5/56B Ormond StreetPaddington NSW 2021
Property Details for 5/56b Ormond St, Paddington
5/56b Ormond St, Paddington is a 2 bedroom, 1 bathroom Unit and was built in 1940. The property has a land size of 94m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Paddington in the last 12 months.
Last Listing description (December 2024)
Offering the size and privacy of a semi, this well-scaled apartment makes a great home that's big on space and filled with character. Its flowing interiors provide an expansive single-level layout, an easycare design and a quiet position in a boutique heritage building.
-Two queen-sized bedrooms plus a separate study/3rd bed
-The bedrooms both have built-ins, shutters and ceiling fans
-Lots of original character with high ceilings and period details
-Elevated aspect and big windows bringing light and airflow
-Renovated gas kitchen, full bathroom, large laundry/guest wc & air con
-Access to a shared leafy garden and spacious lawn at the rear
-Positioned in a tree-lined street that's one of Paddington's best
-A brief stroll down to Five Ways cafs, shops and dining options
-Easy access to buses connecting to the CBD and Bondi Junction
Apartment size 94m2
Council Rates $480pq
Water rates $178.42pq
Property History for 5/56b Ormond St, Paddington, NSW 2021
- 07 Mar 2024Sold for $1,815,000
- 12 Feb 2024Listed for Sale SOLD $1,815,000
- 18 Dec 2018Sold for $1,530,000
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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 7,684 properties. Over the last 5 years, Houses in Paddington have seen a 32.50% increase in median value, while Units have seen a 22.70% increase. As at 30 November 2024:
- The median value for Houses in Paddington is $3,301,141 while the median value for Units is $1,150,315.
- Houses have a median rent of $1,350 while Units have a median rent of $700.
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