Back 29 Bernhard Street
Off Market

29 Bernhard Street

Paddington QLD 4064

2
1
1
405 m²
House
Last sold for $1,900,000
Tim DouglasTim Douglas, last sold this property on 29 July 2024 after 3 days on market.

Overview

Incredible Opportunity in Blue Chip Paddington Location

This is an exciting opportunity for buyers with vision! Occupying an elevated 405m2 block in one of Paddington’s best streets, this quintessential character home offers comfortable living as it is, with huge potential to capitalise on this premium location and capture city views from the rear. The property has loads of street appeal and traditional charm. It is beautifully presented, with light and open interiors and polished timber floors throughout. There is an inviting lounge and dining room and a bright kitchen, with good storage. There are two bedrooms, plus a sleep out and they share the bathroom, which conveniently has a separate toilet. There is a single car garage and a concrete slab underneath the home offering laundry facilities and extra storage space. The huge backyard is a blank canvas, allowing buyers to daydream about what this property could become. It is in prestigious precinct, with the rear facing in the direction of the city and with the potential of city views - this opportunity is exciting. The property has been a popular rental and the location is superb; walk to cafes and shops along Paddington’s Latrobe Terrace and the bustling Rosalie Village. Nearby bus stops have regular routes to the CBD, there are parks nearby, the home is in the catchment for Milton State School and there are numerous quality high schools within easy reach. Opportunities like this are in demand, so don’t delay.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
405 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Paddington over the last 12 months, the estimated median property value of 29 Bernhard Street is $1.51m.

Median value
$1.51m
Estimated value range
$885k - $3.1m
Median days on market
43
Estimated value trend
24%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Paddington. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 29 Bernhard Street

2024
Sold
$1,900,000
Private Sale/Treaty on 29 Jul 2024 by Tim Douglas, of Place West
2023
Rented
Undisclosed
Leased on 10 May 2023 by Oikos Real Estate
2023
Sold
Undisclosed
Private Sale/Treaty on 28 Feb 2023 by Sam Proietto

Happy sellers in Paddington

80%
80% of sellers in Paddington reported that their sale price either exceeded or met their price expectations.

Paddington stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 18 reviews in Paddington over the last 12 months.

Local market activity for 2 bedroom houses in Paddington

In the last 12 months, 11 two-bedroom houses similar to 29 Bernhard Street, have been sold.

This represents a 57% decrease in two-bedroom houses sales when compared to the previous 12 months.

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