OFF MARKET

4/7 Norwood Terrace
Paddington QLD 4064

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 113m2
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Last updated 16 Sep 2024
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Property Details for 4/7 Norwood Tce, Paddington

4/7 Norwood Tce, Paddington is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 113m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
Unit
Year Built
1982
Floor Size
72m2
Land Size
113m2
Local Government
Brisbane
Lot/Plan
4/BUP5123

Last Listing description (May 2021)

Click 'BOOK INSPECTION TIME' to register your interest
Set in a quiet complex of 10 on a leafy street. Professional couples will love being within such a short distance of the Brisbane CBD and various entertainment options, while investors can appreciate consistent tenant demand in this desirable location.

This first-floor apartment will not be available for long; be quick to inspect.

Features include:
● Apartment 4 offers a massive secure lock up garage with front and rear entry plus a totally separate lock up storage room which would be perfect for a home office or rumpus room! The space here is endless.

● Well-presented, neat and tidy two-bedroom property with spacious living area and ample storage;

● Practical kitchen with the opportunity to add your own personal touch with cosmetic updates;

● Walking distance to the Latrobe Terrace cafe precinct along with public transport and shops;

Entering into the open plan living and dining, you will notice immediately the generous proportions on offer at this unit, which stands out from others on offer in the current market. The living and dining area is tiled for easy cleaning and includes ceiling fans for your comfort in the coming warmer months. Sliding doors separate the living area and balcony, allowing for cooling breezes and a green outlook. Here, you can enjoy your morning coffee or a drink with family or friends.

Returning indoors, the separate kitchen offers an abundance of storage and bench space for your convenience. There is the option to complete some cosmetic updates on the kitchen or renovate to add future value. Both bedrooms are queen-sized with built-in storage, fans, and timber blinds. They share access to a main bathroom with shower-over-bath combination and internal laundry facilities.

An incredible inner-city lifestyle is on offer at Norwood Terrace. You can look forward to being within easy reach of Paddington's best cafes and restaurants, with an abundance of entertaining options nearby at Rosalie Village or in the Brisbane CBD. Small families will appreciate being within the Ithaca Creek State School catchment area, with an abundance of private primary schools in the surrounding suburbs. Your commute will be simple as the Brisbane CBD is just 5kms away, with express bus routes leaving from nearby Latrobe Terrace.

FEATURES:
Built-In Wardrobes
Close To Schools
Close To Shops
Close To Transport
Garden

Property History for 4/7 Norwood Tce, Paddington, QLD 4064

A timeline of how this property has performed in the market
Last Sold
$415,000
05 Mar 2021
Listed for Rent
$380/w
30 Apr 2021
  • 16 Apr 2021
    Listed for Rent - Price not available
  • 05 Mar 2021
    Sold for $415,000
  • 24 Nov 2020
    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 4,612 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 18 properties listed for rent in Paddington on OnTheHouse. According to CoreLogic's data, 182 properties were sold in the past 12 months in 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.