SOLD
Sold on 29 Jun 2024 for $450,000

12/56 Hopewell Street
Paddington NSW 2021

Bedrooms: -
Bathrooms: 1
Car spaces: -
Floor area: 23m2
Land area: 26m2
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Property Details for 12/56 Hopewell St, Paddington

12/56 Hopewell St, Paddington is a 0 bedroom, 1 bathroom Unit and was built in 1975. The property has a land size of 26m2 and floor size of 23m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 0 bedroom Unit sold in Paddington in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
23m2
Land Size
26m2
Local Government
Woollahra
Lot/Plan
9/SP10424

Last Listing description (March 2024)

Located on the 1st floor of a sought after building is this freshly painted studio which is bathed in an overabundance of natural light. Features include a near new full modern gas kitchen with dishwasher and tiled bathroom, cosy living room with Built in robe and opening to a balcony with a leafy outlook. Floating timber floors and shared laundry, Short stroll to transport and cosmopolitan Oxford street shops.

Please contact our leasing department on 9358 8997.

Property Code: 1388

Property History for 12/56 Hopewell St, Paddington, NSW 2021

A timeline of how this property has performed in the market
Last Sold
$450,000
29 Jun 2024
Listed for Rent
$350/w
10 Oct 2016
  • 29 Jun 2024
    Sold for $450,000
  • 01 Mar 2024
    Listed for Rent $475 / week
  • 12 Jun 2019
    Sold for $405,000
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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 7,610 properties. Over the last 5 years, Houses in Paddington have seen a 46.37% increase in median value, while Units have seen a 23.43% increase. As at 30 September 2024:

  • The median value for Houses in Paddington is $3,417,735 while the median value for Units is $1,196,699.
  • Houses have a median rent of $1,350 while Units have a median rent of $700.
There are currently 33 properties listed for sale, and 35 properties listed for rent in Paddington on OnTheHouse. According to CoreLogic's data, 318 properties were sold in the past 12 months in Paddington.

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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.