Finance Property These inner city terraces are in high demand

These inner city terraces are in high demand

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It’s no wonder the terrace house has experienced a renaissance during Australia’s property boom.

Decorative, charming and requiring less maintenance than a free-standing house, the terraces lining Sydney and Melbourne’s inner CBD streets hold serious cache.

Victoria terrace houses were at one time criticised for encouraging the formation of slums, but enjoyed a renaissance in the 1960s as the inner city became gentrified.

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Now, many rows of terrace houses are heritage-protected, with buyers clambering to snap them up.

Here are the best terraces on this week.

182 George Street, EAST MELBOURNE, VIC, 3002


Price: Expressions of interest
Bedrooms: 5
Bathrooms: 4

Steeped in history and surrounded by Melbourne cultural landmarks, this heritage terrace was designed by the architect behind the State Library of Victoria and nearby Royal Exhibition Building.

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18A Bank Street, ASCOT VALE, VIC, 3032

Price: $1,100,000 – $1,000,000
Bedrooms: 4
Bathrooms: 2

This terrace boasts a traditional façade with a re-vamped interior. Northern light fills huge living and dining areas, leading to a pergola entertaining area (complete with an oil mural).




7 Angel Street, NEWTOWN, NSW, 2042

Price: Auction
Bedrooms: 2
Bathrooms: 1

This single storey Victorian worker’s terrace is tucked away in Sydney’s hip (and in demand) Newtown area, close to Erskineville pubs and shops, public transport and parks.


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8 Alexander Street, PADDINGTON, NSW, 2021


Price: Auction

Bedrooms: 2

Bathrooms: 1

Settled in the leafy, gentrified streets of Paddington, this long and lean terrace is an example of the space-saving efforts of Victorians. A sunny terrace is the perfect spot for an arvo drink.

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ASCOT, QLD, 4007


Price: Contact agent

Bedrooms: 5

Bathrooms: 4

Traditional Victorian terraces are a rare find in Queensland, where space has not historically been an issue, but this Ascot property is an example of an updated, free-standing terrace (and a large one at that).

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