3 Heeley St, Paddington is a 3 bedroom, 1 bathroom House and was built in 1890. The property has a land size of 76m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in August 2020.
Original terraces in Paddington are increasingly hard to find and few offer as much potential as this 1890s classic in a tightly held pocket between Oxford Street and Five Ways. Available for the first time in over 20 years, the two-storey terrace is in dilapidated condition offering a prime canvas for transformation into a contemporary masterpiece. A spacious layout, original period features and large attic with ladder access present the ideal foundations for renovation with scope to extend to the boundary and add a third level (STCA). Be inspired by its vintage charm and prized hilltop setting affording views out over the harbour from a traditional iron lacework balcony and out over the city skyline from the rear. A basic revamp will ensure a rental income during the DA process while it's prized location just 200m to Five Ways' village hub is a short walk to The Intersection's fashion precinct, arthouse cinemas and first class shopping and dining.
- A rare original Paddington classic
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:
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