118 Latrobe Terrace, Paddington, QLD 4064 | Property Value & History | OnTheHouse
FOR SALE

118 Latrobe Terrace
Paddington QLD 4064

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 149m2
Land area: 521m2
This property is currently on the market
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Property Details for 118 Latrobe Tce, Paddington

118 Latrobe Tce, Paddington is a 3 bedroom, 3 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 521m2 and floor size of 149m2.This Property is currently listed for sale with Ray White Paddington (Qld)

Building Type
House
Year Built
1920
Floor Size
149m2
Land Size
521m2
Local Government
Brisbane
Lot/Plan
186/RP19623

Last Listing description (February 2026)

Downsizers!Families with Teenagers! Small Business owners!Investors! A Multitude of OptionsOn a large 521M2 this meticulously renovated home is right amongst the bustling cafe / restaurant precinct on Latrobe Terrace. A full renovation has been recently completed and is ready to move in before Christmas !! All this with City Views !!Over two levels, the property has been designed for dual living. Capitalise on the optimal location by running a home-based business from one level while living in the other; ideal for creatives and consultants.Upstairs presents three generous bedrooms, access to two bathrooms, the kitchen adjacent to an open plan living area spilling to the rear deck, beautifully framing district & City views. The lower level has been designed for dual living; ideal for airbnb, permanent rental or extended families. The secure design enables separation and the ability to lock-up-and-leave for travellers and busy professionals.Potential for future development on the site (STCA) delivers broad appeal to investors pursuing a long-term addition to their portfolio. Room for a pool, a Granny flat? So many options.Additional features include: Modern brushed gold fixtures compliment the white cabinetry throughout Oak timber flooring on both levels City views & spectacular suburban outlook Fully self-contained dwelling with separate access Alfresco entertaining areas on both levels All bedrooms include built-in robes Secure covered accommodation for two carsLocated just a 6 minute commute from the CBD, with major arterials just minutes away, the City Glider is a convenient transport option, passing every 10 minutes. Latrobe Terrace is a restaurant mecca with a selection of specialty shops including Woolworths. Frank's, Sassafras and Il Posto restaurants are popular with the locals. Other highlights include Suncorp Stadium and the PCYC within close proximity. Situated within the school catchments for Milton State School & Kelvin Grove State College. Popular choices for private schools include Brisbane Grammar, Girl's Grammar, St Joseph's College (Terrace) & Marist College. For sale by Public Auction (Unless sold prior), inspect by appointment or contact Judi O'Dea on 0417 009 635 or Max Hadgelias 0411 276 372 for further information about submitting your interest.** STCA = Subject to Council Approval**

Property History for 118 Latrobe Tce, Paddington, QLD 4064

A timeline of how this property has performed in the market
Last Sold
$1,485,000
26 Sep 2024
Listed for Rent
$600/w
21 Jan 2014
  • 11 Nov 2025
    Listed for Sale Offers Over $2,300,000
  • 26 Sep 2024
    Sold for $1,485,000
  • 15 Aug 2024
    Listed for Sale Auction - Unless Sold Prior
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About Paddington 4064

The size of Paddington is approximately 2.5 square kilometres. It has 10 parks covering nearly 1.4% of 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 4,617 properties. Over the last 5 years, Houses in Paddington have seen a 81.46% increase in median value, while Units have seen a 85.10% increase. As at 31 January 2026:

  • The median value for Houses in Paddington is $2,148,106 while the median value for Units is $898,933.
  • Houses have a median rent of $850 while Units have a median rent of $620.
There are currently 30 properties listed for sale, and 12 properties listed for rent in Paddington on OnTheHouse. According to Cotality's data, 210 properties were sold in the past 12 months in Paddington.

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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.