25 Prince StreetPaterson NSW 2421
Property Details for 25 Prince St, Paterson
Last Listing description (March 2022)
Positioned in the idyllic village of Paterson, the historic Paterson Tavern presents an excellent freehold opportunity. Built in 1882 and servicing a strong tourist and local trade, the tavern is located just off the main arterial Maitland Road and is 20 minutes* from Maitland and 55 minutes* from Newcastle.
- 300m* from Paterson Train Station (North Coast line from Sydney to Brisbane)
- Ideal day trip destination from Newcastle by rail for families or for recreational motorcyclists
- Ample outdoor seating, large dining room and contemporary kitchen
- Modern cool room facilities
- Two bedroom manager or owner-occupier residence upstairs
- 1,113sqm* site area, adjacent road reserve and public recreation land
- Majority zoned RU5 Village, part zoned C3 Environmental Management
For Sale by Expressions of Interest closing Thursday 31 March at 4pm
Property History for 25 Prince St, Paterson, NSW 2421
- 23 Mar 2022Sold for $1,500,000
- 24 Feb 2022Listed for Sale Contact Agent
- 30 Jun 2005Sold for $590,000
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0About Paterson 2421
The size of Paterson is approximately 41.4 square kilometres. The population of Paterson in 2016 was 892 people. By 2021 the population was 960 showing a population growth of 7.6% in the area during that time. The predominant age group in Paterson is 50-59 years. Households in Paterson are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Paterson work in a trades occupation.In 2021, 81.80% of the homes in Paterson were owner-occupied compared with 85.70% in 2016.
Paterson has 510 properties. Over the last 5 years, Houses in Paterson have seen a 99.98% increase in median value, while Units have seen a -26.47% decrease. As at 30 April 2026:
- The median value for Houses in Paterson is $958,532 while the median value for Units is $404,096.
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