42 Herbert Street, Paddington, QLD 4064 | Property Value & History | OnTheHouse
FOR SALE

42 Herbert Street
Paddington QLD 4064

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 126m2
Land area: 405m2
This property is currently on the market
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Property Details for 42 Herbert St, Paddington

42 Herbert St, Paddington is a 3 bedroom, 1 bathroom House. The property has a land size of 405m2 and floor size of 126m2.This Property is currently listed for sale with Ray White Paddington (Qld)

Building Type
House
Floor Size
126m2
Land Size
405m2
Local Government
Brisbane
Lot/Plan
35/RP19623

Last Listing description (March 2026)

Opportunities like this are incredibly rare.Held within the same family for more than seven decades, 42 Herbert Street is now being offered to the market with clear instructions to sell, presenting an exceptional chance to secure a foothold in one of Paddington's most tightly held and desirable streets.Set on a generous 405m parcel, this original pre-war workers' cottage provides the perfect canvas for those looking to create something truly special. Whether you choose to renovate, raise, or extend (STCA), the site offers outstanding potential to design and build your dream home in a blue-chip inner-city location - at a genuine entry point into the Paddington market.The existing home features 2/3 bedrooms and 1 bathroom, retaining elements of its traditional character with high ceilings and classical VJ's throughout.The scope, position and land size will capture the attention of all seeking to establish themselves in this coveted pocket.A standout feature is the flat block and oversized backyard - a rare find in Paddington - offering the space and flexibility to create the ultimate inner-city lifestyle home.Positioned on one of the suburb's most prominent and convenient streets, Herbert Street enjoys effortless access to Rosalie Village, where cafs, restaurants, boutique shopping and the iconic cinema create a vibrant village atmosphere. Public transport options are nearby, ensuring seamless connectivity to the CBD and surrounding lifestyle precincts.Properties in this tightly held street are rarely offered, and with the current owners highly motivated to achieve a result, this represents an outstanding opportunity to secure a premium position and bring your dream home to life.Your opportunity to enter the prestigious Paddington market and create something remarkable starts here.Auction: 26th March @ 6pmRay White Paddington In rooms - Darling and Co* Where properties are being sold without a price, in accordance with government regulations a price guide cannot be provided. Please also note that the website being viewed may have filtered the property into a price bracket for functionality purposes.* Land dimensions are sourced from Pricefinder & B.C.C and should be used as a guide only

Property History for 42 Herbert St, Paddington, QLD 4064

A timeline of how this property has performed in the market
  • 26 Feb 2026
    Listed for Sale Auction
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About Paddington 4064

The size of Paddington is approximately 2.5 square kilometres. It has 10 parks covering nearly 1.4% of total area. The population of Paddington in 2016 was 8562 people. By 2021 the population was 9063 showing a population growth of 5.8% in the area during that time. The predominant age group in Paddington is 20-29 years. Households in Paddington are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Paddington work in a professional occupation.In 2021, 55.60% of the homes in Paddington were owner-occupied compared with 52.40% in 2016.

Paddington has 4,619 properties. Over the last 5 years, Houses in Paddington have seen a 69.93% increase in median value, while Units have seen a 92.59% increase. As at 28 February 2026:

  • The median value for Houses in Paddington is $2,159,677 while the median value for Units is $957,128.
  • Houses have a median rent of $850 while Units have a median rent of $620.
There are currently 25 properties listed for sale, and 11 properties listed for rent in Paddington on OnTheHouse. According to Cotality's data, 217 properties were sold in the past 12 months in Paddington.

Suburb Insights for Paddington 4064

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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.