OFF MARKET

1/12 Sheriff Street
Petrie Terrace QLD 4000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 73m2
Land area: 126m2
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Last updated 16 Dec 2024
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Property Details for 1/12 Sheriff St, Petrie Terrace

1/12 Sheriff St, Petrie Terrace is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1910. The property has a land size of 126m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Year Built
1910
Floor Size
73m2
Land Size
126m2
Local Government
Brisbane
Lot/Plan
1/SP113141

Last Listing description (June 2021)

AUCTION CANCELLED - UNDER CONTRACT

Located right on Brisbane city's doorstep at the top end of Sheriff Street is this gorgeous single level lower floor apartment. The apartment is the result of a character sensitive raised conversion of the original colonial home and comes complete with a modern fit out.

If you are looking for convenience, this home has it in spades, just about every amenity you can think of, is at your doorstep. Roma street and Cross River rail is just around the corner, the barracks shopping and dining precinct is across the road. Caxton sheet and Suncorp entertainment precincts are all within a stone's throw.

The home itself is well laid out, comprising of two large bedrooms each with built-in wardrobes and ceiling fans and bi-fold doors that lead out onto lovely private courtyard framed by a wonderful garden space for your exclusive use. The home has a big bathroom with bathtub and overhead shower, large vanity and WC. The carpeted hall leads you into a good sized air-conditioned open plan living and dining area set against a bay-window. The kitchen is of a modern standard and is functionally well laid out with gas cook top, exhaust fan, oven and double sinks.

At the front of the home is a wonderful balcony providing stunning northerly and district views. The home also provides on title for a lock up garage for either car parking or storage. Returning $480/week with tenants insitu on a periodic lease, this is a fantastic opportunity to buy into the ever-popular Petrie terrace district at an affordable live-in option or high yield investment.

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Property History for 1/12 Sheriff St, Petrie Terrace, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$525,000
11 May 2021
Listed for Rent
$460/w
22 Aug 2019
  • 11 May 2021
    Sold for $525,000
  • 15 Apr 2021
    Listed for Sale Under Contract
  • 22 Aug 2019
    Listed for Rent - Price not available
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About Petrie Terrace 4000

The size of Petrie Terrace is approximately 0.3 square kilometres. It has 2 parks covering nearly 6.4% of total area. The population of Petrie Terrace in 2011 was 1,183 people. By 2016 the population was 1,134 showing a population decline of 4.1% in the area during that time. The predominant age group in Petrie Terrace is 20-29 years. Households in Petrie Terrace are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Petrie Terrace work in a professional occupation. In 2011, 39.7% of the homes in Petrie Terrace were owner-occupied compared with 38.9% in 2016.

Petrie Terrace has 638 properties. Over the last 5 years, Houses in Petrie Terrace have seen a 53.89% increase in median value, while Units have seen a 16.62% increase. As at 30 November 2024:

  • The median value for Houses in Petrie Terrace is $1,397,081 while the median value for Units is $603,651.
  • Houses have a median rent of $745 while Units have a median rent of $400.
There are currently 2 properties listed for sale, and 7 properties listed for rent in Petrie terrace on OnTheHouse. According to CoreLogic's data, 21 properties were sold in the past 12 months in Petrie terrace.

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