OFF MARKET

9 Earl Street
Petrie Terrace QLD 4000

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 98m2
Land area: 167m2
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Last updated 18 Nov 2024
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Property Details for 9 Earl St, Petrie Terrace

9 Earl St, Petrie Terrace is a 0 bedroom, 0 bathroom House with 1 parking spaces and was built in 1995. The property has a land size of 167m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
House
Year Built
1995
Floor Size
98m2
Land Size
167m2
Local Government
Brisbane
Lot/Plan
2/RP10692

Last Listing description (February 2023)

Built around 25 years ago this home represents an outstanding opportunity to get your foot into a flood free, elevated and dual living freehold property within a 4000 postcode for under $1million dollars. Positioned in one of the highest points of Petrie Terrace and on the edge of Brisbane's CBD with every conceivable amenity at your doorstep, this home should tick plenty of boxes for those wanting convenience, access and city lifestyle. 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

This fantastic opportunity awaits a savvy buyer to reap the rewards from this wonderful contemporary home. With dual access from Musgrave Road and Earl Street the home presents two levels of significant inner city freehold living space. Downstairs offers a one-bedroom self-contained apartment with its own private entry, kitchenette, study, bathroom and courtyard/balcony, whilst upstairs offers a full sized two-bedroom, two-bathroom, open plan home with a wonderful outdoor deck and lock up garage.

Currently tenanted as a dual occupancy property with a potential return of $850 per week in today's market and one of only a handful of properties zoned LMR3 in Petrie Terrace, the home presents strong investment returns and inner city freehold capital growth. The property also lends itself well to a range of other opportunities; a family home with space for extended family members or teenagers retreat or perhaps a full floor home-based business with plenty of exposure and street access on the lower floor and private live-in quarters on the top floor.

Make no mistake the seller has made it very clear this property must be sold as soon as possible and that all reasonable offers will be considered. Don't miss this rare opportunity!

Upstairs - #9
- Two bedrooms - master with walk-in wardrobe & ensuite
- Second bathroom
- Lock up garage
- Outdoor undercover entertaining area
- Open plan living and dining area
- Split system air-conditioning
- Large modern kitchen
- Plenty of storage and cupboard space

Downstairs - #9a
- One bedroom with ensuite bathroom
- Open plan living and dining area
- Kitchenette
- Split system air-conditioning
- Lock up garage/storage area
- Study/reception area with street access
- Commercial/office space potential
- Rear courtyard deck with side access

Property History for 9 Earl St, Petrie Terrace, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$970,000
25 Jan 2023
Listed for Rent
$420/w
18 Nov 2021
  • 25 Jan 2023
    Sold for $970,000
  • 09 Jan 2023
    Listed for Sale For Sale
  • 05 Nov 2021
    Listed for Rent $420 / week
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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.

Suburb Insights for Petrie Terrace 4000

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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.