OFF MARKET

55 Bank Terrace
Paddington QLD 4064

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 89m2
Land area: 405m2
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Property Details for 55 Bank Tce, Paddington

55 Bank Tce, Paddington is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1910. The property has a land size of 405m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
House
Year Built
1910
Floor Size
89m2
Land Size
405m2
Local Government
Brisbane
Lot/Plan
46/RP19624

Last Listing description (July 2022)

* Integrated blend of traditional/contemporary charm
* Fabulous family home with large yard and back deck
* Fabulous Paddington position, North facing, private

* Unbeatable location, walking distance to everything

55 Bank Terrace is a stylish, high-set three bedroom cottage that thoughtfully balances its character and heritage with today's modern lifestyle requirements.It's also nestled away from the hustle and bustle of Latrobe Terrace and Rosalie Village, yet so close that you will be able to walk to both of the nearby vibrant dining and shopping scenes. Not to mention that it's also only an easy walk away from the highly sought-after Milton State School, which is perfect for young families.

Inside, you'll find a feature double-sided brick fireplace that beautifully separates the lounge room from the dining room. The dining room easily flows into the large and well-equipped kitchen, which comes complete with a gas cooktop, dishwasher and handy servery to the rear L-shaped deck.The covered rear deck is fabulous for entertaining or relaxing, and connects out to the secure, grassy backyard which is the perfect spot for kids or pets to play.

Inside, you'll also find three light and airy bedrooms, a separate study, the bathroom with a feature full-sized bath and split-system air-conditioning throughout. Downstairs you'll find secure tandem parking for 2 cars and plenty of under-house storage space.

55 Bank Terrace has a well-designed floorplan that speaks of style, comfort and ease of living, with plenty of opportunity to renovate further down the track (STCA). Walking distance to the City and its attractions as well as local conveniences such as Frew Park, Latrobe and Given Terraces, Kelvin Grove College and Suncorp Stadium - allowing you to take advantage of its premier inner-city location. So call Judi or Michael and inspect today.

Property History for 55 Bank Tce, Paddington, QLD 4064

A timeline of how this property has performed in the market
Last Sold
$1,820,000
04 Jun 2022
Listed for Rent
$750/w
27 Oct 2021
  • 04 Jun 2022
    Sold for $1,820,000
  • 18 May 2022
    Listed for Sale AUCTION
  • 20 Oct 2021
    Listed for Rent $750 / 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 4,612 properties. Over the last 5 years, Houses in Paddington have seen a 61.38% increase in median value, while Units have seen a 49.63% increase. As at 31 July 2024:

  • The median value for Houses in Paddington is $1,868,200 while the median value for Units is $737,970.
  • Houses have a median rent of $850 while Units have a median rent of $550.
There are currently 24 properties listed for sale, and 16 properties listed for rent in Paddington on OnTheHouse. According to CoreLogic's data, 189 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.