With a capital gain of 19.67% for the last 12 months, Paddington, 2021 has performed for property investments than its average annual 7.03% property growth over the last 5 years.
Across a shorter period, Paddington, 2021 has seen a median price increase of 3.06% over the last quarter.
Paddington2021 is located in NSW which offers an average discount of -5.49% to property investors. Paddington itself is showing figures that indicate -3.77% is the average achievable by property buyers investing in the suburb.
At number 1023 in a list of fastest selling suburbs, Paddington is in the TOP 30% of suburbs in Australia with an average of days on market 60.93 for properties listed there.
The NSW suburb of Paddington, 2021 is in the Woollahra local government area.
Paddington has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 26.37% to date .
The five-year average increase in median property values for Paddington,2021 has given property investors a potential capital gain of 53.33% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Paddington is offering property investors an average of -4.33. This rate of discount on properties puts Suburb at number 343th in terms of most discounted suburbs in NSW