OFF MARKET

5/27 Fernberg Road
Paddington QLD 4064

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 115m2
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Last updated 16 Sep 2024
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Property Details for 5/27 Fernberg Rd, Paddington

5/27 Fernberg Rd, Paddington is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 115m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in December 2017.

Building Type
Unit
Year Built
1960
Floor Size
51m2
Land Size
115m2
Local Government
Brisbane
Lot/Plan
103/SP257202

Last Listing description (September 2024)

In a perfect position only 550m from Rosalie Village and 2.7km from the CBD, this ground- floor apartment offers an ideal investment or first home with a walk-to everything lifestyle. Exceptionally low-maintenance and featuring an alfresco courtyard and double brick construction, the property stays cool with gentle breezes in summer, warm in winter and provides privacy year-round.

The living area features room for a study and a full-size kitchen with a cooktop, oven and dishwasher. Meals can be shared inside, and after-work drinks can be sipped in your peaceful courtyard, which offers a relaxing spot to sit under the lights and unwind. Featuring functional accommodation, the bedroom includes a built-in robe, and the bathroom boasts a rainfall shower and a spa bath, perfect for enjoying after a long day. There is also a massive storage area downstairs with a sump pump.

* Body corporate rates are $2,450 per year

* Sinking fund balance is $55,069.19

Property features:
- Low-maintenance apartment in a lifestyle location
- Cool living area and an alfresco courtyard with a garden to grow herbs
- Modern kitchen, concealed dishwasher and washing machine
- 1 bedroom and 1 bathroom with a spa bath and rainfall shower
- Lots of cupboard and wardrobe space
- Massive storage area downstairs with a sump pump
- Air-conditioned bedrooms, ceiling fans in bedroom and living
- Ample on-street parking
- Friendly complex featuring lawns, gardens, gazebo and low body corporate fees

Positioned in a friendly complex only 2.7km from the CBD, this apartment offers an extraordinary lifestyle with every amenity within walking distance. Less than 700m from the shops, cafes, restaurants and bars at Rosalie and Paddington, you can wine and dine with friends, grab morning coffees, and hit up Caxton Street after games at Suncorp Stadium. Bus stops are 200m from your door, and you can enjoy scenic running tracks along the nearby parks and riverfront. Perfect for students and hospital staff, this apartment is only 1.8km from Wesley Hospital, 2.3km from QUT Kelvin Grove and 4.9km from UQ St Lucia.

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Property History for 5/27 Fernberg Rd, Paddington, QLD 4064

A timeline of how this property has performed in the market
Last Sold
$333,000
12 Dec 2017
Listed for Rent
$410/w
09 Oct 2023
  • 16 Sep 2024
    Listed for Sale Best Offer Over $450,000 By 26/09/2024 at 5pm
  • 23 Mar 2023
    Listed for Rent $370 / week
  • 12 Dec 2017
    Sold for $333,000
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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 4,613 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 20 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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