OFF MARKET

40 Union Street
Paddington NSW 2021

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 98m2
Land area: 143m2
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Property Details for 40 Union St, Paddington

40 Union St, Paddington is a 2 bedroom, 1 bathroom House and was built in 1890. The property has a land size of 143m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in March 2002.

Building Type
House
Year Built
1890
Floor Size
98m2
Land Size
143m2
Local Government
Woollahra
Lot/Plan
4/DP220371

Last Listing description (June 2022)

Taking center stage in a landmark row of Victorian terraces, renowned as Paddington's quintessential 'Gingerbread Houses', this single floor residence is positioned in a prestigious enclave convenient to Five Ways. Offering a 5m frontage, this gorgeous home offers a superb opportunity for a downsizer to move straight in or an investor to generate a favourable rental yield. The home is flooded with natural light and features two large bedrooms, rear access via Stafford Lane with scope to add parking (STCA), and a delightful courtyard.

+ Elegant formal living and dining rooms with ornate high ceilings

+ Light-filled kitchen
+ Oversized bathroom with separate bath and shower
+ Internal laundry
+ Wide 5m+ street frontage
+ Two double bedrooms one with built-ins
+ Original fireplaces
+ Single level, direct access home, perfect for downsizer
+ Scope to add parking off Stafford lane (STCA)
+ 200m to Five Ways cafs, stroll to Oxford St theatres and galleries
+ Close to excellent schools

Auction Wednesday 15 June 2022 | 6:00PM
InterContinental Sydney Double Bay

View Wednesday and Saturday 11.15am 11.45am

Property History for 40 Union St, Paddington, NSW 2021

A timeline of how this property has performed in the market
Last Sold
$852,500
09 Mar 2002
Listed for Rent
$340/w
28 Jan 1995
  • 16 May 2022
    Listed for Sale For Sale - Contact Agent
  • 25 Nov 2006
    Listed for Sale $1.86M
  • 09 Mar 2002
    Listed for Sale Not Disclosed
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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 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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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.