Thinking about buying in Paddington? Now could not be a better time, with 9081 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $3,037,000 with prices in this suburb ranging from $27,000 to $26,549,000. Paddington is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $682.15 |
Median Monthly Mortgage | $3927.18 |
Median Persons Per Bedroom | 0.94 |
Average Household Size | 2.05 |
Average Age | 38.35 |
Average Income | $1665.45 |
Average Cars Per Dwelling | 1.06 |
Average Properties Within 50M | 74 |
1 Bed  $1,244,000 |
2 Bed  $2,309,000 |
3 Bed  $4,112,000 |
4 Bed  $5,278,000 |
5 Bed  $7,353,000 |
6 Bed+$5,727,000 |
Consistent high demand relative to supply is a key feature in Paddington driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Paddington ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Paddington classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Paddington necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Glenmore Road Public School
Paddington Public School
St Francis of Assisi Regional Catholic Primary School
Darlinghurst Public School
Ascham School
Crown Street Public School
Woollahra Public School
Oasis College Surry Hills
Bourke Street Public School
Sydney Distance Education Primary School
(While the above schools are located with the suburb of Paddington there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 2.5 | 20.3 | 27.6 | 52.4 | 85.5 | 0 | 23.2 |
Feb | 4.3 | 20.1 | 27.0 | 54.2 | 86.5 | 0 | 19.6 |
Mar | 6.5 | 18.9 | 25.9 | 54.5 | 87.3 | 0 | 15.9 |
Apr | 5.9 | 15.3 | 23.5 | 51.4 | 89.0 | 0 | 13.9 |
May | 2.6 | 12.3 | 21.2 | 47.5 | 84.4 | 0 | 11.4 |
Jun | 4.6 | 10.3 | 18.5 | 50.3 | 85.4 | 0 | 9.1 |
Jul | 2.6 | 9.0 | 18.2 | 43.7 | 82.1 | 0 | 10.4 |
Aug | 2.6 | 9.7 | 19.7 | 39.4 | 80.2 | 0 | 13.1 |
Sept | 1.4 | 12.5 | 22.4 | 37.0 | 80.2 | 0 | 17.8 |
Oct | 2.2 | 15.0 | 23.7 | 42.7 | 82.8 | 0 | 21.1 |
Nov | 3.4 | 17.1 | 25.3 | 49.2 | 85.2 | 0 | 23.4 |
Dec | 2.1 | 18.7 | 26.4 | 49.2 | 84.8 | 0 | 24.4 |
source: Australian Government Bureau of Meteorology
10-04-2024 | $945,000 | 26 / 40 STEPHEN ST |
10-04-2024 | $2,270,000 | 25 DUDLEY ST |
09-04-2024 | $3,385,000 | 40 GLENVIEW ST |
08-04-2024 | $3,010,000 | 22 PROSPECT ST |
08-04-2024 | $9,000,000 | 102 WINDSOR ST |
08-04-2024 | $1,275,000 | 10 / 4 YOUNG ST |
08-04-2024 | $4,500,000 | 170 HARGRAVE ST |
05-04-2024 | $2,835,000 | 7 BENNETTS GROVE AVE |
05-04-2024 | $3,250,000 | 8 WENTWORTH ST |
05-04-2024 | $2,700,000 | 12 NAPIER ST |
03-04-2024 | $2,560,000 | 5 LIVERPOOL ST |
03-04-2024 | $3,420,000 | 3 / 19 ROYLSTON ST |
02-04-2024 | $2,700,000 | 6 NORFOLK ST |
02-04-2024 | $3,100,000 | 36 WALTER ST |
02-04-2024 | $7,200,000 | 17 OATLEY RD |
28-03-2024 | $955,000 | 35 / 204 JERSEY RD |
28-03-2024 | $2,460,000 | 20 CHURCH ST |
27-03-2024 | $2,900,000 | 86 CALEDONIA ST |
27-03-2024 | $2,850,000 | 48 ORMOND ST |
27-03-2024 | $2,100,000 | 20 WEST ST |
27-03-2024 | $3,040,000 | 13 / 24 GORDON ST |
26-03-2024 | $3,000,000 | 214 UNDERWOOD ST |
25-03-2024 | $1,390,000 | 1 GOODHOPE ST |
19-03-2024 | $3,807,000 | 32 HARGRAVE ST |
19-03-2024 | $3,400,000 | 31 WALTER ST |
18-03-2024 | $3,900,000 | 68 CASCADE ST |
18-03-2024 | $840,000 | 3 / 178 GLENMORE RD |
18-03-2024 | $1,660,000 | 15 HARGRAVE LANE |
18-03-2024 | $3,315,000 | 2 / 42 FLINTON ST |
15-03-2024 | $1,370,000 | 13 / 8 BENNETTS GROVE AVE |
15-03-2024 | $750,000 | 2 / 146 BOUNDARY ST |
13-03-2024 | $395,000 | 8 / 51 GLENVIEW ST |
12-03-2024 | $2,250,000 | 424 OXFORD ST |
12-03-2024 | $3,525,000 | 27 SUTHERLAND AVE |
12-03-2024 | $2,250,000 | 426 OXFORD ST |
12-03-2024 | $3,160,000 | 38 WALTER ST |
11-03-2024 | $3,725,000 | 138 UNDERWOOD ST |
07-03-2024 | $405,000 | 3 / 56 HOPEWELL ST |
06-03-2024 | $4,400,000 | 18 GLENVIEW ST |
05-03-2024 | $3,500,000 | 47 OATLEY RD |
01-03-2024 | $1,815,000 | 27 / 110 CASCADE ST |
01-03-2024 | $700,000 | 2 / 49 STEWART ST |
29-02-2024 | $3,250,000 | 26 BOUNDARY ST |
28-02-2024 | $4,400,000 | 47 ELIZABETH ST |
28-02-2024 | $5,000,000 | 3 OLIVE ST |
27-02-2024 | $1,800,000 | 13 / 400 GLENMORE RD |
21-02-2024 | $11,000,000 | 29 / 42 FLINTON ST |
19-02-2024 | $3,812,500 | 14 CASCADE ST |
19-02-2024 | $5,150,000 | 59 PADDINGTON ST |
19-02-2024 | $3,050,000 | 34 ELIZABETH ST |
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