Unit 3, 63 Paddington STREET Paddington NSW 2021
This property is Off Market
- The Average property price in this area is $2,842,194, this is based on recent transactions.
- Internet speed Download 1000 Mbps / Upload 400 Mbps
- Distance to the coast 1.21 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 10/24/2024 35 CALEDONIA ST $564,000
- 10/23/2024 63 GOODHOPE ST $3,450,000
- 10/18/2024 14 ELFRED ST $2,600,000
- 10/18/2024 50 WILLIAM ST $2,625,000
- 10/17/2024 96 SUTHERLAND ST $2,080,000
About Paddington - Moore Park
With an average age of 35, households expect an average monthly mortgage payment of $4,892 or a weekly rent payment of $878. The average family earns a weekly income of $4,785 with a typical household size of 2.3 and a 94.08% employment rate.
Consistent high demand relative to supply is a key feature in Paddington driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Paddington ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Paddington classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Paddington necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Public Transport
Capitol Square
Central
Museum
Edgecliff
Bondi Junction
Kings Cross
St James
Town Hall
Darling Point
Double Bay Wharf
General Points of Interest
Skyview Shopping Plaza
Pelican
Wombat
Fanny Durack Aquatic Centre
Kogarah Golf Course
Camperdown Fitness
War Memorial
Charles Moore
Woolstores Alexandria Monument
Long Bay Correctional Centre
Population
(Country of Birth not stated 5%)
Are people healthy?
There are a recorded 1273 asthma sufferers and 504 people living with diabetes. In addition, 511 people have a heart/vascular condition and 746 people live with three or more chronic diseases.A good place to invest in property?
Paddington - Moore Park a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
New South Wales State average 59 / 100
Income
85 / 100
31 / 100
Industry
59 / 100
22 / 100
Population
31 / 100
19 / 100
House Prices
94 / 100
60 / 100
Jobs
59 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsPaddington PS Rose Bay SC Inner Sydney HS
Property Story
Unit 3, 63 Paddington Street, Paddington, Nsw, 2021 is a residential property . The estimated distance to the sea is only 1.21km and at least 1.16KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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