OFF MARKET

1/56 Ormond Street
Paddington NSW 2021

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 68m2
Land area: 68m2
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Property Details for 1/56 Ormond St, Paddington

1/56 Ormond St, Paddington is a 2 bedroom, 1 bathroom Unit and was built in 1890. The property has a land size of 68m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
Unit
Year Built
1890
Floor Size
68m2
Land Size
68m2
Local Government
Woollahra
Lot/Plan
1/SP31878

Last Listing description (April 2022)

Tucked away between Oxford Street and Five Ways, this tastefully renovated maisonette occupies the entire ground floor of a tightly held 1920s block of three with direct access to beautifully landscaped gardens giving it a welcoming house-like feel. A peaceful and private oasis in the cosmopolitan heart of Paddington, the two-bedroom apartment's newly refreshed interiors, elegant proportions and period details make a perfect alternative to a terrace. Windows on the north side bathe the living space in sunshine while the shared gardens offer plentiful space to relax or entertain alfresco with manicured lawns and a romantic ivy framed terrace. Set on a one-way street just 200m to Paddington Town Hall and the buzz of Oxford Street, there's rear pedestrian laneway access to Five Ways with art house cineama, galleries and designer boutiques all around.

- Garden apartment in a block of only 3
- House-like feel with no common walls

- Direct access to landscaped gardens
- Common courtyard and a sunny lawn
- Newly refreshed and bathed in light
- Timber floorboards and high ceilings
- 2 double bedrooms, sash windows
- Bay fronted main with built-in robes
- Free-flowing living and dining rooms
- Granite kitchen with timber cabinetry
- Integrated stainless steel appliances
- White-tiled bathroom with a bath
- Internal laundry and plantation shutters
- Stroll to cafes, boutiques and cinemas
- 250m to Five Ways neighbourhood hub
- Footsteps to dog-friendly RHW Park
- Easy access to the city and beaches

Property History for 1/56 Ormond St, Paddington, NSW 2021

A timeline of how this property has performed in the market
Last Sold
$1,260,000
14 Apr 2022
Listed for Rent
$820/w
06 Dec 2018
  • 14 Apr 2022
    Sold for $1,260,000
  • 16 Mar 2022
    Listed for Sale For Sale $1,250,000 - $1,350,000
  • 30 Jan 2019
    Sold for $915,000
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About Paddington 2021

The size of Paddington is approximately 1.6 square kilometres. It has 28 parks covering nearly 12.1% of total area. The population of Paddington in 2011 was 12,135 people. By 2016 the population was 12,889 showing a population growth of 6.2% in the area during that time. The predominant age group in Paddington is 30-39 years. Households in Paddington are primarily childless couples 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, 51.1% of the homes in Paddington were owner-occupied compared with 51.5% in 2016.

Paddington has 7,598 properties. Over the last 5 years, Houses in Paddington have seen a 40.61% increase in median value, while Units have seen a 15.75% increase. As at 31 October 2024:

  • The median value for Houses in Paddington is $3,379,871 while the median value for Units is $1,129,007.
  • Houses have a median rent of $1,350 while Units have a median rent of $700.
There are currently 27 properties listed for sale, and 35 properties listed for rent in Paddington on OnTheHouse. According to CoreLogic's data, 325 properties were sold in the past 12 months in Paddington.

Suburb Insights for Paddington 2021

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.