OFF MARKET

702/40 Stephen Street
Paddington NSW 2021

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
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Last updated 18 Nov 2024
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Property Details for 702/40 Stephen St, Paddington

702/40 Stephen St, Paddington is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a floor size of 53m2.

Building Type
Unit
Year Built
1976
Floor Size
53m2
Local Government
Woollahra

Last Listing description (July 2024)

Full-width windows offer long northerly views from every room of this tidy apartment in a refurbished Harry Seidler building. Full of natural light and the wow factor that makes these apartments famous, it's nicely presented with obvious scope to add your own touches. In a top location, a short walk to Five Ways, Rushcutters Bay Park and Edgecliff Station.

Highlights
* North-facing, long area/harbour views

* Light filled, elevated, corner position
* Iconic updated Harry Seidler building
* Large full-width windows in every room
* Neatly kept, scope to add your touches
* Open living, carpet, tidy open kitchen
* 2 beds both w/ large built-in wardrobes
* Undercover parking, secure lift access
* 5 mins to Five Ways, village lifestyle
* Free Strata Report available at bw.com.au

Property History for 702/40 Stephen St, Paddington, NSW 2021

A timeline of how this property has performed in the market
Listed for Rent
$640/w
06 Oct 2018
  • 08 Jun 2023
    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 7,591 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 36 properties listed for rent in Paddington on OnTheHouse. According to CoreLogic's data, 318 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.