40 Albert Street, Petersham, NSW 2049 | Property Value & History | OnTheHouse
OFF MARKET

40 Albert Street
Petersham NSW 2049

Bedrooms: 6
Bathrooms: 3
Car spaces: 1
Floor area: 200m2
Land area: 704m2
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Property Details for 40 Albert St, Petersham

40 Albert St, Petersham is a 6 bedroom, 3 bathroom Unit with 1 parking spaces and was built in 1886. The property has a land size of 704m2 and floor size of 200m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
1886
Floor Size
200m2
Land Size
704m2
Local Government
Inner West
Lot/Plan
1/DP1476

Last Listing description (February 2023)

A prime opportunity for inspired buyers who value position, character and size, this supremely spacious Victorian-era property will delight with its wealth of space and potential, plus it comes with an adjoining two-level guest residence. It sits on a blockbuster 701.9 sqm corner block in one of Petersham's most sought-after streets and comes with well-preserved interiors, extra-large proportions and lots of future scope for a renovation to add significant value. The main residence has four bedrooms and is presented in great condition and enjoys a fantastic lifestyle location that has local cafs, parks, elite schools and the train station all within close proximity.

A landmark two-storey residence with a wide dual street frontage
Separate, renovated two-bedroom guest apartment with own private entry

Generously proportioned interiors with original patterned ceilings
Traditional formal lounge and dining rooms with ornate fireplaces
Extra-large bedrooms plus an upper-level sunroom and sitting area
A secluded and leafy backyard with paved entertainment areas
Lock-up garage plus off-street car space with access from James St
A fantastic real estate opportunity offering many future options

Property History for 40 Albert St, Petersham, NSW 2049

A timeline of how this property has performed in the market
Last Sold
$3,800,000
11 Oct 2022
Listed for Rent
$1.20k/w
03 Feb 2017
  • 11 Oct 2022
    Sold for $3,800,000
  • 12 Sep 2022
    Listed for Sale Auction
  • 18 Jan 2017
    Listed for Rent - Price not available
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About Petersham 2049

The size of Petersham is approximately 1.3 square kilometres. It has 6 parks covering nearly 5.5% of total area. The population of Petersham in 2016 was 8116 people. By 2021 the population was 8200 showing a population growth of 1.0% in the area during that time. The predominant age group in Petersham is 30-39 years. Households in Petersham are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Petersham work in a professional occupation.In 2021, 47.70% of the homes in Petersham were owner-occupied compared with 47.30% in 2016.

Petersham has 5,110 properties. Over the last 5 years, Houses in Petersham have seen a 47.61% increase in median value, while Units have seen a 42.38% increase. As at 31 October 2025:

  • The median value for Houses in Petersham is $2,271,461 while the median value for Units is $1,045,363.
  • Houses have a median rent of $800 while Units have a median rent of $650.
There are currently 12 properties listed for sale, and 29 properties listed for rent in Petersham on OnTheHouse. According to Cotality's data, 166 properties were sold in the past 12 months in Petersham.

Suburb Insights for Petersham 2049

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.