SOLD
Sold on 15 Feb 2024 for $1,750,000

5/6-8 Verona Street
Paddington NSW 2021

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 76m2
Land area: 524m2
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Property Details for 5/6-8 Verona St, Paddington

5/6-8 Verona St, Paddington is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1983. The property has a land size of 524m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Unit sold in Paddington in the last 12 months.

Building Type
Unit
Year Built
1983
Floor Size
76m2
Land Size
524m2
Local Government
Sydney
Lot/Plan
5/SP20591

Last Listing description (June 2024)

This boutique townhome is tucked away at the end of a quiet laneway in the heart of Paddington's celebrated arts and entertainment hub. Spread over two levels, the impeccably appointed home opens to a huge sun-drenched terrace with superb views over Paddington's heritage rooftops and features a top floor master retreat with ensuite and invaluable double secure undercover parking.

Enjoy the cosmopolitan ambiance of its urban village setting or take a stroll to a world of arts, fashion and entertainment.

- 3 Bed, 2 Bath, 2 Car

- Peaceful elevated setting in a secure collection of 5 private homes
- Fashionable urban village hotspot, 3km to the CBD, double parking
- 2 double bedrooms with built-ins and a home office/3rd bedroom
- Light-filled open plan living and dining with engineered Oak floors
- Sleek Caesarstone kitchen with a breakfast bar, quality appliances
- Huge entertainer's terrace with bbq area and built-in cocktail bar
- 2 designer bathrooms, internal laundry, reverse air, ample storage
- Arthouse cinemas, cafes, restaurants and boutiques at the doorstep
- Perfect for the executive buyer or a prime investment opportunity (current lease is $1,400 per week ending June 2024)

Property History for 5/6-8 Verona St, Paddington, NSW 2021

A timeline of how this property has performed in the market
Last Sold
$1,750,000
15 Feb 2024
Listed for Rent
$1.40k/w
07 Jun 2023
  • 15 Feb 2024
    Sold for $1,750,000
  • 07 Aug 2023
    Listed for Sale Not Disclosed
  • 26 May 2023
    Listed for Rent $1,400 / 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 7,676 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.

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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.