SOLD
Sold on 13 May 2024 for $2,500,000

1/47 Wellington Street
Petrie Terrace QLD 4000

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
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Property Details for 1/47 Wellington St, Petrie Terrace

1/47 Wellington St, Petrie Terrace is a 4 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 4 bedroom Unit sold in Petrie Terrace in the last 12 months.

Building Type
Unit
Year Built
1960
Local Government
Brisbane
Lot/Plan
1/BUP12819

Last Listing description (January 2024)

**APPLICATION APPROVED** - Inner city living! - 4 bedroom property in Petrie Tce!!

Offering fantastic value this elevated and spacious apartment overlooks the local area of Petrie Terrace and Suncorp Stadium from it's own private balcony. Situated on the top level it is one of three flats and has lovely quiet neighbours, is conveniently close to the city but still offers a private retreat from the hustle and bustle.

It has a bright open plan living space with combined lounge/kitchen/dining area. There are 4 bedrooms, 3 of which have built-ins, and the large kitchen has plenty of benchspace, heaps of storage, and gas stovetop. The bathroom has a separate shower and a full size bathtub. For added convenience there is an internal laundry and the toilet is seperate from the bathroom.

An excellent position and close to everything you will need.

Pets will be considered upon application, however this property is likely not suited to a dog (but you are welcome to inspect and check).

INSPECTIONS:

Our Open For Inspections are generally conducted on a Wednesday afternoon and Saturday morning and the times are listed on the website.

To be informed of all upcoming inspections please register your interest in the property.

Inspections are a must, if you are unable to attend an advertised open please contact the office and we will endeavour to make a suitable time to show you through the property. If you live interstate or outside of Brisbane please contact us to discuss a virtual inspection.

If you wish to apply prior to you inspection please do so by copying and pasting the following address into your browser:

https://app.snug.com/apply/burlingtonpropertyagents

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Property History for 1/47 Wellington St, Petrie Terrace, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$2,500,000
13 May 2024
  • 08 Dec 2023
    Listed for Rent $625 per week
  • 13 Jan 2023
    Listed for Rent $625 per week
  • 04 Jan 2022
    Listed for Rent $515 per week
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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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