7/27 Sutherland StreetPaddington NSW 2021
Property Details for 7/27 Sutherland St, Paddington
7/27 Sutherland St, Paddington is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Apartment sold in Paddington in the last 12 months.
Last Listing description (April 2024)
One of the best studios on the market, this newly refreshed apartment holds a peaceful and private rear setting in the well-maintained Dudley Apartments.
A rare affordable opportunity to enter the Paddington market, the light-filled studio is one of 15 in a secure block at the quiet cul-de-sac end of a wide tree-lined street between the cosmopolitan attractions of Five Ways and the leafy serenity of Trumper Park.
Rare for a studio, the boutique apartment opens to a tranquil leafy outlook with level access from Hargrave Lane. Opportunities for first homebuyers to enter the Paddington market are few and far between making this ideal for the young professional with low levies adding to its appeal. Just 3km to the CBD with cafes and pubs all around, this is an outstanding investment with high rental demand or the perfect city bolthole.
- Enter via the rear off Hargrave Lane
- Peaceful position and leafy outlook
- Fresh interiors, new hybrid flooring
- Modern kitchen, fresh neutral styling
- Tidy bathroom
- Common laundry and drying court
- Ample parking on Sutherland Street
- Secure rear entry shared by only 6
- Ideal market entry or investment
- High rental demand, low maintenance
- 500m to Five Ways cafes and eateries
- Stroll to Trumper Park and nature trails
- 650m to Edgecliff station and retail hub
Property History for 7/27 Sutherland St, Paddington, NSW 2021
- 14 May 2024Listed for Rent $550 / week
- 12 Apr 2024Sold for $425,000
- 08 Mar 2024Listed for Sale For Sale $450,000
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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 7,602 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.
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