203 Underwood Street, Paddington, NSW 2021 | House for rent | OnTheHouse
 
FOR RENT
$1,600

203 Underwood Street
Paddington NSW 2021

Bedrooms: 3
Bathrooms: 1
Car spaces: -
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Available From
Friday 14 November 2025| Bond $6,400
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Classic Paddington Terrace with Studio & Garden – Perfect for Long-Term Living (Deposit Taken)

This beautifully updated 3-bedroom terrace combines classic Paddington charm with modern convenience. The highlight is the separate studio at the rear – ideal as a home office, teenager's retreat, or creative space – opening onto a huge lovely landscaped garden. Perfectly positioned close to Oxford Street's cafes, restaurants and boutiques, plus Paddington Markets and excellent transport, this home offers the complete Paddington lifestyle with a genuine sense of space.
Features :
- Near new kitchen with stainless steel appliances, gas cooking and dishwasher
- Three double bedrooms, main with extra study
- Brand new bathroom
- Separate studio, perfect for a teenagers retreat or home office
- Internal laundry
- Large landscaped backyard
- Perfectly positioned close to restaurants, cafés, shops, schools and public transport
- Available on a 12 to 24 month lease

Property Details for 203 Underwood St, Paddington

203 Underwood St, Paddington is a 3 bedroom, 1 bathroom House. The place is currently for rent with Local Agency Co..

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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 7,675 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.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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