724 Parramatta Road, Petersham, NSW 2049 | Property Value & History | OnTheHouse
OFF MARKET

724 Parramatta Road
Petersham NSW 2049

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Land area: 120m2
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Property Details for 724 Parramatta Rd, Petersham

Building Type
Commercial
Land Size
120m2
Local Government
Inner West
Lot/Plan
3/DP215932

Last Listing description (February 2014)

SECURE INVESTMENT WITH MULTIPLE TENANCIES
Astounding two level commercial building positioned near the corner of Parramatta Road and Park Street. The premise has a combined building area of approximately 120sqm.
Featuring a retail showroom and two separate residences, the premise is fully leased to three separate tenancies. There is potential to increase value to the property and further capitalise on its great location.

Taking advantage of its highly exposed location to thousands of passing traffic every day and bus stop at door step, the property offers the astute investor the opportunity to acquire a prime commercial estate to add to their portfolio.
Contact: Michael Culibrk and Gerard Cole
If you are on the market looking for any type of commercial property, please call 9568 1611.
If you are an owner and would like your property showcased by our commercial experts, please call 9568 1611. We have buyers waiting to purchase today!
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Property History for 724 Parramatta Rd, Petersham, NSW 2049

A timeline of how this property has performed in the market
Last Sold
$750,000
24 Dec 2013
Listed for Rent
$192/w
12 Jul 2011
  • 09 Dec 2021
    Sold
  • 24 Dec 2013
    Sold for $750,000
  • 13 May 2013
    Listed for Sale CALL 9568 1611
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About Petersham 2049

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 5,121 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:

  • The median value for Houses in Petersham is $2,193,601 while the median value for Units is $904,876.
  • Houses have a median rent of $1,095 while Units have a median rent of $650.
There are currently 12 properties listed for sale, and 19 properties listed for rent in Petersham on OnTheHouse. According to Cotality's data, 210 properties were sold in the past 12 months in Petersham.

Suburb Insights for Petersham 2049

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.