40 Simpson St, Watson is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2000. The property has a land size of 732m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 3 bedroom House sold in Watson in the last 12 months.
SOLD by Alex Wang - Canberra No.1 Agent Award winner. Think of selling? Please call Alex 0402169387 for a market update!
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
Practical kitchen for everyday functionality
Main bathroom & separate toilet servicing the front residence
Full-size laundry
Wall mount gas heater
Timber front deck, ideal for morning coffee or quiet outdoor sitting
Rear Residence
Self-contained one-bedroom
Separate entry
Private living/dining area
Practical kitchen for everyday functionality
Bedroom with built-in wardrobe
Bathroom with shower, vanity and toilet
Washing machine connection
Ideal for extended family, independent teenagers, guests or work-from-home use
Potential to generate additional rental income
Outdoor & Additional Features
Mature trees and established garden setting
Beautiful and spacious backyard
Fencing separates the outdoor areas for each residence
Lockable double garage
Quiet, established inner-north location
Close to Watson shops, schools, parks and local walking trails
Particulars (all approx.)
Block Size: 731 m2
Living Size: 129 m2 + Deck: 17 m2 + Garage: 42 m2
Total: 188 m2
Year Built: 1962
Rates: $1,213/quarter
Rental Estimate
Front (2 Bedroom): $550/week
Back (1 Bedroom): $330/week
EER: 1.5
DISCLAIMER We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including without limitation, any income, rentals, dimensions, areas, zoning and permits. Any figures and information contained in this advertisement are approximate and a guide only and should not be relied upon for financial purposes or taken as advice of any nature. Individuals, Self-Managed Super Funds, companies, anyone or entity, should make their own inquires and seek their own advice and rely only upon those inquiries and advice.
Archer does not guarantee the accuracy of the information above and are not financial advisers or accountants and do not provide any of the above information as advice of any nature.
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 3,418 properties. Over the last 5 years, Houses in Watson have seen a 11.98% increase in median value, while Units have seen a 26.09% increase. As at 30 June 2026:
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