Suburb Profile Report for Paddington NSW (2021)

Paddington House: Median price $2,090,000, Annual capital growth 6.56%, Number of sales 236, Weekly median advertised rent $1,100

Paddington Unit: Median price $860,000, Annual capital growth 6.61%, Number of sales 93, Weekly median advertised rent $530

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Paddington has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 19.19% to date .

Comparing Paddington,2021 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property buyers and investors in Paddington 2021 should be seeing an average reduction in asking price of around -2.27% . This means that Paddington is holding prices well when compared to other suburbs in NSW.

Advertised rents are around the $1100 mark per week – giving a return of 2.74% based on the median price in Suburb

Paddington has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 9.55% to date .

The five-year average increase in median property values for Paddington,2021 has given property investors a potential capital gain of 44.54% across each of those five years.

The most recent median price for Paddington is $860000, with sellers offering an average of -4.90% off the asking price.

Metrics i HOUSE UNIT
$2,090,000 $860,000
1.95% 17.01%
19.19% 9.55%
6.56% 6.61%
$1,100 $530
236 93
2.74% 3.20%
43.97 49.75

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 12135
Median household income ($/weekly) 2290
Median age of persons 35
Median housing loan repayment ($/monthly) 3467
Average household size 2.1
  • Census Count Percent(%)
    25-34 years 3136 25.8
    35-44 years 2330 19.2
    45-54 years 1429 11.8
    55-64 years 1200 9.9
    65-74 years 872 7.2
    Others 3168 26.1
    Age Group
    Census Count Percent(%)
    Not Married 4330 49.2
    Registered Married 3033 34.5
    Defacto Relationship 1435 16.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 6993 65.8
    Papua New Guinea 446 4.2
    United Kingdom 1222 11.5
    United States of America 192 1.8
    Other 626 5.9
    Others 1154 10.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 191 1.9
    Christianity 5865 57.7
    Hinduism 50 0.5
    Judaism 298 2.9
    No Religion 3674 36.1
    Others 93 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 287 6.3
    $1,500-$1,999 463 10.2
    $2,500-$2,999 830 18.2
    $3,000-$3,499 341 7.5
    $4,000 or more 791 17.4
    Others 1839 40.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5213 55.5
    Not in the labour force 2007 21.4
    Employed, worked part-time 1551 16.5
    Employed, away from work 357 3.8
    Unemployed, looking for work 257 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 1484 20.9
    Professionals 3322 46.7
    Community & personal service workers 450 6.3
    Clerical & administrative workers 814 11.4
    Sales 468 6.6
    Others 578 8.1
    Occupation
    Census Count Percent(%)
    Pre-school 167 8.2
    Infants/Primary 503 24.8
    Secondary 305 15.0
    Technical or Further Educational Institution 137 6.7
    University or other Tertiary Institutions 818 40.3
    Others 101 5.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Semi-detached, row or terrace house, townhouse 7241 70.5
    Flat, unit or apartment 2244 21.9
    Separate house 716 7.0
    House or flat attached to a shop, office 69 0.7
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2374 47.5
    Fully owned 1327 26.6
    Being purchased 1273 25.5
    Other tenure type 24 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals