Back 42 Albert St
Off Market

42 Albert St

Netherby Canterbury

3
1
4
100 m²
4021 m²
House
Clark McLeodClark McLeod, last sold this property on 01 October 2025 after 153 days on market.

Overview

Substantial Land, Significant Potential

Unlock the potential with this substantial land holding, presenting a rare opportunity within an established residential neighbourhood. Comprising two separate titles and spanning a significant land area of almost an acre (4,021m2). This property is a developer's dream, offering exciting prospects for future subdivision or multi-dwelling development (subject to council approval). Nestled amongst existing residential housing, the land currently features a solid brick home with a tenancy in place which could provide rental income while you explore the development possibilities. The home is well positioned for future subdivision creating an immediate opportunity to release capital. Imagine the possibilities: creating a boutique subdivision, building multiple townhouses or crafting a unique residential complex tailored to meet the demand in the market. The scale of this offering, combined with its established location, makes it a truly exceptional investment. This residential setting is in walking distance to the Netherby shops and schools, plus a park a stone's throw away. Don't sit back on this opportunity.

Features

3 bedrooms
1 bathroom
4 carspaces
4 garage spaces
100 m² floor area
4021 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Netherby over the last 12 months, the estimated median property value of 42 Albert St is $531k.

Median value
$531k
Estimated value range
$256.5k - $829k
Median days on market
34
Estimated value trend
-8%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Netherby. 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 Albert St

2025
Sold
Undisclosed
01 Oct 2025 by Clark McLeod, of McLeod Real Estate

Happy sellers in Netherby

86%
86% of sellers in Netherby reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 25 reviews in Netherby over the last 12 months.

Local market activity for 3 bedroom houses in Netherby

In the last 12 months, 21 three-bedroom houses similar to 42 Albert St, have been sold.

This represents a 83% decrease in three-bedroom houses sales when compared to the previous 12 months.

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