SOLD
Sold on 13 Jul 2024 for $375,000

21/54 Hopewell Street
Paddington NSW 2021

Bedrooms: -
Bathrooms: 1
Car spaces: -
Land area: 23m2
Sold By
DiJones Eastern Suburbs
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Property Details for 21/54 Hopewell St, Paddington

21/54 Hopewell St, Paddington is a 0 bedroom, 1 bathroom Unit and was built in 1975. The property has a land size of 23m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 0 bedroom Unit sold in Paddington in the last 12 months.

Building Type
Unit
Year Built
1975
Land Size
23m2
Local Government
Woollahra
Lot/Plan
21/SP10438

Last Listing description (August 2024)

Take advantage of a first-rate location and capitalise on immense renovation potential of this light filled studio apartment. Embracing lush outlooks makes for an exciting entry-level choice for savvy investors and owner-occupiers alike. The property is situated in a quiet pocket in one of Sydney's most coveted suburbs, only a stroll from popular shops, restaurants, caf?s, supermarkets and buses along Oxford Street while moments to the city.

- Exceptional chance to completely renovate into modern Eastern Suburbs haven
- Light filled easycare interiors include gas kitchen as well as bathroom

- Solid full brick complex provides access to coin operated community laundry
- Walk to vibrant Oxford Street, Five Ways and local parklands plus close to Kings Cross
- Easy access to buzzing shopping precincts and lifestyle attractions in CBD

Property History for 21/54 Hopewell St, Paddington, NSW 2021

A timeline of how this property has performed in the market
Last Sold
$375,000
13 Jul 2024
  • 13 Jul 2024
    Sold for $375,000
  • 06 Jun 2024
    Listed for Sale For Sale $395,000
  • 08 Dec 2000
    Sold for $136,000
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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 7,684 properties. Over the last 5 years, Houses in Paddington have seen a 32.50% increase in median value, while Units have seen a 22.70% increase. As at 30 November 2024:

  • The median value for Houses in Paddington is $3,301,141 while the median value for Units is $1,150,315.
  • Houses have a median rent of $1,350 while Units have a median rent of $700.
There are currently 18 properties listed for sale, and 25 properties listed for rent in Paddington on OnTheHouse. According to CoreLogic's data, 320 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.