50 Wellington StreetPetrie Terrace QLD 4000
Property Details for 50 Wellington St, Petrie Terrace
50 Wellington St, Petrie Terrace is a 2 bedroom, 0 bathroom House with 3 parking spaces and was built in 1900. The property has a land size of 235m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (June 2023)
Petrie Terrace is one of the few areas where many examples of Brisbane's early colonial heritage have been largely kept intact. Every now and again an opportunity arises to buy into this historic but tightly held pocket of the inner city.
Positioned in a quiet street, in an elevated position among quality homes, this property has the convenience of two street frontages (Wellington St & Regent St). It does require a degree of repair and rejuvenation that upon completion will reward the new owner with a fantastic proposition high on the hill overlooking Petrie Terrace and Suncorp Stadium.
Spread over three levels there is a living room, bedroom, bathroom, kitchen and entry from Wellington St, the lower level featuring two bedrooms, a kitchenette, rear balcony, a second bathroom and two storage rooms. On ground level you have a single garage and laundry with access from Regent Street. A small leafy backyard completes the picture for this home which can accommodate a further 2 cars. All levels are accessible via external stairs.
With everything this location has including the close proximity to the Brisbane CBD, local schools including both Brisbane Grammar and Brisbane Girls Grammar, the fabulous dining and retail options on offer in Paddington and all the various sporting and entertainment choices that Suncorp Stadium can offer.
If you would love to embrace the history of this home and expand your vision, then this is the house for you...Contact us today to arrange a private inspection.
Property History for 50 Wellington St, Petrie Terrace, QLD 4000
- 12 May 2023Sold for $1,200,000
- 20 Feb 2023Listed for Sale $1,200,000
- 29 Mar 1978Sold for $15,500
Recent sales nearby
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About Petrie Terrace 4000
The size of Petrie Terrace is approximately 0.3 square kilometres. There are 2 parks, covering nearly 6.4% of the total area. The population of Petrie Terrace in 2016 was 1124 people. By 2021 the population was 1168 showing a population growth of 3.9% in the area during that time. The predominant age group in Petrie Terrace is 20-29 years. Households in Petrie Terrace are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Petrie Terrace work in a professional occupation.In 2021, 42.30% of the homes in Petrie Terrace were owner-occupied compared with 38.90% in 2016.
Petrie Terrace has 637 properties. Over the last 5 years, Houses in Petrie Terrace have seen a 15.18% increase in median value, while Units have seen a 82.73% increase. As at 31 August 2026:
- The median value for Houses in Petrie Terrace is $1,435,029 while the median value for Units is $841,431.
- Houses have a median rent of $800 while Units have a median rent of $450.
Suburb Insights for Petrie Terrace 4000
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