60 Palace St, Petersham is a 4 bedroom, 1 bathroom Townhouse and was built in 1880. The property has a land size of 335m2 and floor size of 176m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
Ready for a new chapter, this original wide-fronted terrace presents outstanding potential for transformation into a magnificent statement home. Its prime 335 sqm approx parcel is set in one of Petersham's best streets, only a short walk to cafes, rail and prized lifestyle attractions including Petersham Park and Aquatic Centre. Impressive in scale, the home's original interiors impart a sense of old-world grace and grandeur. A contemporary renovation will make its Victorian features sing, and the highly versatile layout can be extended into the deep level backyard (STCA), while retaining plenty of scope for private outdoor entertaining. Ideal for a family, it is located close to Fort Street High School and Newington College. Nearby, Leichhardt's Norton Plaza has a Coles Supermarket, gourmet grocers, and there are cosmopolitan restaurants as well as Palace Cinemas on Norton Street.
Classic antique fireplaces, elegant 3.2 metre ceilings
Timber floorboards, chandelier and a woodfire stove
Water: $1243 Per year
Council: $2392 Per year
Total outgoings $3635 Per year
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 5,136 properties. Over the last 5 years, Houses in Petersham have seen a 14.67% increase in median value, while Units have seen a 20.94% increase. As at 30 June 2026:
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