1/8 Underwood Street, Paddington, NSW 2021 | Apartment for rent | OnTheHouse
FOR RENT
$550

1/8 Underwood Street
Paddington NSW 2021

Bedrooms: -
Bathrooms: 1
Car spaces: -
Available From
Monday 8 December 2025| Bond $2,200
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Sunlit Studio with Private North Facing Courtyard - Prime Paddington Location

This ground floor studio in the heart of Paddington offers a rare combination of indoor-outdoor living with its private north-facing courtyard. Enjoy natural light throughout, with Oxford Street's vibrant dining, shopping and entertainment just 50m away.
Features include:
-Private north-facing courtyard – sun-filled and perfect for relaxing outdoors
-Polished timber floors throughout
-Concealed modern kitchenette with fridge included
-Space-saving fold-up double bed – ideal for maximising living space
- Built-in storage
- Spacious bathroom with internal laundry facilities
- Washing machine and dryer included
Ultra convenient location – you will love the Paddington lifestyle. Just 50 metres to Oxford Street, being able to walk to work in the CBD (less than 3km), enjoy dining and entertainment on their doorstep, and live in a character-filled neighbourhood that never loses its appeal.

Property Details for 1/8 Underwood St, Paddington

1/8 Underwood St, Paddington is a bedroom, 1 bathroom Apartment. The place is currently for rent with Local Agency Co..

Building Type
Apartment
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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 2016 was 12911 people. By 2021 the population was 12701 showing a population decline of 1.6% 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 2021, 52.60% of the homes in Paddington were owner-occupied compared with 51.50% in 2016.

Paddington has 7,681 properties. Over the last 5 years, Houses in Paddington have seen a 51.50% increase in median value, while Units have seen a 22.27% increase. As at 31 October 2025:

  • The median value for Houses in Paddington is $3,780,968 while the median value for Units is $1,206,393.
  • Houses have a median rent of $1,350 while Units have a median rent of $700.
There are currently 7 properties listed for sale, and 21 properties listed for rent in Paddington on OnTheHouse. According to Cotality's data, 314 properties were sold in the past 12 months in Paddington.

Suburb Insights for Paddington 2021

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.