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Back 41 South Terrace
Off Market

41 South Terrace

Como WA 6152

3
1
1
0 m²
2023 m²
House
Last sold for $4,250,000
Phoebe ShiPhoebe Shi, last sold this property on 12 February 2026 after 55 days on market.

Overview

A Developer’s Dream With Blockbuster Potential

Sitting proudly on an enormous 2,023sqm, landholding with a mighty 32.2-metre (approx.) north-facing frontage, this rare R40-zoned opportunity isn't just knocking — it's positively beating down the door. Whether you're envisioning a collection of contemporary townhouses (up to 9 townhouses), a boutique apartment building (20 apartments) or a long-term investment play, the canvas here is expansive, flexible and rich with future reward. Yes, there's a charming 3 bedroom 1 bathroom character home still resting on the lot — boasting soaring high ceilings, solid timber floorboards and that nostalgic warmth you simply can't replicate. But make no mistake – the real magic lies outdoors, where land, location and limitless possibilities take centre stage. An exclusive address right on the South Perth border affords a close proximity to lush local parklands and wonderful community sporting facilities, the buzzing Preston Street food and coffee precinct, the Royal Perth Golf Club, Perth Zoo, our picturesque Swan River, stunning foreshore restaurants and eateries, top schools (including Wesley College), shopping, medical amenities, more cafes along vibrant Angelo Street, public transport, the freeway, the city and so much more. With zoning that sparks imagination, width that welcomes creative design and size that developers dream about, this is your moment to think big, then build bigger. Potential doesn't just exist here – it thrives! - Vendor Finance available from 5% deposit, balance on completion or completed accommodation - Potential development for up to 9 townhouses or 20 apartments are possible (subject to approval) - Huge half-acre (approx.) development block - R40 zoning - Subdivision/development potential - Existing 3 bed 1 bath original home still intact - Scope to build multiple townhouses and apartments - Prime location on the cusp of South Perth Close to the river, top schools, the CBD, South Perth Hospital and so much more  A once-in-a-generation opportunity

Features

3 bedrooms
1 bathroom
1 carspace
1 carport space
0 m² floor area
2023 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Como over the last 12 months, the estimated median property value of 41 South Terrace is $1.36m.

Median value
$1.36m
Estimated value range
$635k - $4.25m
Median days on market
22
Estimated value trend
18%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Como. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 41 South Terrace

2026
Sold
$4,250,000
12 Feb 2026 by Phoebe Shi, of Bellcourt Property Group Shenton Park

Happy sellers in Como

94%
94% of sellers in Como reported that their sale price either exceeded or met their price expectations.

Como stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 93 reviews in Como over the last 12 months.

Local market activity for 3 bedroom houses in Como

In the last 12 months, 44 three-bedroom houses similar to 41 South Terrace, have been sold.

This represents a 22% increase in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Como

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Tony de Graaf

Sellers who recommend Tony de Graaf have praised them for being clear communication, local expert, responsive, honest, friendly, well-prepared and supportive

  •   4.9   (347 reviews)
  •  25 Reviews in Como
  •  37 Sales in Como
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Dean Sims

Sellers who recommend Dean Sims have praised them for being local expert, clear communication, responsive, friendly, supportive, well-prepared and honest

  •   5   (342 reviews)
  •  19 Reviews in Como
  •  44 Sales in Como
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Vanessa Naso

Vanessa Naso is a recommended agent for Como.  They have 10 local sales and collected 16 local reviews across the last 12 months.

  •   5   (43 reviews)
  •  16 Reviews in Como
  •  10 Sales in Como
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Nik Jones

Nik Jones is a recommended agent for Como.  They have 12 local sales and collected 10 local reviews across the last 12 months.

  •   5   (129 reviews)
  •  10 Reviews in Como
  •  12 Sales in Como
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