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Paddington
QLD, 4064 - Brisbane

Thinking about buying in Paddington? Now could not be a better time, with 6613 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,699,000 with prices in this suburb ranging from $288,000 to $11,079,000. The aproximate distance to the coast is 14 Km.

Household Makeup

Median Weekly Rent $472.94
Median Monthly Mortgage $2711.88
Median Persons Per Bedroom 0.82
Average Household Size 2.50
Average Age 33.44
Average Income $1228.41
Average Cars Per Dwelling 1.68
Average Properties Within 50M 29

Housing Stock

Average Property Prices

1 Bed  $895,000
2 Bed  $938,000
3 Bed  $1,636,000
4 Bed  $2,476,000
5 Bed  $3,201,000
6 Bed+$3,060,000
Properties for sale in Paddington
Instant Property Valuation

Paddington Real Estate Market Outlook

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. High density population in Paddington requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. 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.

Houses for sale Paddington

At Realty 135 BAROONA RD, PADDINGTON, QLD, 4064 Beds4 Bathrooms1 Parking 1 For Sale
Ray White UNIT 1, 36 BELLEVIEW PDE, PADDINGTON, QLD, 4064 Beds3 Bathrooms3 Parking 2 1100000
Ray White 61A ROCKBOURNE TCE, PADDINGTON, QLD, 4064 Beds5 Bathrooms3 Parking 2 3000000
Ray White 8 MACARTNEY ST, PADDINGTON, QLD, 4064 Beds4 Bathrooms2 Parking 2 1400000
Ray White 41 LATROBE TCE, PADDINGTON, QLD, 4064 Beds4 Bathrooms2 Parking 4 1900000
Ray White 46 COCHRANE ST, PADDINGTON, QLD, 4064 Beds3 Bathrooms1 Parking 1 1850000
Ray White 61 MORETON ST, PADDINGTON, QLD, 4064 Beds4 Bathrooms2 Parking 2 2600000
Ray White 27 SWEETMAN ST, PADDINGTON, QLD, 4064 Beds5 Bathrooms3 Parking 2 2500000
Remax 60 STEVENSON ST, PADDINGTON, QLD, 4064 Beds4 Bathrooms2 Parking 2 By Negotiation

Local Schools

Petrie Terrace State School

Milton State School

Ithaca Creek State School

Albert Park Flexible Learning Centre

Rainworth State School

Red Hill Special School

Brisbane Grammar School

St Joseph's School

Queensland Academy for Creative Industries

Hubbard's School

(While the above schools are located with the suburb of Paddington there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Paddington weather - Average Local Climate by month

(mm)
RAIN		Min (°C)
TEMP		Max (°C)
TEMP		Min (%)
HUMIDITY		Max (%)
HUMIDITY		 (m/sec)
WIND		 (MJ/sq m)
SOLAR
Jan5.821.630.451.887.62.224.8
Feb7.221.730.152.687.51.921.2
Mar5.620.629.552.890.31.617.6
Apr2.817.627.349.789.61.516.1
May2.213.824.046.988.21.413.9
Jun2.412.422.249.188.21.311.9
Jul0.810.722.441.287.41.313.4
Aug0.311.124.632.385.71.517
Sept0.614.026.137.486.11.720.2
Oct2.816.127.142.286.11.822.9
Nov2.519.128.945.985.51.925.5
Dec5.521.129.950.085.72.023.0

source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Red HillMiltonAuchenflowerPetrie TerraceKelvin GroveBardonAshgroveToowongSpring HillWest End

Public Transport

Cultural Centre - Less than 5 KM Milton Ferry Terminal - Less than 2 KM Central - Less than 5 KM Roma Street - Less than 5 KM Auchenflower - Less than 2 KM North Quay 1 - Less than 5 KM Regatta Ferry Terminal - Less than 5 KM South Bank Ferry Terminal 1 - Less than 5 KM Toowong - Less than 5 KM North Quay 2 - Less than 5 KM

General Points of Interest

United States Army Units in Yeronga Park - Less than 10 KM CrossFit - Less than 5 KM Payne Road Equestrain Facility - Less than 10 KM Cannon - Less than 5 KM Chaplainwatch (social centre) - Less than 5 KM Brookside Shopping Centre - Less than 10 KM X-Golf - Less than 5 KM IGA Marketplace - Less than 10 KM Downfall Creek Bushland Centre - Less than 10 KM Walter Hill Fountain - Less than 5 KM

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