If you compare the increase in value of investment property in Paddington, 2021 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 17.65%.
Comparing Paddington,2021 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 717th of NSW’s most discounted properties, Paddington is in the middle of the state/territory when listing in order of most discounted to least.
Advertised rents are around the $1150 mark per week – giving a return of 2.60% based on the median price in Suburb
Property value increases in Paddington have tracked higher than the NSW average of 8.63% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Paddington comes in at number 159th in NSW.
The most recent median price for Paddington is $950000, with sellers offering an average of -2.89% off the asking price.
Residents and property investors in Paddington have been waiting around 56.4 days to sell a property.
Paddington, 2021’s gross rental yield is 3.01%