69 Cricket Street, Petrie Terrace QLD 4000
69 Cricket Street, Petrie Terrace QLD 4000
2 bed | 1 bath | 3 car | 213m² | inner-city cottage | character-driven | compact lot
This property is competitively positioned as a meticulously updated 19th-century cottage on a compact 213m² lot in Petrie Terrace’s Cricket Street Mews, a small-lot heritage enclave near the Brisbane CBD. Its configuration as a 2-bedroom, 1-bathroom house with reported 3 car spaces is notably rare for an inner-city setting, where parking is typically constrained. The house serves best owner-occupiers who prioritise character housing, low-maintenance living, and proximity to the city over larger family-oriented layouts. The emphasis on heritage-style supply differentiates it from modern detached houses in the suburb, and the small land size appeals to buyers seeking a limited-maintenance footprint without sacrificing location.
The reported 3 car spaces may materially affect value if accurate, as parking is a premium in this area, though inconsistent data across sources suggests verification is needed. The compact lot and 2/1 configuration might limit appeal for larger families or investors seeking higher rental yields, but the inner-city location and character scarcity could support demand from niche buyers. The previous sale in late 2023 provides a recent transaction benchmark, but without verified comparables, the price range of $1.5M–$1.65M should be weighed against the property’s specific attributes and any heritage constraints or development potential that may influence its long-term value.
Detailed Independent Property Report prepared by PropCred Analyst team for 69 Cricket Street, Petrie Terrace QLD 4000
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Petrie Terrace is positioned as an inner-city suburb with excellent transport links, attracting a younger professional demographic. Demand is driven by its proximity to the CBD and investor interest in the rental market, particularly for units. Recent price growth has been modest, with market conditions characterised by tight supply and low sales volumes. Future growth is underpinned by its central location, though high prices present an affordability constraint and limited stock may temper activity.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
3
Land
213m²
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