40 Paling Ave, Wilston is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 708m2 and floor size of 155m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 4 bedroom House sold in Wilston in the last 12 months.
This is an exceptional opportunity to secure a prime 708sqm parcel in one of Wilston's most tightly held streets, complete with Development Approval (DA) and architectural plans already in place to create a stunning new residence or significantly enhance the existing home.
Positioned within walking distance of Wilston Village's boutique cafés, restaurants, express city transport and highly regarded local schools, the property offers the rare combination of blue-chip location and future development potential. With much of the planning work already completed, buyers can fast-track their project and bring their vision to life.
The existing character home is well maintained and immediately liveable, providing comfortable accommodation while plans are finalised or construction is prepared. Recently refreshed with new interior and exterior paint, the home enjoys a desirable north-east facing rear aspect that fills the property with natural light throughout the day.
Upstairs features a charming country-style kitchen flowing through the dining and living areas to an enclosed deck overlooking the pool and established gardens. Three well-sized bedrooms include a spacious main with generous built-in storage, complemented by a beautifully maintained bathroom.
Downstairs offers excellent flexibility with a large additional living zone and a newly installed kitchen, ideal for entertaining or use as a children's retreat. A separate bedroom or study (ceiling height just under 2,400mm) and an additional bathroom further enhance the home's versatility for guests, teenagers or extended family.
Outdoors, the expansive backyard features a large in-ground swimming pool with a season-extending heater and generous entertaining space, highlighting the scale and potential of the 708sqm block. Ample off-street driveway parking is available with space to add a carport.
Whether you choose to move in and enjoy the home as it stands, undertake a renovation, or take advantage of the approved plans to create a spectacular new residence, this property offers a rare and valuable head start in one of Wilston's most sought-after locations.
DA-approved opportunities in this tightly held pocket are exceptionally rare.
This exclusive off-market opportunity will not last long.
The size of Wilston is approximately 1.4 square kilometres. It has 9 parks covering nearly 14.2% of total area. The population of Wilston in 2016 was 3937 people. By 2021 the population was 4110 showing a population growth of 4.4% in the area during that time. The predominant age group in Wilston is 50-59 years. Households in Wilston are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Wilston work in a professional occupation.In 2021, 64.00% of the homes in Wilston were owner-occupied compared with 62.10% in 2016.
Wilston has 1,780 properties. Over the last 5 years, Houses in Wilston have seen a 44.50% increase in median value, while Units have seen a 129.34% increase. As at 30 April 2026:
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