FOR SALE
Auction

27 Collingwood Street
Paddington QLD 4064

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Land area: 708m2
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708m2*, Elevated Paddington Location with City Views

Seldom does a property come to the market where 708m2*, in a prime, elevated location in central Paddington.
Nestled within minutes of the cultural Paddington hub, you are minutes from some of the area's most sought after dining and cultural precincts as well as easy access to public transport and all major amenities.
Set on an oversized 708m2*, the savvy buyer will be treated to the unique opportunity to redevelop and renovate the existing dwelling to create a generational home.
The existing dwelling oozes in character appeal with wrap around balcony, high ceilings, wide timber floors, spacious rear balcony, and a convenient configuration over two levels.
Investors will benefit from the low vacancy and strong rental returns for either long term investment or short-term earnings, whilst plans are being completed.
Summary:
• 708m2*, a rare find
• Over 20m* frontage
• Walking Distance to all amenities
• Character elements through
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Property Details for 27 Collingwood St, Paddington

27 Collingwood St, Paddington is a 4 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 708m2. The place is currently for sale with Ray White Paddington (Qld).

Building Type
House
Land Size
708m2

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About Paddington 4064

The size of Paddington is approximately 2.5 square kilometres. It has 10 parks covering nearly 1.4% of total area. The population of Paddington in 2011 was 7,986 people. By 2016 the population was 8,554 showing a population growth of 7.1% in the area during that time. The predominant age group in Paddington is 20-29 years. Households in Paddington are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Paddington work in a professional occupation. In 2011, 51.4% of the homes in Paddington were owner-occupied compared with 52.4% in 2016.

Paddington has 4,550 properties. Over the last 5 years, Houses in Paddington have seen a 62.58% increase in median value, while Units have seen a 59.92% increase. As at 30 September 2024:

  • The median value for Houses in Paddington is $1,888,432 while the median value for Units is $803,267.
  • Houses have a median rent of $820 while Units have a median rent of $560.
There are currently 29 properties listed for sale, and 16 properties listed for rent in Paddington on OnTheHouse. According to CoreLogic's data, 172 properties were sold in the past 12 months in Paddington.

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Mathew Abboud
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Ray White Paddington (Qld)
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