Suburb Profile Report for Paddington NSW (2021)

Paddington House: Median price $2,300,000, Annual capital growth 7.36%, Number of sales 258, Weekly median advertised rent $1,150

Paddington Unit: Median price $995,000, Annual capital growth 8.85%, Number of sales 90, Weekly median advertised rent $550

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Paddington, 2021 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 21.05%

A 67.27% growth in median value for property investors in Paddington,2021 puts this suburb at number 257th in terms of best performing suburbs in NSW

LACK OF BUYER INTEREST may well be the reason that Paddington is offering property investors an average of -5.35. This rate of discount on properties puts Suburb at number 1126th in terms of most discounted suburbs in NSW

Advertised rents are around the $1150 mark per week – giving a return of 2.60% based on the median price in Suburb

Giving property investors a a solid capital gain of 22.09% for the last year, Paddington, 2021 is the 115th highest performer in Australia in this respect.

Taking the average capital gain, or increase in median house value, Paddington,2021 has racked up an average of 22.09% over the period. This ranks it number 57th in the whole country for real estate investors looking at median house price increases.

State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.23% offered to property buyers. Sellers in Paddington itself are offering an average vendor discount of -2.89% to real estate investors.

Paddington is 544th on a list of best yielding suburbs for rents in NSW with a 2.87% return

Metrics i HOUSE UNIT
$2,300,000 $995,000
6.98% 8.15%
21.05% 22.09%
7.36% 8.85%
$1,150 $550
258 90
2.60% 2.87%
54.7 62.46

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
Find a mortgage broker in Paddington NSW
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