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Sold on 03 Apr 2024 - Price Unavailable

26 Lutwyche Street
Petrie Terrace QLD 4000

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 354m2
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Property Details for 26 Lutwyche St, Petrie Terrace

26 Lutwyche St, Petrie Terrace is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 354m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Petrie Terrace in the last 12 months.

Building Type
House
Land Size
354m2

Last Listing description (April 2024)

If you have been looking for the perfect inner-city renovator/re-build, then look no more. Welcome to 26 Lutwyche Street, Petrie Terrace. Located high on the hill in Petrie Terrace on a quiet street with gun barrel views backs towards to the CBD.

One of the oldest homes in Petrie Terrace, this charming 3-bedroom, 1-bathroom workers cottage sits on a large 354m2 lot, which some might say is acreage in Petrie Terrace. The home's orientation is East to West allowing for mountain sunset views as well as the rising sun over the city. The home does have a large footprint, which includes a study, sunroom, an outdoor rear deck and a large under croft multipurpose room.

The front of the property is set close to the street providing more land to work with. Given its original build age, estimated to be pre 1900, the home has some redeeming character features, including horizontal and vertical join timber walls, high ceilings, original timber flooring under the carpet and an original fireplace. The roof and guttering have also been replaced in recent years.

The lot size is great with a side access driveway leading down to a double carport at the rear of the home where you can accommodate up to four vehicles. There is also a rainwater storage tank and an inground pool in the rear garden to cool off in as you work on the home.

Petrie Terrace is currently undergoing a transformation with many character cottages being reborn into architectural masterpieces. With a 4000 postcode and literally on the doorstep of Brisbane's CBD with all its amenities and attractions, it's not hard to see why Petrie Terrace is becoming so popular and opportunities like this so rare.

Bring your builder and get in quick as this one will not last!

Property History for 26 Lutwyche St, Petrie Terrace, QLD 4000

A timeline of how this property has performed in the market
Last Sold
03 Apr 2024
Listed for Rent
$400/w
19 Feb 2022
  • 20 Mar 2024
    Sold for $1,330,000
  • 12 Mar 2024
    Listed for Sale Under Contract
  • 19 Feb 2022
    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.

Suburb Insights for Petrie Terrace 4000

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Nicholas Hall
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Ray White Paddington (Qld)
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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.