SOLD
Sold on 02 Feb 2024 for $360,000

26/54 Hopewell Street
Paddington NSW 2021

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 26m2
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Property Details for 26/54 Hopewell St, Paddington

26/54 Hopewell St, Paddington is a 1 bedroom, 1 bathroom Unit and was built in 1975. The property has a land size of 26m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in Paddington in the last 12 months.

Building Type
Unit
Year Built
1975
Land Size
26m2
Local Government
Woollahra
Lot/Plan
26/SP10438

Last Listing description (February 2024)

Holding a prized top floor position, this bright studio apartment ticks all the boxes for a fantastic low maintenance investment opportunity in one of Sydney's most sought-after suburbs. Flooded with natural light and enjoying gorgeous leafy views, it's tucked away in a tranquil enclave, offering an effortless lifestyle with easy access to transport, Five Ways and an array of shops and cafes. This apartment represents the perfect eastern suburbs retreat, and it's a fabulous entry level choice for investors or owner occupiers.

Bright and well-proportioned interiors with quality carpeting
Balcony enjoys easterly sunshine and views across the treetops

Neatly appointed kitchen features a breakfast nook and gas stove
Great further scope to add stylish contemporary enhancements
Easycare apartment footsteps to Oxford Street's retail precinct
Solid full brick building with a coin operated communal laundry
Ideal investment with excellent rental appeal and strong returns
Metres from buses and supermarkets, easy access to the CBD

Property History for 26/54 Hopewell St, Paddington, NSW 2021

A timeline of how this property has performed in the market
Last Sold
$360,000
02 Feb 2024
Listed for Rent
$130/w
10 Sep 1994
  • 02 Feb 2024
    Sold for $360,000
  • 22 Jan 2024
    Listed for Sale Auction
  • 06 Sep 2023
    Sold
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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.

Suburb Insights for Paddington 2021

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Contact agent
Clay Brodie
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Jasmin Markham
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Ray White The Woollahra Group - Woollahra
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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.