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.
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
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 2011 was 7,529 people. By 2016 the population was 8,114 showing a population growth of 7.8% 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 $3000 - $3999 per month on mortgage repayments. In general, people in Petersham work in a professional occupation. In 2011, 49.8% of the homes in Petersham were owner-occupied compared with 47.3% in 2016.
Petersham has 5,090 properties. Over the last 5 years, Houses in Petersham have seen a 40.91% increase in median value, while Units have seen a 15.70% increase. As at 30 September 2024:
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