Paddington House Prices & Property Market

Welcome to Paddington

Nestled in a valley within the foothills of the iconic Mount Coot-tha, Paddington is a quaint residential suburb that is characterised by its safety and serenity, whimsical yet upmarket lifestyle, and classic heritage homes. Located on the outskirts of the city centre the suburb of Paddington is an ideal suburb for professional couples and families.

Neighbourhood Tags

  • Family Friendly
  • Safe & Serene
  • Hip & Quaint
  • Growing Suburb
  • Central and Convenient
  • Boutique Shopping
  • Fine Dining & Cafes
  • Leafy Outdoor Appeal

Average Property Price

Taken from sales history report August 2016 – August 2017 and rental comparison report.

$998k House Price

$531k Unit Price

$4k+/pm Mortgage

Commute Options

4.8km From CBD

  • 10 min
  • 15 min
  • 40 min
  • 16 min

Paddington Property Market: Suburb Overview & Investment Potential

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.

    • Bedrooms
    • Buy Price
    • Rental Price
    • 2 Beds
    • $832,500
    • $450
    • 3 Beds
    • $895,000
    • $565
    • 4 Beds
    • $1,285,000
    • $750
    • 5 Beds
    • $2,035,000
    • $1100

Average House Price

$998k Buy

$560 Rent

    • Bedrooms
    • Buy Price
    • Rental Price
    • 1 Beds
    • $312,500
    • $295
    • 2 Beds
    • $485,000
    • $395
    • 3 Beds
    • $695,000
    • $560
    • 4 Beds
    • -
    • $685

Average Unit Price

$531k Buy

$395 Rent

46.1%Renting
29.0%Mortgage
22.1%Owns
2.7%Other
Household Structure
Primary Demographics
Household Income
    • 0-15K
    • 2.2%
    • 15-31K
    • 7.7%
    • 31-52K
    • 9.4%
    • 52-78K
    • 12.2%
    • 78-130K
    • 19.9%
    • 130-180K
    • 21.9%
    • 180K +
    • 14.4%

Paddington School Catchments

    • Petrie Terrace State School
    • Co-ed
    • Primary
    • 40 Moreton Street, Paddington, 4064
    • (07) 3259 9333
    • Kelvin Grove State College
    • Co-ed
    • Combined
    • Estrange Tce, Kelvin Grove, 4059
    • (07) 3552 7333
    • Milton State School
    • Co-ed
    • Primary
    • Bayswater Street, Milton, 4064
    • (07) 3514 6333
    • Ithaca State School
    • Co-ed
    • Primary
    • Lugg Street, Bardon, 4065
    • (07) 3514 9333

Lifestyle

Paddington is known for its beautiful heritage architecture which dates back to the early postwar period. The Paddington property market offers you homes that are a lovely mix of traditional Queenslanders, cottages, and more modern properties.

Several of these classic timber and tin houses have been refurbished and turned into some of the city’s most popular cafes; feel at home inside a quaint Queenslander (complete with a picket fence) at local cafe-restaurant Kettle and Tin, or visit the immensely popular all-day- breakfast cafe, Anouk, which takes up residence in a restyled apothecary. Paddington truly is a place where foodies throughout Brisbane can gather together to eat, drink, and be merry! Other must-try local cafes include: Grappino, Pamela’s Pantry, Remy’s, and Paddington Deli.

Paddington is home to the small area of Rosalie Village, which is a pocket of streets that encompass some of the most delightful shops in the area. Enjoy a sunny afternoon strolling the streets of Paddington, weaving in and out of leading boutique clothing or home decor outlets or discovering artefacts from yesteryear inside of vintage antique stores. Or take a trip down memory lane by visiting Government House, the Police Barracks, or the Paddington Antique Centre. It’s no wonder that the Paddington property market is amongst the desirable place to invest and live. It’s central, convenient, yet surrounded by lush greenery and vantage views of the city. It has a vibrant local community, which is immersed in good food, art and music, and a rich local history. Its central location and status as one of Brisbane’s most walkable cities make it a highly convenient location for working professionals, students, and families.

4.8km From CBD

Paddington sits in the heart of the Brisbane’s Inner West, running outwards from the city and adjoining Red Hill to the North, Bardon to the West, and Auchenflower to the South. Paddington is considered to be Brisbane’s 16th most walkable suburb, and it takes a mere 40 minutes to get to the city by foot. The Paddington property market is ideal for professional couples and families.

  • 10 min
  • 15 min
  • 40 min
  • 16 min

Properties For Sale