71 Fernberg Rd, Paddington is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 405m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in May 2018.
Available for the first time in over 50 years in the heart of Paddington, rarely do properties such as this become available. Situated on a flat elevated 405m2 block, this beautiful pre-war home presents an enormous opportunity for the discerning buyer.
This home is in great condition and can be easily moved into straight away to enjoy. With the opportunity to renovate extensively, extend or raise subject to council approval (STCA) the opportunities here are endless.
The original home features 3 bedrooms, 1.5 bathrooms and ample storage. This home has enormous character & charm with beautiful VJ walls throughout and stained glass windows. Off the main hallway there one bedroom on the left and two on the right, the bathroom is also in original condition. The formal dining room seamlessly flows through to the lounge room with a neat and tidy kitchen off to the side. There is also a large covered back deck off from the hallway leading down to a private fully fenced backyard.
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:
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