SOLD
Sold on 25 Jan 2024 for $405,000

3/56 Hopewell Street
Paddington NSW 2021

Bedrooms: -
Bathrooms: 1
Car spaces: -
Floor area: 22m2
Land area: 22m2
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Property Details for 3/56 Hopewell St, Paddington

3/56 Hopewell St, Paddington is a 0 bedroom, 1 bathroom Unit and was built in 1965. The property has a land size of 22m2 and floor size of 22m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 0 bedroom Unit sold in Paddington in the last 12 months.

Building Type
Unit
Year Built
1965
Floor Size
22m2
Land Size
22m2
Local Government
Woollahra
Lot/Plan
3/SP10424

Last Listing description (May 2024)

Experience a delightful and bright living space in this charming studio apartment located in the highly desirable Paddington neighborhood. Positioned in the serene Hopewell Street, "Glencoe Lodge". A peaceful lifestyle and serves as a wonderful entry into the sought-after Paddington market.

Please do not apply for this property until you have inspected.

+ Sunlit studio, peaceful location in "Glencoe Lodge".

+ Convenient ground floor position, North facing.
+ Spacious kitchen and contemporary bathroom.
+ Bright North Facing Aspect, Timber-flooring.
+ Walk to cafes, eateries, array of chic boutiques.
+ Mins to Oxford St, 5-Ways, Cent. Park

Property History for 3/56 Hopewell St, Paddington, NSW 2021

A timeline of how this property has performed in the market
Last Sold
$405,000
25 Jan 2024
Listed for Rent
$475/w
14 Nov 2023
  • 30 May 2024
    Listed for Rent $480 / week
  • 25 Jan 2024
    Sold for $405,000
  • 10 Nov 2023
    Listed for Rent $475 / week
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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 7,590 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 20 properties listed for sale, and 36 properties listed for rent in Paddington on OnTheHouse. According to CoreLogic's data, 314 properties were sold in the past 12 months in Paddington.

Suburb Insights for Paddington 2021

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Laing + Simmons East Group
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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.