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Paddington NSW 2021: Property Market Report & Real Estate Insights

Part of Woollahra, NSW

Property Market

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

Typical House Prices

1 bed property $1,244,000
2 bed property $2,309,000
3 bed property $4,112,000
4 bed property $5,278,000
5 bed property $7,353,000
6 bed+ property $5,727,000

Typical Homes & Property Types

Average Internet Speeds in Paddington

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Paddington Real Estate Market Outlook

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.

Living in Paddington

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.

Instant Property Valuation

Paddington, located in the Woollahra municipality of New South Wales, is renowned for its charming Victorian terraces and vibrant, arty atmosphere. The housing market in Paddington is highly competitive, reflecting its desirability and the unique character of the suburb. Homes here are predominantly elegant terraces that reflect historical charm, coupled with modern conversions that enhance liveability while preserving aesthetic appeal. Prices are notably high due to the area's prestige and proximity to Sydney’s central business district, making it particularly attractive to professionals and families seeking a blend of convenience and lifestyle. The strong demand in Paddington is supported by its heritage appeal, its unique combination of old-world charm, and the trendy, bustling village vibe, which continue to maintain strong property values.

Living in Paddington offers a dynamic mix of urban convenience and cultural vitality. The suburb is dotted with bustling cafes, boutique shopping options, and art galleries that contribute to its reputation as a cultural hub within Sydney. Oxford Street, a popular thoroughfare, forms the backbone of Paddington’s social life with an array of eateries, bars, and storefronts. Residents enjoy a strong sense of community, with local markets and regular events fostering close-knit connections among locals. Furthermore, the area's well-maintained parks and proximity to Centennial Park offer a lush escape for outdoor enthusiasts. Despite its energetic vibe, Paddington retains a relaxed, village-like ambience that appeals to both a younger crowd and more established residents seeking a peaceful yet engaging lifestyle.



Recently Sold Properties

Settlement Date Sale Price Property Address Details
2026-01-22 $6,500,000 37 Regent Street Paddington, NSW
2026-01-20 $1,450,000 5 / 186 Glenmore Road Paddington, NSW
2026-01-20 $6,100,000 244 Moore Park Road Paddington, NSW
2026-01-19 $4,000,000 141 Underwood Street Paddington, NSW
2026-01-19 $2,165,000 305 / 357 Glenmore Road Paddington, NSW
2026-01-16 $2,850,000 154 Boundary Street Paddington, NSW
2026-01-16 $4,000,000 52 Dillon Street Paddington, NSW
2026-01-16 $4,200,000 24 Heeley Street Paddington, NSW
2026-01-15 $3,200,000 23 Hopewell Street Paddington, NSW
2026-01-14 $5,250,000 160 Sutherland Street Paddington, NSW
2026-01-14 $900,000 41 / 204 Jersey Road Paddington, NSW
2026-01-14 $490,000 61 / 339 Oxford Street Paddington, NSW
2026-01-13 $1,610,000 7 / 188 Glenmore Road Paddington, NSW
2026-01-09 $3,470,000 18 Bent Street Paddington, NSW
2025-12-31 $695,000 108 / 176 Glenmore Road Paddington, NSW
2025-12-24 $680,000 10 / 8 Underwood Street Paddington, NSW
2025-12-22 $1,011,000 10 / 40 Stephen Street Paddington, NSW
2025-12-22 $3,430,000 15 West Street Paddington, NSW
2025-12-22 $2,920,000 29 Alexander Street Paddington, NSW
2025-12-22 $5,000,000 11 Walter Street Paddington, NSW
2025-12-19 $3,620,000 15 Neild Avenue Paddington, NSW
2025-12-19 $2,250,000 53 Comber Street Paddington, NSW
2025-12-19 $4,635,000 267 Glenmore Road Paddington, NSW
2025-12-19 $4,530,000 103 Paddington Street Paddington, NSW
2025-12-19 $2,725,000 66 Glenmore Road Paddington, NSW
2025-12-19 $4,500,000 76 Windsor Street Paddington, NSW
2025-12-19 $6,700,000 59 Cambridge Street Paddington, NSW
2025-12-19 $860,000 4 / 52 Glenmore Road Paddington, NSW
2025-12-17 $6,000,000 147 Paddington Street Paddington, NSW
2025-12-17 $3,450,000 33 Brown Street Paddington, NSW
2025-12-16 $4,725,000 109 Glenmore Road Paddington, NSW
2025-12-16 $4,180,000 96 Liverpool Street Paddington, NSW
2025-12-16 $980,000 25 / 186 Sutherland Street Paddington, NSW
2025-12-16 $4,050,000 166 Underwood Street Paddington, NSW
2025-12-15 $4,620,000 24 Hopetoun Street Paddington, NSW
2025-12-15 $2,000,000 41 / 110 Cascade Street Paddington, NSW
2025-12-15 $2,750,000 96 Underwood Street Paddington, NSW
2025-12-15 $4,700,000 49 Brown Street Paddington, NSW
2025-12-15 $3,000,000 50 William Street Paddington, NSW
2025-12-15 $4,800,000 158 Jersey Road Paddington, NSW
2025-12-12 $5,300,000 16 Suffolk Street Paddington, NSW
2025-12-12 $2,680,000 5 Napier Street Paddington, NSW
2025-12-12 $1,800,000 284 South Dowling Street Paddington, NSW
2025-12-12 $983,000 1 / 57 Regent Street Paddington, NSW
2025-12-12 $905,000 25 / 228 Moore Park Road Paddington, NSW
2025-12-11 $2,911,500 502 / 357 Glenmore Road Paddington, NSW
2025-12-10 $5,000,000 65 Brown Street Paddington, NSW
2025-12-10 $2,150,000 13 Wentworth Street Paddington, NSW
2025-12-10 $6,615,000 21 Bent Street Paddington, NSW
2025-12-10 $5,000,000 65 Brown Street Paddington, NSW

Local Schools

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

Is Paddington a safe suburb?

Incidents Trend State Average

We are currently collecting information for this location.

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Balmain East 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
Jan2.520.327.652.485.5023.2
Feb4.320.127.054.286.5019.6
Mar6.518.925.954.587.3015.9
Apr5.915.323.551.489.0013.9
May2.612.321.247.584.4011.4
Jun4.610.318.550.385.409.1
Jul2.69.018.243.782.1010.4
Aug2.69.719.739.480.2013.1
Sept1.412.522.437.080.2017.8
Oct2.215.023.742.782.8021.1
Nov3.417.125.349.285.2023.4
Dec2.118.726.449.284.8024.4

source: Australian Government Bureau of Meteorology


Nearby Suburbs

EdgecliffRushcutters BayDarlinghurstElizabeth BayMoore ParkWoollahraDarling PointSurry HillsDouble BayWoolloomooloo

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