174 New Canterbury Rd, Petersham is a 7 bedroom, 3 bathroom House with 5 parking spaces.
"HAZELBROOK" - Rear Access via Allans Avenue
A dress circle location, 923sqm of level land and vast untapped potential is a combination so rare it's unlikely to be repeated in this premium Inner West pocket. Originally built by a prominent surgeon and on the market now for the first time in decades, this palatial family home invites an abundance of possibilities to lovingly restore to its original grandeur or redevelop and capitalise on a prime position.
Preserving a host of characteristics from its c1915 origins, the historic 'Hazelbrook' combines timeless family comfort with an inspiring outdoor sanctuary enjoying rear lane access. The interiors are impressive, presenting soaring pressed metal ceilings, six ornate fireplaces, bay windows, leadlight Art Nouveau glass windows and decorative chandeliers.
Suited to either a buyer wishing for a forever family home, steeped in history, or a developer seeking a rare 923m2 block (R1 zoning) with great development possibilities, this is a truly unique property offering that will bring enormous value in the future. Renovate, rebuild or develop the double block - the possibilities are endless.
Features include:
* Set on a 923m2 allotment with two street frontages
* Excellent development potential with R1 zoning (Possible uses (STCA) include: Bed and breakfast accommodation, Boarding houses, Childcare facilities, Multi-dwelling housing, Residential flats etc.)
* Ornate period features
* Seven bedrooms (including a master suite with ensuite, walk-in robe and balcony)
* Multiple living spaces
* Three bathrooms
* Spacious eat-in kitchen
* Large attic space offering additional storage
* Expansive park-like grounds, swimming pool with cabana, storage shed/workshop at the rear
* Off-street parking for 5 vehicles
* Dress circle location moments from Petersham Public School, Trinity Grammar School, Newington College, Royal Prince Alfred Hospital, public transport, Petersham Park and Petersham village
The size of Petersham is approximately 1.3 square kilometres. There are 6 parks, covering nearly 5.5% of the total area. The population of Petersham in 2016 was 8116 people. By 2021 the population was 8200 showing a population growth of 1.0% in the area during that time. The predominant age group in Petersham is 30-39 years. Households in Petersham are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Petersham work in a professional occupation.In 2021, 47.70% of the homes in Petersham were owner-occupied compared with 47.30% in 2016.
Petersham has 5,152 properties. Over the last 5 years, Houses in Petersham have seen a 9.32% increase in median value, while Units have seen a 5.17% increase. As at 31 July 2026:
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