OFF MARKET

4/5 Bates Avenue
Paddington NSW 2021

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 427m2
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Last updated 11 Nov 2024
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Property Details for 4/5 Bates Ave, Paddington

4/5 Bates Ave, Paddington is a 2 bedroom, 1 bathroom Unit. The property has a land size of 427m2.

Building Type
Unit
Land Size
427m2
Local Government
Woollahra

Last Listing description (March 2022)

Located only moments away from 5x ways and nestled within a quiet cul-de-sac street, you will find this bright and airy art-deco style apartment. This apartment does a fantastic job of blending art-deco style with modern touches, all wrapped up in a easy to maintain and conveniently located package

- Neat kitchen with tiled floor, electric cooking

- Spacious main bedroom complete with built-in robe
- Modern appointed wall to floor tiled bathroom, featuring internal laundry facilities
- High ornate high ceilings feature throughout along with timber flooring
- Second bedroom can be considered a flex space with multiple uses, either bedroom, study, sun-room, or otherwise, unfortunately no pets are allowed.
- Minutes to Five Ways, cafes, Paddington shopping district, Rushcutters Bay

Disclaimer: The photos used in this advert are not unit 4, but for unit 1 in the block. However, layout, fixtures/fittings and condition are similar to the unit advertised. New photos will be obtained in due course for unit 4

Property History for 4/5 Bates Ave, Paddington, NSW 2021

A timeline of how this property has performed in the market
Listed for Rent
$600/w
08 Mar 2022
  • 21 Feb 2022
    Listed for Rent $600 / 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 7,594 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 22 properties listed for sale, and 36 properties listed for rent in Paddington on OnTheHouse. According to CoreLogic's data, 321 properties were sold in the past 12 months in Paddington.

Suburb Insights for Paddington 2021

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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.