 17 Ross St, Paddington

17 Ross St, Paddington is a 5 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 696m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 5 bedroom House sold in Paddington in the last 12 months.

Building Type
House
Land Size
696m2
Local Government
Brisbane
Lot/Plan
17/SL12513

Last Listing description (June 2024)

Auction Location: Onsite

Welcome to 17 Ross St, Paddington, an extraordinary opportunity nestled in the heart of one of Brisbane's most desirable suburbs. This expansive 696m2 property offers a unique canvas rich with potential, perfect for those looking to create their dream home or undertake a new residential development project (Subject to Council Approval).

Currently set up as an office space, the existing structure features multiple rooms and ample natural light. This setup could provide a great starting point for renovation (STCA), but the true allure of 17 Ross St lies in its potential for transformation into a stunning residential property.

For visionaries and developers, this property offers the rare chance to knock down and rebuild (STCA) or to undertake a comprehensive renovation, crafting a bespoke residence that epitomizes modern luxury. With 696m2 at your disposal, the possibilities are endless. Envision a beautiful family home complete with spacious gardens, or a sophisticated multi-residence development designed to blend seamlessly with Paddington's charming streetscape. The expansive land size ensures ample room for creativity and architectural innovation.

Located just a stone's throw from Paddington's vibrant Latrobe Terrace, 17 Ross St is perfectly positioned to enjoy the best of urban living. Residents will benefit from the proximity to trendy cafes, boutique shopping, and a variety of lifestyle amenities, as well as excellent transport links and top-tier schools. This property is more than just a plot of land; it's a gateway to an enviable lifestyle in one of Brisbane's most coveted suburbs. Don't miss the chance to turn your vision into reality at 17 Ross St, Paddington.

Disclaimer: This property is being sold by auction and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.

Property History for 17 Ross St, Paddington, QLD 4064

A timeline of how this property has performed in the market
Last Sold
$2,590,000
28 Jun 2024
  • 28 Jun 2024
    Sold for $2,590,000
  • 03 Jun 2024
    Listed for Sale Under Contract

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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 4,614 properties. Over the last 5 years, Houses in Paddington have seen a 62.38% increase in median value, while Units have seen a 44.53% increase. As at 31 August 2024:

  • The median value for Houses in Paddington is $1,883,229 while the median value for Units is $735,742.
  • Houses have a median rent of $825 while Units have a median rent of $550.
There are currently 26 properties listed for sale, and 24 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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Sam Mayes
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Tessa Munoz
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SPACE Property 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.