SOLD
Sold on 14 Feb 2024 for $2,850,000

48 Ormond Street
Paddington NSW 2021

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 114m2
Sold By
McGrath Paddington
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Property Details for 48 Ormond St, Paddington

48 Ormond St, Paddington is a 3 bedroom, 2 bathroom Townhouse. The property has a land size of 114m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Townhouse sold in Paddington in the last 12 months.

Building Type
Townhouse
Land Size
114m2
Local Government
Woollahra
Lot/Plan
7/DP255690

Last Listing description (July 2024)

Immaculately maintained and cherished by its current owner for 55 years, this charming terrace matches family functionality with a fantastic Paddington address.

It flows easily through a well designed floorplan showcasing great natural light and modern updates that are sympathetic to the traditional period grace.
Both levels seamlessly connect to various outdoor spaces, while laneway pedestrian access offers a second entry point from the cul-de-sac of Young Street behind.

Positioned for incredible lifestyle appeal, you're merely metres from all of Paddington's stylish delights. Stroll over to The Intersection for upmarket boutiques or a drink at the renowned Village Inn, walk round to Five Ways' cafe hub or meander the shops along Oxford Street, just a stone's throw away.

-Clever layout features beautiful lounge room adorned in subtle period details
-Family friendly home offers versatile office, fourth bedroom or media room
-Strategic skylights draw in great natural light
-Peaceful garden oasis embraced by cascading greenery
-Modern kitchen has quality appliances and wide gas cooktop
-Three bedrooms upstairs, two adjoining quiet outdoor spaces
-Stylish bathrooms placed on each level for convenience
-Split system air conditioning, floorboards, ceiling fans and exposed brick features
-Walking distance to transport choices and esteemed schools.
-Rapid access to the CBD for those commuting.

Property History for 48 Ormond St, Paddington, NSW 2021

A timeline of how this property has performed in the market
Last Sold
$2,850,000
14 Feb 2024
  • 11 Mar 2024
    Listed for Rent $1,550 / week
  • 14 Feb 2024
    Sold for $2,850,000
  • 24 Jan 2024
    Listed for Sale $2,850,000

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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 7,676 properties. Over the last 5 years, Houses in Paddington have seen a 60.21% increase in median value, while Units have seen a 27.43% increase. As at 31 July 2024:

  • The median value for Houses in Paddington is $3,432,660 while the median value for Units is $1,147,689.
  • Houses have a median rent of $1,375 while Units have a median rent of $683.
There are currently 31 properties listed for sale, and 24 properties listed for rent in Paddington on OnTheHouse. According to CoreLogic's data, 343 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.