Thinking about buying in Paddington? Now could not be a better time, with 6613 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,699,000 with prices in this suburb ranging from $288,000 to $11,079,000. The aproximate distance to the coast is 14 Km.
Median Weekly Rent | $472.94 |
Median Monthly Mortgage | $2711.88 |
Median Persons Per Bedroom | 0.82 |
Average Household Size | 2.50 |
Average Age | 33.44 |
Average Income | $1228.41 |
Average Cars Per Dwelling | 1.68 |
Average Properties Within 50M | 29 |
1 Bed  $895,000 |
2 Bed  $938,000 |
3 Bed  $1,636,000 |
4 Bed  $2,476,000 |
5 Bed  $3,201,000 |
6 Bed+$3,060,000 |
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. High density population in Paddington requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. 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.
UNIT 1, 113 LATROBE TCE, PADDINGTON, QLD, 4064 | 2 | 1 | Contact Agent | ||
14 CARRINGTON ST, PADDINGTON, QLD, 4064 | 3 | 1 | 2 | 1400000 | |
8 BERNHARD ST, PADDINGTON, QLD, 4064 | 4 | 4 | 2 | 3000000 | |
19 BELMONT CR, PADDINGTON, QLD, 4064 | 4 | 3 | 2 | 3500000 | |
38 NASH ST, PADDINGTON, QLD, 4064 | 4 | 2 | 2 | 1600000 | |
141 LATROBE TCE, PADDINGTON, QLD, 4064 | 1 | 1 | 2 | 1900000 | |
19 MORRIS ST, PADDINGTON, QLD, 4064 | 6 | 5 | 2 | 2100000 | |
UNIT 2, 248 GIVEN TCE, PADDINGTON, QLD, 4064 | 2 | 1 | 1 | 650000 | |
UNIT 6, 29 BOWLER ST, PADDINGTON, QLD, 4064 | 3 | 2 | 1 | 900000 | |
50 UPPER CAIRNS TCE, PADDINGTON, QLD, 4064 | 6 | 3 | 2 | 9500000 | |
33 ELIZABETH ST, PADDINGTON, QLD, 4064 | 4 | 4 | 2 | 2800000 | |
UNIT 7, 36 COLLINGWOOD ST, PADDINGTON, QLD, 4064 | 3 | 2 | 1 | 1000000 | |
9 BELMONT CR, PADDINGTON, QLD, 4064 | 5 | 4 | 2 | 4500000 |
Petrie Terrace State School
Milton State School
Ithaca Creek State School
Albert Park Flexible Learning Centre
Rainworth State School
Red Hill Special School
Brisbane Grammar School
St Joseph's School
Queensland Academy for Creative Industries
Hubbard's School
(While the above schools are located with the suburb of Paddington there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 5.8 | 21.6 | 30.4 | 51.8 | 87.6 | 2.2 | 24.8 |
Feb | 7.2 | 21.7 | 30.1 | 52.6 | 87.5 | 1.9 | 21.2 |
Mar | 5.6 | 20.6 | 29.5 | 52.8 | 90.3 | 1.6 | 17.6 |
Apr | 2.8 | 17.6 | 27.3 | 49.7 | 89.6 | 1.5 | 16.1 |
May | 2.2 | 13.8 | 24.0 | 46.9 | 88.2 | 1.4 | 13.9 |
Jun | 2.4 | 12.4 | 22.2 | 49.1 | 88.2 | 1.3 | 11.9 |
Jul | 0.8 | 10.7 | 22.4 | 41.2 | 87.4 | 1.3 | 13.4 |
Aug | 0.3 | 11.1 | 24.6 | 32.3 | 85.7 | 1.5 | 17 |
Sept | 0.6 | 14.0 | 26.1 | 37.4 | 86.1 | 1.7 | 20.2 |
Oct | 2.8 | 16.1 | 27.1 | 42.2 | 86.1 | 1.8 | 22.9 |
Nov | 2.5 | 19.1 | 28.9 | 45.9 | 85.5 | 1.9 | 25.5 |
Dec | 5.5 | 21.1 | 29.9 | 50.0 | 85.7 | 2.0 | 23.0 |
source: Australian Government Bureau of Meteorology
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