Back 42 Herbert Street
Off Market

42 Herbert Street

Paddington QLD 4064

3
1
405 m²
House
Last sold for $1,480,000
Mathew AbboudMathew Abboud, last sold this property on 25 March 2026 after 27 days on market.

Overview

Entry-Level Opportunity in Blue-Chip Paddington

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 405m² 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 cafés, 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 @ 6pm Ray 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

Features

3 bedrooms
1 bathroom
405 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Paddington over the last 12 months, the estimated median property value of 42 Herbert Street is $1.88m.

Median value
$1.88m
Estimated value range
$1.29m - $3.65m
Median days on market
25
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Paddington. 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 42 Herbert Street

2026
Sold
$1,480,000
25 Mar 2026 by Mathew Abboud, of Ray White Paddington QLD

Happy sellers in Paddington

80%
80% of sellers in Paddington reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 18 reviews in Paddington over the last 12 months.

Local market activity for 3 bedroom houses in Paddington

In the last 12 months, 43 three-bedroom houses similar to 42 Herbert Street, have been sold.

This represents a 13% increase in three-bedroom houses sales when compared to the previous 12 months.

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