403/40 Stephen Street, Paddington, NSW 2021 sold on 01 April 2026 | OnTheHouse
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Sold on 01 Apr 2026 for $1,050,000

403/40 Stephen Street
Paddington NSW 2021

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 1427m2
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Property Details for 403/40 Stephen St, Paddington

403/40 Stephen St, Paddington is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 1427m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 2 bedroom Apartment sold in Paddington in the last 12 months.

Building Type
Apartment
Land Size
1427m2

Last Listing description (April 2026)

Positioned on the fourth floor of a secure, architecturally designed building by renowned modernist Harry Seidler, this beautifully renovated apartment offers a private sanctuary of light, tranquility and contemporary style in the heart of Paddington. Thoughtfully updated throughout, the home features a generous open-plan living and dining area framed by a peaceful leafy outlook.

The sleek, modern kitchen is ideal for relaxed entertaining, while two well-proportioned bedrooms-both with built-in wardrobes-deliver comfort and practicality. With only one common wall, the apartment enjoys an exceptional sense of privacy, further enhanced by its quiet cul-de-sac setting.

Complete with a secure storage cage and undercover car space all set within a well-maintained building, this turn-key residence offers effortless lifestyle convenience. Enjoy an easy stroll to the cafés, restaurants and boutiques of Five Ways, with city buses, galleries and Centennial Park just moments from your door.

• Fully renovated throughout with stylish, modern finishes
• Light-filled open-plan living and dining with leafy outlook
• Two spacious bedrooms, both with built-in wardrobes
• Only one common wall, lift access direct to floor, internal laundry
• Quiet cul-de-sac setting in a secure, well-maintained building
• Undercover car space and secure storage cage for added convenience
• Short stroll to the cafés, dining and boutiques of Five Ways in Paddington

Property History for 403/40 Stephen St, Paddington, NSW 2021

A timeline of how this property has performed in the market
Last Sold
$1,050,000
01 Apr 2026
Listed for Rent
$1.00k/w
13 May 2026
  • 04 May 2026
    Listed for Rent $1,000 / week
  • 01 Apr 2026
    Sold for $1,050,000
  • 12 Mar 2026
    Listed for Sale Auction 1st April
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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 7,684 properties. Over the last 5 years, Houses in Paddington have seen a 15.66% increase in median value, while Units have seen a -10.37% decrease. As at 30 April 2026:

  • The median value for Houses in Paddington is $3,593,837 while the median value for Units is $1,001,837.
  • Houses have a median rent of $1,450 while Units have a median rent of $730.
There are currently 19 properties listed for sale, and 24 properties listed for rent in Paddington on OnTheHouse. According to Cotality's data, 365 properties were sold in the past 12 months in Paddington.

Suburb Insights for Paddington 2021

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Angus Gorrie
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Samuel O'Reilly
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.