55 Princess StreetPetrie Terrace QLD 4000
Property Details for 55 Princess St, Petrie Terrace
55 Princess St, Petrie Terrace is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 182m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (September 2023)
Located mid street and in the heart of Petrie Terrace, proudly stands this wonderful Queenslander character cottage. Packed with character features yet blended with a modern twist, the home presents charm and practicality. Entry is via the quintessential white picket fence gate, up a couple of steps and on to the front veranda which offers a welcoming vantage point to sit and greet neighbours and visitors whilst enjoying your morning coffee.
As you enter the home the recently satin polished original timber floors, high ceilings and character features throughout immediately appeal. The property offers three very good-sized bedrooms, separate living and dining rooms and an updated bathroom and kitchen.
At the rear of the home is a magnificent full size elevated undercover deck, that provides incredible northerly district views showcasing the very best of Petrie Terrace. With the dining room and kitchen leading onto the deck it's the perfect entertaining space.
With the home positioned close to Princess street, the rear of the property provides plenty of space and potential to value add. Dual access from the very quiet laneway of Crown Street, provides enough room to park two vehicles off street with one garaged. There is plenty of height in the under croft at the rear of the home which may allow to expand the living space without the need to raise the home (STCA)
Property in Petrie Terrace is tightly held for good reason. Located on the edge of Brisbane's CBD with every conceivable amenity at your doorstep, the suburb ticks all the boxes for those wanting convenience, access and city lifestyle. 55 Princess is one of the best positioned properties in Petrie Terrace. Consider being just moments from well-regarded schools, QUT, shopping & dining, parklands, public and private transport options and of course Brisbane's CBD is right on your doorstep. A location like this with all the convenience and lifestyle options on offer is near impossible to find and this is one you definitely don't want to miss.
Features:
High ceilings and character features
Satin polished floors
Modern lighting and ceiling fans
Abundance of natural light and breezes
Updated kitchen and bathroom
Low maintenance gardens
Incredible views
Dual access
Property History for 55 Princess St, Petrie Terrace, QLD 4000
- 19 Jul 2023Sold for $1,340,000
- 02 Jun 2023Listed for Sale For Sale
- 10 Mar 2023Listed for Rent $735 / week
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0About 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 641 properties. Over the last 5 years, Houses in Petrie Terrace have seen a 56.65% increase in median value, while Units have seen a 7.58% increase. As at 30 September 2024:
- The median value for Houses in Petrie Terrace is $1,334,041 while the median value for Units is $543,236.
- Houses have a median rent of $750 while Units have a median rent of $420.
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