Paddington NSW 2021 — House Prices, Rent & Suburb Profile
Paddington is a suburb in New South Wales (postcode 2021). The median sale price is $2.6M (+120% since 2012). The median weekly rent is $900/week, a gross rental yield of about 1.8%. It has a population of about 12,701 (ABS Census 2021).
Median sale price trend
| Year | Median sale price |
|---|---|
| 2021 | $2,620,000 |
| 2022 | $2,420,000 |
| 2023 | $2,500,000 |
| 2024 | $2,732,500 |
| 2025 | $3,000,000 |
| 2026 | $2,600,000 |
Source: NSW Valuer General bulk property sales. Medians shown only where there are enough sales.
Median weekly rent by bedrooms
| Bedrooms | Median weekly rent |
|---|---|
| Studio | $333 |
| 1-bedroom | $675 |
| 2-bedroom | $1,100 |
| 3-bedroom | $1,550 |
Postcode-level median (all property types). Source: NSW DCJ rental bonds.
Housing mix
Predominantly house (69% of recorded sales, most commonly around 0-300㎡ land).
Demographics (ABS Census 2021)
- Population: 12,701
- Median age: 38
- Median weekly household income: $3,131
- Average household size: 2.1
Socio-economic profile (ABS SEIFA 2021)
- IRSAD (relative advantage/disadvantage): score 1178 · 100th percentile in Australia
- IEO (education & occupation): score 1201 · 100th percentile
Higher score = relatively more advantaged. This is a socio-economic index, not a measure of school or teaching quality. Source: ABS SEIFA 2021 (CC BY).
Schools in Paddington
- Glenmore Road Public School · Primary School
- Paddington Public School · Primary School
Schools located within the suburb boundary. For catchments and results, see the official My School / NSW sources.
Transport
Nearest station: Edgecliff Station (train), about 0.9 km from the suburb centre.
Land value
Median land value: $2,195,000 (2025 base year). This is land value, not market sale price. Source: NSW Valuer General (CC BY).
Frequently asked questions
What is the median house price in Paddington?
The median sale price in Paddington NSW 2021 is $2,600,000, up 120% since 2012. Based on NSW Valuer General sales data.
What is the average weekly rent in Paddington?
The median weekly rent in Paddington (postcode 2021) is $900 per week. Source: NSW DCJ rental bonds.
What is the rental yield in Paddington?
The estimated gross rental yield in Paddington is about 1.8%, based on the median weekly rent relative to the median sale price.
What schools are in Paddington?
Schools located in Paddington include Glenmore Road Public School, Paddington Public School.
Nearby suburbs
- Centennial Park 2021
- Darlinghurst 2010
- Edgecliff 2027
- Woollahra 2025
- Surry Hills 2010
- Rushcutters Bay 2011
- Darling Point 2027
- Double Bay 2028
Explore house prices & rent in suburbs near Paddington. Browse all NSW suburbs →
Prices, rents, school zones, land values and zoning across NSW.
Data: NSW Valuer General (sales & land value), NSW DCJ (rents), ABS Census & SEIFA 2021, TfNSW (transport). Figures are medians and estimates for general information only, not valuations or advice.