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Paddington
QLD, 4064 - Brisbane

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.

Household Makeup

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

Housing Stock

Average Property Prices

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

Paddington Real Estate Market Outlook

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.

Houses for sale Paddington

Belle Property UNIT 1, 113 LATROBE TCE, PADDINGTON, QLD, 4064 Beds2 Bathrooms1 Contact Agent
Ray White 14 CARRINGTON ST, PADDINGTON, QLD, 4064 Beds3 Bathrooms1 Parking 2 1400000
Ray White 8 BERNHARD ST, PADDINGTON, QLD, 4064 Beds4 Bathrooms4 Parking 2 3000000
Ray White 19 BELMONT CR, PADDINGTON, QLD, 4064 Beds4 Bathrooms3 Parking 2 3500000
Ray White 38 NASH ST, PADDINGTON, QLD, 4064 Beds4 Bathrooms2 Parking 2 1600000
Ray White 141 LATROBE TCE, PADDINGTON, QLD, 4064 Beds1 Bathrooms1 Parking 2 1900000
Ray White 19 MORRIS ST, PADDINGTON, QLD, 4064 Beds6 Bathrooms5 Parking 2 2100000
Ray White UNIT 2, 248 GIVEN TCE, PADDINGTON, QLD, 4064 Beds2 Bathrooms1 Parking 1 650000
Ray White UNIT 6, 29 BOWLER ST, PADDINGTON, QLD, 4064 Beds3 Bathrooms2 Parking 1 900000
Ray White 50 UPPER CAIRNS TCE, PADDINGTON, QLD, 4064 Beds6 Bathrooms3 Parking 2 9500000
Ray White 33 ELIZABETH ST, PADDINGTON, QLD, 4064 Beds4 Bathrooms4 Parking 2 2800000
Ray White UNIT 7, 36 COLLINGWOOD ST, PADDINGTON, QLD, 4064 Beds3 Bathrooms2 Parking 1 1000000
Ray White 9 BELMONT CR, PADDINGTON, QLD, 4064 Beds5 Bathrooms4 Parking 2 4500000

Local Schools

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)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Paddington weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan5.821.630.451.887.62.224.8
Feb7.221.730.152.687.51.921.2
Mar5.620.629.552.890.31.617.6
Apr2.817.627.349.789.61.516.1
May2.213.824.046.988.21.413.9
Jun2.412.422.249.188.21.311.9
Jul0.810.722.441.287.41.313.4
Aug0.311.124.632.385.71.517
Sept0.614.026.137.486.11.720.2
Oct2.816.127.142.286.11.822.9
Nov2.519.128.945.985.51.925.5
Dec5.521.129.950.085.72.023.0

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Red HillMiltonAuchenflowerPetrie TerraceKelvin GroveBardonAshgroveToowongSpring HillWest End

Public Transport


General Points of Interest

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