40 Simpson Street, Watson, ACT 2602 | House for sale | OnTheHouse
 
FOR SALE
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40 Simpson Street
Watson ACT 2602

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 188m2
Land area: 731m2
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Auction Time
Sat 4 Jul 11:30 am
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Flexible Family Living or Dual Income Investment (Potential $880/week) - Move-in Ready

Set beneath the shelter of mature trees, this home carries the quiet charm of classic Watson living, with a single-level floorplan designed for rare flexibility. It can be enjoyed as a three-bedroom, two-bathroom home, or easily separated into a two-bedroom primary residence plus a one-bedroom self-contained annexe - ideal for multigenerational families, visiting guests, independent teenagers or potential rental income.
The garden draws you in slowly, while the timber deck creates a private place to sit with morning coffee, watch the seasons change and enjoy the calm of the street.
At the front, the two-bedroom residence holds its own easy rhythm. The main living room is generous and inviting, flowing through to the dining and kitchen, where everyday life feels practical and connected. Two bedrooms sit quietly on the other side of the home, serviced by the main bathroom, separate WC and full-size laundry.
At the rear, the home reveals its true point of difference - a self-contained one-bedroom wing with its own living/dining area, kitchen, bathroom, washing machine and separate entry. It is a rare and valuable addition, offering space for extended family, long-stay guests, a private work-from-home setup, or the possibility of an additional income stream.
Outside, the home offers a beautiful and spacious backyard, with fencing that helps separate the outdoor areas for each residence. A lockable double garage adds further practicality.
In one of Canberra's most loved inner-north suburbs, this is a property with warmth, flexibility and future potential - a home that offers more than one way to live - Live in the front and lease the back, keep family close while giving everyone their own independence, or secure a flexible investment in an established location where adaptable homes are always in demand.
Features
Front Residence
• Two-bedroom primary residence
• Generous main living & dining area with leafy outlooks
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Property Details for 40 Simpson St, Watson

40 Simpson St, Watson is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1962. The property has a land size of 731m2 and floor size of 188m2. The place is currently for sale with Archer Canberra .

Building Type
House
Year Built
1962
Floor Size
188m2
Land Size
731m2
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About Watson 2602

The size of Watson is approximately 3.7 square kilometres. There are 9 parks, covering nearly 16.0% of the total area. The population of Watson in 2016 was 5862 people. By 2021 the population was 6727 showing a population growth of 14.8% in the area during that time. The predominant age group in Watson is 30-39 years. Households in Watson are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Watson work in a professional occupation.In 2021, 65.00% of the homes in Watson were owner-occupied compared with 57.20% in 2016.

Watson has 3,277 properties. Over the last 5 years, Houses in Watson have seen a 17.30% increase in median value, while Units have seen a 40.81% increase. As at 31 May 2026:

  • The median value for Houses in Watson is $1,153,382 while the median value for Units is $624,299.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 14 properties listed for sale, and 7 properties listed for rent in Watson on OnTheHouse. According to Cotality's data, 185 properties were sold in the past 12 months in Watson.

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Alex Wang
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Virginia Xiao
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Archer Canberra
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