197 Underwood St, Paddington is a 2 bedroom, 1 bathroom House and was built in 1900. The property has a land size of 50m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
The interiors of this Paddington classic have been peeled back to mark a new style chapter for the 1890s terrace. At the Woollahra end of the street, the two-storey home is part of a historic row tucked away between Oxford Street's style mile and Queen Street's leafy European-style village. Streamlined interiors have been opened out to take advantage of a north-to-rear aspect with statement steel-framed doors opening to a sunny pocket garden. A crisp contemporary palette is offset by the lush greenery of the garden with an internal atrium drawing light into the heart of the home with both bedrooms on the upper level, the main with a Paddington-lace balcony. A perfect upgrade from an apartment, this boutique terrace embodies new urbanism with sustainability, walkability and connectivity woven into the home.
- One-way street, top end of Paddo
- Tastefully renovated, quality finishes
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 7,687 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:
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