3/16 William Street, Paterson, NSW 2421 | Property Value & History | OnTheHouse
OFF MARKET

3/16 William Street
Paterson NSW 2421

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 1192m2
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Last updated 25 May 2026
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Property Details for 3/16 William St, Paterson

3/16 William St, Paterson is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 1192m2.

Building Type
Unit
Land Size
1192m2
Local Government
Dungog

Last Listing description (March 2025)

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Approximate Costs and Rental Returns
Council Rates approx $660.00 per quarter

Insurance approx $130.00 per month
Water Rates approx $400.00 per quarter
Rental Returns:
Unit 1 - $350.00 per week, lease in place until 29th July 2025
Unit 2 - $280.00 per week, lease in place until 13th December 2024
Unit 3 - $350.00 per week, lease in place until 5th July 2025

The Agent Loves
"This is a brilliant opportunity to secure three charming units on one property. Each features one bedroom, one bathroom, and a spacious living and dining area, all on a single, convenient level."

The Location
Surrounded by lush greenery and scenic landscapes, Paterson is a haven for those seeking a peaceful lifestyle, yet still offering easy access to nearby urban centres. The suburb boasts a rich history, reflected in its heritage buildings and quaint streets. Local amenities cater to daily needs, with cosy cafes, boutique shops, and community parks creating a friendly and vibrant atmosphere.

Maitland - 18 min (18.0km)
Stockland Green Hills - 23 min (22.3km)
Newcastle - 56 min (51.1km)

The Snapshot
Discover an outstanding investment opportunity at 16 Williams Street, where a single-storey block hosts three one-bedroom units, ideal for multi-generational families or savvy investors. Units 1 and 3 have been thoughtfully updated for modern living, while Unit 2 features an upgraded kitchen. Nestled in a tranquil yet connected locale, this property promises a serene lifestyle while ensuring easy access to local amenities. Don't miss the chance to expand your portfolio with this versatile and attractive offering.

The Home
Welcome to this unique trio of homes at 16 Williams Street, a fantastic investment prospect nestled in peaceful Paterson. This property, composed of three units, each with one bedroom, one bathroom, and open-plan living spaces, is a perfect choice for multi-generational families or discerning investors.

Crafted with a sturdy brick exterior and a durable Colorbond roof, each unit is accented by covered entry patios, adding a welcoming touch. The interiors of each home have been thoughtfully designed to maximise space and comfort.

The large kitchens, enhanced and updated in every unit, feature ample cabinetry and generous benchtop space, perfect for preparing meals and entertaining guests. These culinary spaces open seamlessly to dining areas, where gatherings can be enjoyed in a relaxed setting. The living areas are designed to be a cosy haven for unwinding at the end of the day, with enough room to host friends and family comfortably.

The master bedrooms in Units 1 and 3 boast built-in robes, providing substantial storage and convenience. Each unit's bathroom is efficiently laid out with a shower, vanity with ample storage, and a toilet, catering to all essential needs.

Further enhancing the practicality of these units, each comes with an internal laundry featuring external access, leading out to the rear yard where a clothesline is conveniently situated. The property is completely fenced, ensuring privacy and security for residents. Parking is ample with a triple car carport, providing one parking space per unit.

This investment is not only about the comfort and convenience it offers but also about the location. Zoned for Paterson Public School and Dungog High School, it presents an excellent educational opportunity. The property is also just under 20 minutes from Maitland and less than an hour's drive from Newcastle, making it perfectly positioned for commuting or enjoying city amenities.

16 Williams Street offers a rare chance to secure a versatile and attractive investment in a sought-after area. Whether looking to accommodate a large family across multiple generations or to capitalise on the strong rental demand in Paterson, it represents a smart, strategic choice now and for the future.

SMS 16Wil to 0428 166 755 for a link to the online property brochure.

Property History for 3/16 William St, Paterson, NSW 2421

A timeline of how this property has performed in the market
Listed for Rent
$350/w
20 Apr 2022
  • 17 Jun 2024
    Listed for Sale $850,000 - $900,000
  • 12 Jun 2024
    Listed for Rent $350 / week
  • 09 Feb 2024
    Listed for Rent $350 / week
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About 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.
There are currently 11 properties listed for sale, and no properties listed for rent in Paterson on OnTheHouse. According to Cotality's data, 21 properties were sold in the past 12 months in Paterson.

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Cotality Copyright and Legal Disclaimers about Property Data
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.