Paddington, NSW
FAIR VALUE15,117 sales · 36 years of data · NSW, Australia
Paddington, NSW Property Market Overview
Paddington, NSW 2021, is a highly sought-after suburb located in Sydney's Eastern Suburbs, renowned for its Victorian architecture and vibrant atmosphere. Our analysis of the Paddington property market spans 36 years, capturing 15,117 recorded sales. The current median property price across all dwelling types in Paddington stands at $3,050,000.
Paddington's property landscape is diverse, encompassing both grand terrace houses and modern apartments. Currently, the median house price is $3,650,000, reflecting the premium attached to freestanding homes in this desirable location. Apartments in Paddington have a current median price of $927,500. These figures represent a snapshot of the market as of early 2026 and provide a foundation for understanding Paddington's property dynamics.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Paddington
Top streets in Paddington, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Macdonald St | $4,175,000 |
| 2 | Windsor St | $4,370,000 |
| 3 | Jersey Rd | $5,700,000 |
| 4 | Glenmore Rd | $4,762,500 |
... and 186 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Hargrave Lane | $36,569/m² |
| 2 | Suffolk St | $42,962/m² |
| 3 | Norfolk St | $36,495/m² |
| 4 | Little Napier St | $37,613/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Suffolk St | +11.4% |
| 2 | Leinster St | +8.7% |
| 3 | Bent St | +11.4% |
| 4 | West St | +9.6% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
| # | Address | Median |
|---|---|---|
| 1 | 180 Glenmore Rd | $1,500,000 |
| 2 | 110 Cascade St | $1,815,000 |
| 3 | 8 Hampden St | $1,075,000 |
| 4 | 13 Oatley Rd | $1,192,500 |
... and 111 more buildings
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Paddington analysis
190 streets and 115 buildings to explore
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Paddington at a Glance
Paddington, NSW
Map data © OpenStreetMap contributors
Local Amenities
Living in Paddington, NSW
Living in Paddington offers a vibrant and sophisticated lifestyle. The suburb is renowned for its charming Victorian terraces, boutique shops, and art galleries. Families are drawn to Paddington due to its proximity to excellent schools like Paddington Public School and Sydney Grammar School.
Residents enjoy easy access to Centennial Park, a sprawling green space perfect for recreation and relaxation. Paddington is also well-connected, with frequent bus services and proximity to Edgecliff train station. The suburb's lively atmosphere is enhanced by its numerous cafes, restaurants, and pubs, creating a strong sense of community.
Who Buys in Paddington?
Paddington attracts a diverse range of buyers, including families, professionals, and downsizers. The high median house price of $3,650,000 suggests that Paddington is particularly appealing to established families seeking spacious homes in a desirable location. The availability of apartments, with a median price of $927,500 and a strata percentage of 23.0%, also attracts younger professionals and investors. Paddington's consistent long-term growth, as evidenced by its strong CAGR figures, makes it an attractive option for those seeking capital appreciation.
Market Analysis
As of early 2026, our analysis indicates that the Paddington property market is near its long-term trend, suggesting fair value. This means that current property prices are broadly aligned with historical growth patterns and underlying market fundamentals.
Understanding Paddington's position in the property cycle is crucial for interpreting price movements and making informed decisions. While the market is currently assessed as being near its long-term trend, it's essential to monitor key economic indicators and local market dynamics to anticipate future shifts.
Is Paddington a Good Investment?
Paddington's enduring appeal as a property market stems from its prime location, historical significance, and strong community. The suburb's consistent growth, reflected in its 10-year CAGR of 6.7% and full-period CAGR of 7.3%, underscores its long-term value. While the Paddington property market is currently near its long-term trend, its underlying fundamentals remain strong.
The desirability of Paddington is further bolstered by its proximity to the CBD, excellent schools, and lifestyle amenities. The mix of heritage properties and modern apartments caters to a diverse range of buyers, ensuring ongoing demand. The suburb's unique character and vibrant atmosphere contribute to its enduring appeal.
Paddington Market Outlook
As of early 2026, the Paddington property market is assessed as being near its long-term trend. Recent price trends indicate a stable market, with values holding steady. While conditions can change, the current assessment suggests a balanced market in Paddington. Ongoing monitoring of market indicators is essential to understand potential future movements.
Streets & Location in Paddington, NSW
Paddington, postcode 2021, boasts a prime location in Sydney's Eastern Suburbs, known for its leafy streets and proximity to the CBD. Among the most prestigious streets in Paddington are Cambridge Street, Moore Park Road, and MacDonald Street, which command premium prices reflecting their desirable locations and quality residences. With a total of 190 streets, Paddington offers a variety of residential options, each contributing to the suburb's unique character.
Market Dynamics
The average settlement timeframe for properties in Paddington is 56 days, reflecting a relatively efficient transaction process. Data regarding quick-flip percentages is currently unavailable. The property market in Paddington is driven by a mix of owner-occupiers and investors, contributing to a dynamic and competitive environment. As of early 2026, the suburb continues to see active buying and selling behaviour.
Development & Density
Paddington features a mix of housing types, with a blend of heritage terraces and contemporary apartments. There are approximately 115 apartment buildings in Paddington, contributing to a higher density in certain areas of the suburb. This mix of development provides a range of housing options to suit different lifestyles and budgets. Ongoing development in Paddington balances preservation of its historic character with the need for modern living spaces.
Growth & Property Mix
Paddington has demonstrated consistent long-term growth in property values. Over the past 10 years, Paddington has achieved a Compound Annual Growth Rate (CAGR) of 6.7%. Looking further back, the 20-year CAGR stands at 6.6%, while the full-period CAGR, encompassing the entire 36-year dataset, is 7.3%. The property mix in Paddington is diverse, with approximately 23.0% of properties being strata title apartments.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.