89 Caxton St, Petrie Terrace is a 14 bedroom, 5 bathroom House with 3 parking spaces. The property has a land size of 438m2. While the property is not currently for sale or for rent, it was last sold in March 2001.
A great land bank opportunity four houses owned by one family are on the market and to be sold.
High profile location and the link between the bustling food and retail precinct of Paddington and the emerging inner-city suburb of Petrie Terrace.
The properties are currently located within the character (in fill housing) zone and the detached house precinct of Petrie Terrace and Spring Hill neighbourhood plan. The potential and future for the properties may evolve under the Draft City West Renewal Strategy , still yet to be incorporated into the planning scheme expected in 2017.
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 640 properties. Over the last 5 years, Houses in Petrie Terrace have seen a 57.07% increase in median value, while Units have seen a 1.86% increase. As at 31 August 2024:
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