OFF MARKET

183 Hale Street
Petrie Terrace QLD 4000

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 177m2
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Property Details for 183 Hale St, Petrie Terrace

183 Hale St, Petrie Terrace is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 177m2. While the property is not currently for sale or for rent, it was last sold in September 2019.

Building Type
House
Land Size
177m2
Local Government
Brisbane
Lot/Plan
11/RP10683

Last Listing description (October 2019)

This wonderful character home could possibly be the cheapest FOUR bedroom freehold home available within 1500 meters as the crow flies to Brisbane City Hall. In superb condition the home is an incredible opportunity to secure a low maintenance character home equipped with modern kitchen and bathroom at a price unlikely to be seen again this close to any Australian capital city.

Located within a stone's throw of almost every possible amenity the very functional character cottage offers hassle free low maintenance living. Retaining period features including polished timber floors, high ceilings and colonial arch fretwork the home has been blended seamlessly with modern touches to ensure comfortable living and peace of mind.

The intelligent layout starts at the front door, with a second solid front door that leads from the entry into the main living area, screening out the inner city hustle.

The open plan living and dining area is serviced by a modern kitchen, with plenty of storage, island bench and stainless steel dishwasher and gas cook top. Framing the air-conditioned living area are four good sized bedrooms, one has an added sun room and all are fitted with ceiling fans. The modern bathroom has subtle quality features that blend with the character of the home, including a shower over the bathtub.

Beneath the home there is enough room for two car off street parking, a rarity in the inner city. There is a laundry space and plenty of storage. You'll love the paved rear courtyard! It's a relaxing alfresco space and comes complete with built-in bbq, sink and storage area and the custom built timber bench seats are ideal for guests while entertaining.

If you are looking for a high rental yield investment, this freehold home offers very solid returns. Currently tenanted at a healthy $665 week the home is also located in a very low vacancy rate precinct with historically strong capital growth. If you are looking to occupy, then the location will have you sold as you are well within walking distance to Brisbane's CBD and all the local attractions including, Petrie Terrace Barracks, Caxton Street, Suncorp Stadium, Paddington caf district and some of the best schools in Brisbane.

Owners circumstances require a quick sale. Present your offer today.

Features:
Character home
Air conditioned
Fully fenced
Modern kitchen and bathroom
Low maintenance courtyard
Double lock up off street car accommodation!!

Property History for 183 Hale St, Petrie Terrace, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$725,000
07 Sep 2019
Listed for Rent
$665/w
19 Jan 2016
  • 07 Sep 2019
    Sold for $725,000
  • 18 Apr 2019
    Listed for Sale Not Disclosed
  • 27 Jun 2017
    Listed for Sale Offers Over $799,000
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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 636 properties. Over the last 5 years, Houses in Petrie Terrace have seen a 54.64% increase in median value, while Units have seen a 14.62% increase. As at 31 October 2024:

  • The median value for Houses in Petrie Terrace is $1,380,414 while the median value for Units is $558,122.
  • Houses have a median rent of $700 while Units have a median rent of $435.
There are currently 3 properties listed for sale, and 1 property listed for rent in Petrie terrace on OnTheHouse. According to CoreLogic's data, 24 properties were sold in the past 12 months in Petrie terrace.

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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.