8/27 Fernberg RoadPaddington QLD 4064
Property Details for 8/27 Fernberg Rd, Paddington
8/27 Fernberg Rd, Paddington is a 1 bedroom, 1 bathroom Apartment. The property has a floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Apartment sold in Paddington in the last 12 months.
Last Listing description (May 2024)
Investment opportunity or chance to escape the rent rut. Step back in time into this 1960s retro-style apartment in a small complex of only 15 apartments. 'Cambridge Court' was initially built for the War Widows, then strata titled in 2013 offering new buyers the opportunity to reside or invest in this prime Paddington location.
This wonderful one-bedroom apartment on the first floor offers a comfortable air-conditioned living space with tiled floor and a really good-sized kitchen with plenty of cupboard space, timber benchtops and Bellini appliances. The carpeted bedroom is also of a good size and includes built in cupboards. The large bathroom includes a vanity, medicine cabinet, w/c and shower over the bath.
- 'Cambridge Court' 1960s two-storey U-shaped residential complex
- Exclusive use 6sqm outdoor balcony overlooks garden and gazebo.
- Located on the first floor (top floor) with easy access; pet friendly.
- Walk to Rosalie shopping village with its many dining options.
- Stroll to Paddington & Milton boutiques, transport; minutes to CBD!
- Low Body Corporate fees
- Current fixed term tenant lease of $400/week is due to expire June 27th 2024
Properties at this price point in Paddington and rare as hen's teeth. Don't hesitate, make an offer today, as this home will be snapped up quickly.
Property History for 8/27 Fernberg Rd, Paddington, QLD 4064
- 11 May 2024Sold for $405,000
- 14 Oct 2013Sold for $260,000
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0About 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 4,556 properties. Over the last 5 years, Houses in Paddington have seen a 59.00% increase in median value, while Units have seen a 55.78% increase. As at 31 October 2024:
- The median value for Houses in Paddington is $1,888,298 while the median value for Units is $788,154.
- Houses have a median rent of $810 while Units have a median rent of $580.
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