OFF MARKET

4/22 Kennedy Terrace
Paddington QLD 4064

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 32m2
Land area: 36m2
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Last updated 28 Oct 2024
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Property Details for 4/22 Kennedy Tce, Paddington

4/22 Kennedy Tce, Paddington is a 1 bedroom, 1 bathroom House and was built in 1945. The property has a land size of 36m2 and floor size of 32m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
House
Year Built
1945
Floor Size
32m2
Land Size
36m2
Local Government
Brisbane
Lot/Plan
4/SP219709

Last Listing description (April 2021)

Put simply 4/22 Kennedy Terrace is a low-priced one bedroom home in a lifestyle location!

* Character complex of just 8 units
* Low Body Corporate outgoings

* Approx 6% rent return fixed term tenancy (expected return $250-295pw)
* Cash cow short term lease/Air bnb
* Perfect 'lock up and leave' Brisbane base
* Air-conditioned living, lovely timber flooring
* Generously sized bedroom with robe
* Renovated bathroom, separate toilet
* Set back from Terrace, front sunroom with outlook
* Walk to Paddington Central Shopping Centre, public transport and all the much loved local restaurants and cafes.

MORE INFORMATION:
* Body Corporate Rates - $553.50 per quarter (approx.)
* Council Rates - $415.96 per quarter (approx.)

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Property History for 4/22 Kennedy Tce, Paddington, QLD 4064

A timeline of how this property has performed in the market
Last Sold
$225,000
06 Mar 2021
Listed for Rent
$295/w
27 Mar 2021
  • 06 Mar 2021
    Sold for $225,000
  • 28 Sep 2020
    Listed for Sale Offers Over $239,000
  • 08 Jan 2018
    Listed for Rent $295 / 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 4,558 properties. Over the last 5 years, Houses in Paddington have seen a 62.58% increase in median value, while Units have seen a 59.92% increase. As at 30 September 2024:

  • The median value for Houses in Paddington is $1,888,432 while the median value for Units is $803,267.
  • Houses have a median rent of $820 while Units have a median rent of $560.
There are currently 31 properties listed for sale, and 16 properties listed for rent in Paddington on OnTheHouse. According to CoreLogic's data, 174 properties were sold in the past 12 months in Paddington.

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