213 Latrobe Terrace, Paddington, QLD 4064 | House for sale | OnTheHouse
 
FOR SALE
Offers Over $1.4m

213 Latrobe Terrace
Paddington QLD 4064

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 445m2
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Classic workers cottage with immediate income potential

Situated in Paddington's most central landmark area, this two-level, dual occupancy residence presents a strategic opportunity to secure immediate rental income while securing long-term investment growth and scope for improvements. Two self-contained residences offer a dual income stream, an opportunity rarely presented in such a convenient position.
Combining enduring character features and separate access, the upper level features two generous bedrooms, an ornate fireplace with a carved timber mantel, tongue-in-groove panelling that enhances the scale of soaring ceilings and a light-filled living area that captures a pleasant canopy outlook and suburban views. Downstairs, the self-contained one-bedroom residence includes a living space, bathroom and rear yard access, delivering genuine dual occupancy flexibility.
Demonstrating broad appeal, buyers entering the coveted Paddington market can do so with invaluable rental assistance. Whether you're seeking a proven investment, a home with supplementary income or a centrally located character cottage to expand on and create a magnificent family home, the versatility of this property is its greatest strength.
Property Highlights:
- 144m2 dual occupancy floor plan spread over two self-contained levels
- Entry level features street level access, 2 bedrooms, 1 bathroom and generous living area with retained character features
- Lower level features 1 bedroom, 1 bathroom and living space with rear yard access
- Proven investment returns with dual income stream and future capital growth potential
- Premier street frontage within walking distance to Paddington Central
- 445m2 allotment with space for an extension
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Property Details for 213 Latrobe Tce, Paddington

213 Latrobe Tce, Paddington is a 3 bedroom, 2 bathroom House. The property has a land size of 445m2. The place is currently for sale with Ray White Paddington (Qld).

Building Type
House
Land Size
445m2
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About Paddington 4064

The size of Paddington is approximately 2.5 square kilometres. There are 10 parks, covering nearly 1.4% of the total area. The population of Paddington in 2016 was 8562 people. By 2021 the population was 9063 showing a population growth of 5.8% in the area during that time. The predominant age group in Paddington is 20-29 years. Households in Paddington are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Paddington work in a professional occupation.In 2021, 55.60% of the homes in Paddington were owner-occupied compared with 52.40% in 2016.

Paddington has 4,624 properties. Over the last 5 years, Houses in Paddington have seen a 38.35% increase in median value, while Units have seen a 98.86% increase. As at 31 July 2026:

  • The median value for Houses in Paddington is $2,175,225 while the median value for Units is $1,006,027.
  • Houses have a median rent of $950 while Units have a median rent of $630.
There are currently 36 properties listed for sale, and 13 properties listed for rent in Paddington on OnTheHouse. According to Cotality's data, 188 properties were sold in the past 12 months in Paddington.

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Max Hadgelias
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Ray White Paddington (Qld)
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