Paddington boasts some of Brisbane’s best sporting and international attractions, such as Suncorp Stadium, while simultaneously enjoying a fantastic central location. Its status as a heritage haven has it in high demand, which is reflected in the recent growth in Paddington property prices.
Paddington is one of Brisbane’s oldest suburbs, giving it an authentic retro edge which is complemented by the abundance of boutique shops, historical attractions, and niche cafe culture. Its charming vintage cottages now make highly coveted homes for professional couples who are seeking the added convenience of being near to the city business district, while its sprawling timber Queenslander homes attract growing families, students, and renovators. With so much to offer, Paddington is a truly ideal suburb for people looking to buy or invest in Brisbane.
Investing In The Paddington Property Market
Paddington is appealing to a wide range of demographics, because it’s rich in local history, and it has a thriving community and eccentric cafe culture. Amongst its amazing amenities is Suncorp Stadium, great restaurants and cafes, and a range of great antique stores. Paddington’s heritage status protects it from too much development, which also helps to preserve the ratio of houses to units – ultimately helping to keep Paddington house prices on the higher end of the scale. Overall, it is a hugely appealing and eccentric suburb with a fantastic selection of local vendors, superb infrastructure, and the potential for growth.
Rated the 16th most walkable neighbourhood in all of Brisbane, residents of Paddington can easily get around on foot. The walkability of a suburb is something that the majority of Australians have truly come to value, which is reflected in the fact that the regions property market demonstrates a strong correlation between a suburb’s overall walkability and its investment performance. Certain overseas studies have also shown that properties located within a suburb with an above average walk score can command a higher sale price or greater weekly rent.