Powered by MOMENTUM MEDIA
Paddington
AREA REPORTS

Paddington

Paddington - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2021

house
unit

Property investors enjoyed capital gains of 14.96% over the last 12 months in PADDINGTON, translating to lower returns compared with its peers in NSW.

Figures from the previous quarter show that capital gains for real estate buyers in PADDINGTON are low, as opposed to average gains per annum over the past five years.

The suburb posted a 21.98% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $1100 based on current median home prices for the suburb.

On average, rents on listings have reached the $1100 mark, reflecting a 2.04% increase in returns based on the current median price in PADDINGTON.

PADDINGTON, 2021 ranks 745th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 1021st on the list of best yielding suburbs for rental properties in NSW, posting a 2.04% return.

Data report can be found below

Paddington
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,805,500 $1,100,000
GROWTH REPORT
Median Quarterly 4.29% 13.99%
Median 12 month 14.96% 15.79%
Median 3 years 21.98% 24.58%
Median 5 years 45.36% 48.65%
10 years average annual 7.62% 7.16%
Weekly media advert. rent $1100 $480
Time on Market 55.2 days 64.0 days
Gross Rental Yield Percent 2.04% 2.27%
demographics (median values)*
Total Population
15313
Weekly Household Income
2399
Household Size
2.10
Age
36
Monthly Loan Repayment
3223
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.