124 Underwood St, Paddington is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1890. The property has a land size of 142m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
A rare and exciting opportunity exists to purchase two neighbouring terraces, to be sold separately or together in one line in a coveted Paddington pocket. Primed for renovation, this original terrace is in need of a complete overhaul and is essentially a blank canvas ready for transformation. It currently comprises generous proportions with formal lounge/dining plus a granite kitchen, while to the rear is a sunlit courtyard. The upper level comprises three well-scaled bedrooms, all of which are appointed with built-in wardrobes and there is an updated fully tiled bathroom. Explore the possibilities and capitalise on its fashionable village setting, a stroll to shops, cafes and galleries, Oxford Street, buses and all the attractions Paddington has to offer (STCA).
High Points
- Original interiors primed for restoration
- Adjoining formal lounge and dining rooms
- Neat kitchen, granite benchtop, ample storage
- Side access to sunny courtyard, storage shed
- Bedrooms with built-in robes, updated bathroom
- Great investment prospect in sought-after pocket
- Re-create/rebuild brand new residence (STCA)
- Stroll to village shops, cafes, galleries, buses
For all your home loan needs please give the team at Highland Financial Services a call on 02 9523 2699 or visit www.highlandfinancialservices.com.au
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 7,695 properties. Over the last 5 years, Houses in Paddington have seen a 5.77% increase in median value, while Units have seen a -9.06% decrease. As at 31 July 2026:
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