Paddington

NSW, 2021

Suburb Overview

Paddington, NSW, is a vibrant inner-city suburb known for its charming Victorian terraces, trendy boutiques, and a strong sense of community, making it a desirable location for both families and professionals.

Transport

School Quality

Walkability

Safety

Upsides

Cultural Vibrancy: Paddington boasts a rich cultural scene with galleries, markets, and events.
Proximity to the City: It is close to Sydney's CBD, making commuting convenient for professionals.
Beautiful Architecture: The suburb features stunning Victorian and Federation homes, adding to its charm.
Community Feel: Paddington has a strong sense of community with local shops and cafes fostering connections.

Downsides

High Property Prices: Paddington is known for its expensive real estate, making it difficult for first-time buyers.
Limited Parking: Street parking can be challenging due to narrow streets and high demand.
Noise Levels: The area can be noisy due to its vibrant social scene and traffic.
Public Transport Limitations: While there are options, public transport may not be as extensive as in other suburbs.

Summary Last Month

Sale Market

Median Days on Market

11.5

-50%

Sold Properties

20

-40%

Median Sold Price

$3,050,000

-4%

Rental Market

Median Days on Market

3

-92%

Rented Properties

77

-15%

Median Rent Price

$942.5

+1%

Note: Median sold price reflects the suburb as a whole and may not match the uniqueness of your property. For a more accurate valuation estimate for your property, click below.

Free Property Valuation Tool

Suburb Property Type Summary Last Month

The data below summarises the results over the last month by property type and bedrooms.

PROPERTY TYPE	BEDS	SOLD PRICE	SOLD LAST MONTH
Apartment	1	$770k	2
Apartment	3	Price withheld	1
House	2	$2.06M	3
House	3	$3.24M	6
House	4	Price withheld	1
House	5	Price withheld	1
Studio	0	Price withheld	2
Terrace	2	Price withheld	1
Terrace	3	$4.00M	2
Terrace	4	Price withheld	1

PROPERTY TYPE	BEDS	RENTED PRICE	RENTED LAST MONTH
Apartment	0	$445	5
Apartment	1	$625	18
Apartment	2	$970	10
Apartment	3	$2k	2
House	2	$1k	7
House	3	$1k	7
House	4	$2k	2
Studio	0	$445	6
Studio	1	$515	5
Terrace	2	$1k	8
Terrace	3	$2k	5
Terrace	4	$1k	2
Townhouse	3	Price withheld	1

Median Prices Over Time

Median Days on Market Over Time

Sold Properties Over Time

Nearby Suburbs

Edgecliff

Median Sold Price

$2,800,000

+60%

Median Rent Price

$810

-2%

Centennial Park

Median Sold Price

$877,500

Median Rent Price

$700

+8%

Rushcutters Bay

Median Sold Price

$1,137,500

+21%

Median Rent Price

$600

+6%

Woollahra

Median Sold Price

$3,492,500

+64%

Median Rent Price

$1,200

+7%

$650

-1%

Market Activity

Find out how your property compares to others in the area.

Last 6 months

Property Types

Bedrooms

Sold Price Range

LOW

$400k

MID

$2.90m

HIGH

$13.25m

Based on 50 comparables
(50 results, 0 excluded)

Suburb Overview

Upsides

Downsides

Summary Last Month

Sale Market

11.5

20

$3,050,000

Rental Market

3

77

$942.5

Suburb Property Type Summary Last Month

Median Prices Over Time

Median Days on Market Over Time

Sold Properties Over Time

Nearby Suburbs

Edgecliff

$2,800,000

$810

Centennial Park

$877,500

$700

Rushcutters Bay

$1,137,500

$600

Woollahra

$3,492,500

$1,200

Darlinghurst

$1,422,500

$795

Elizabeth Bay

$1,257,500

$650

Market Activity

Sold Price Range