56 Princess StreetPetrie Terrace QLD 4000
Property Details for 56 Princess St, Petrie Terrace
56 Princess St, Petrie Terrace is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1900. The property has a land size of 192m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
Last Listing description (January 2021)
Featuring an elevated position on Princess Street with fabulous district views from the front north facing verandah.
Other details include:
- 3 bedrooms, 1 bathroom, off street garaging for 2 cars (tandem)
- Rear deck overlooking private backyard
- Timber floors and VJ's
- Second workers toilet under house
- Low maintenance 192m2 block
- Potential to add value, renovate, build under, extend
This inner city residence is within easy walking distance to Brisbane's CBD (less than 2km) and is super close to the stylish precincts of Paddington and the Barracks with restaurants, cafes, shopping, retail and cinemas. Premier schools are also very close by, Brisbane Grammar, St Joseph's and within the Petrie Terrace State School and Kelvin Grove State College catchment.
Property History for 56 Princess St, Petrie Terrace, QLD 4000
- 15 Jan 2021Listed for Sale UNDER CONTRACT
- 14 Dec 2020Sold for $780,000
- 23 Apr 2020Listed for Sale $780,000
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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 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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