Powered by MOMENTUM MEDIA
AREA REPORTS

Paddington

Suburb Profile

Paddington - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4064

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 9.22% capital gain.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,125,000.

Profits due to an upward trend in home prices there averaged 3.07% per annum over a 3-year period.

Home owners selling their properties and realtors in PADDINGTON usually have to wait an average of 69.5 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $635 mark, reflecting a 2.94% increase in returns based on the current median price in PADDINGTON.

PADDINGTON, 4064 places th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,125,000 $510,000
GROWTH REPORT
Median Quarterly 0% 2.31%
Median 12 month -4.86% 14.86%
Median 3 years 9.22% 0%
Median 5 years 27.84% -3.13%
10 years average annual 3.49% 1.96%
Weekly media advert. rent $635 $420
Time on Market 69.5 days 58.7 days
Gross Rental Yield Percent 2.94% 4.28%
demographics (median values)
Total Population
7622
Weekly Household Income
1489
Household Size
2.30
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

First home buyers guide: Grants and assistance in each state and territory

First home buyers guide: Grants and assistance in each state and territory

The federal and local governments have launched several grants and assistance programs to help their citizens achieve the great Australian d...

Summer selling dwindles as autumn kicks off

Summer selling dwindles as autumn kicks off

Fewer homes are scheduled for auction this week as the months-long acceleration in the auction market cools off. ...

Plan to tackle rental shortage desperately needed in Perth

Plan to tackle rental shortage desperately needed in Perth

With Perth’s vacancy rate at the lowest it has been in 40 years, REIWA is calling on the political parties to commit to tackling the state...

How important is a buyer’s agent in a rising market?

In a hotly contested seller’s market, investors are being alerted to the importance of a good buyer’s agent. ...

WA emerges as the most affordable state in the country

WA emerges as the most affordable state in the country

Western Australia has emerged as the most affordable state in the country for housing, despite an overall decline in affordability between t...

Perth

6-month transition period announced ahead of tenancy moratorium end

With the end of the moratorium on evictions in sight, the NSW government has announced a new measure aimed to assist the residential tenancy...

Website Notifications

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