2/38-42 Stephen StreetPaddington NSW 2021
Property Details for 2/38-42 Stephen St, Paddington
2/38-42 Stephen St, Paddington is a 0 bedroom, 1 bathroom Unit and was built in 1984. The property has a land size of 26m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (August 2023)
Fresh, bright and displaying a good-sized open layout, this well-presented studio apartment captures the essence of low-care urban living with its easy-to-maintain floorplan and premium location right in the heart of Paddington. This is the perfect pad for city professionals or a great investment option as it is designed for a lock-up-and-leave lifestyle offering quick access to CBD bus services, and within a stroll to Five Ways' dining, shops and cafes plus all the action along Oxford Street.
This deceased estate represents excellent value for money and is presented in good condition, ready to live-in or lease out immediately. There is also plenty of potential for a creative renovation to add even more style and appeal to truly capitalise on such a sought-after location that's just a few minutes down to Rushcutters Bay's parklands and foreshore walks.
- Positioned in a leafy setting way back from the street
- Whisper quiet and good natural light throughout
- A fully equipped kitchen plus a separate bathroom
- Ground floor apartment in a well-maintained complex of 18 apartments
- Presented in great condition with scope to further improve
- Walking distance to transport, local cafes, parks and more
- A prime opportunity for market newcomers and investors
Property History for 2/38-42 Stephen St, Paddington, NSW 2021
- 22 Aug 2023Sold for $385,000
- 18 Jul 2023Listed for Sale FOR SALE $395,000
- 30 Nov 2022Listed for Rent $390 / week
Recent sales nearby
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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 7,687 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:
- 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.
Suburb Insights for Paddington 2021
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