1 Newcombe StreetPaddington NSW 2021
Property Details for 1 Newcombe St, Paddington
Last Listing description (February 2017)
Exciting retail space in arguably one of the Eastern Suburbs most desired locations.
1 Newcombe Street Paddington is strategically positioned behind Oxford Street, directly adjacent to the renowned Paddington Markets.
On completion The 'Gordon' will comprise 19 luxurious apartments and one retail space of approximately 648 square metres. Construction is well under way with practical completion expected in late 2016.
Glass fa ade to Newcombe Street
Alfresco seating (STCA)
Public parking for circa 60 cars
Direct exposure to Paddington Markets
Dedicated loading dock
Proven commercial & retail precinct
The strength of the location for hospitality / food and convenience based retailing is demonstrated by the calibre of the businesses and local attractions Paddington has to offer.
Property History for 1 Newcombe St, Paddington, NSW 2021
- 06 Dec 2016Listed for Rent - Price not available
- 20 Jul 2016Listed for Rent - Price not available
- 26 Oct 2015Listed for Rent - Price not available
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About Paddington 2021
The size of Paddington is approximately 1.6 square kilometres. There are 28 parks, covering nearly 12.1% of the 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 7,689 properties. Over the last 5 years, Houses in Paddington have seen a 9.40% increase in median value, while Units have seen a -4.91% decrease. As at 30 June 2026:
- The median value for Houses in Paddington is $3,591,215 while the median value for Units is $1,118,441.
- Houses have a median rent of $1,485 while Units have a median rent of $725.
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