28 Imperial Terrace, Paddington QLD 4064
28 Imperial Terrace, Paddington QLD 4064
Elevated character house | Pool and district views | 3-bed family layout | Premium renovated finish | Paddington lifestyle catchment
This property holds a genuinely rare combination for Paddington: a character Queenslander that has been fully reimagined without losing its original soul. The elevated position with district outlooks, the pool, and the substantial lower-level retreat make it more than a standard character cottage—it functions like a modern family home while keeping the street presence buyers in this suburb actively seek. It sits comfortably above the typical Paddington offering in finish quality and lifestyle amenity, and it will appeal most to established households or professional couples who want inner-city convenience without compromising on space, light, or a sense of retreat. The school catchment pairing adds practical weight for family buyers.
The value picture here is shaped by a few key factors. The land size of 433 square metres is solid for the area, and the building coverage of 37 percent suggests there may be room for future adjustment if a buyer ever wanted it. The lack of flood, bushfire, or heritage overlays removes some common constraints found in older inner suburbs, which is a quiet positive. The split-level configuration and spiral staircase may not suit every buyer, particularly those with young children or mobility considerations, and that could narrow the buyer pool slightly. The finishes are clearly premium, which supports price, but the absence of a confirmed build year means the underlying structure should be inspected carefully before forming a final view.
|| Comparable Sales: 32 Imperial Terrace sold $2.1M; 129 Enoggera Terrace sold $1.45M | Property Price Band: $1.7M–$1.8M | Value Drivers: renovation quality, elevated outlook, pool and lower-level retreat
Detailed Independent Property Report prepared by PropCred Analyst team for 28 Imperial Terrace, Paddington QLD 4064
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
URL has been copied successfully!
Market Insight
Paddington, an inner-west Brisbane suburb, commands a premium, with median house prices around $2.1 million and units near $881,000. Professionals and young families drive demand, drawn by heritage homes, strong schools, and a lively café scene. House prices rose 5.8% annually, while units grew 9.3%, reflecting affordability pressures. Supply is constrained, and homes average 52 days on market. Population growth and infrastructure links underpin future demand, but high prices push buyers toward units. Rate sensitivity and affordability remain the key risks, with moderate forecasts of 4-5% house and 5-7% unit growth in 2026.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 32 Imperial Terrace sold $2.1M; 129 Enoggera Terrace sold $1.45M | Property Price Band: $1.7M–$1.8M | Value Drivers: renovation quality, elevated outlook, pool and lower-level retreat
Bedrooms
3
Bathroom
2
Parking
2
Land
433m²
URL has been copied successfully!