Paddington Suburb Review (Sydney, New South Wales)


About Paddington:

Paddington is a suburb located 3 kilometres east of the central business district in Sydney, New South Wales. Paddington’s proximity to the CBD is a big draw card for property investors. It is often referred to as “Paddo”.


Property selling points:

It is in a very good location being right in the heart of Sydney being close to shops and restaurants. It has a lot of heritage as it is one of the oldest suburbs in Sydney. Because of this, it has a range of properties and buildings going from 1800’s style to modern contemporary residences.


Most sought after properties:

Terrace houses are very popular as they aren’t too expensive and they are popular for couples and small families. There are also modern apartments on offer for people looking for more than a small house.


Most common properties:

Small terrace houses are very common followed closely by modern apartments. There are also many small workers cottages in the area.


Top amenities:

The Paddington markets shows the craft and creativity within the community. The Five Ways village in Paddington includes bars, cafes, restaurants and shops and is located north of the famous Oxford Street. Oxford Street is the main hub of Paddington which has the main shops and cafes. It includes the Australian centre for photography in which people can observe the galleries and interact with the workshops. Centennial Park in Randwick is quite close by if people want to venture south.


Local industry and business:

The main local industries and businesses in Paddington are retail trade due to the amount of shops in the area.


Public transport:

Public transport in Paddington includes taxis, buses, trains and ferries which are a couple of minutes outside of Paddington.


Main arteries:

Oxford Street is undoubtedly the main street in Paddington and is the only main street in the suburb.


Best streets for property investment:

Oxford Street would be a great street to invest in as it is filled with shops and cafes so a property somewhere on this street would be ideal. Another street is Ormond Street which is off Oxford Street. This is because it is also in a prime position and it could be considered quieter than Oxford but Paddington isn’t a quiet place.


Paddington Buyers Agents:

Over the years the experiences Buyer’s Agents at Metropole have helped many property investors and home buyers purchase in this area. Why not click here and leave your details so we can be in contact and help you with your property search the best investment property for your portfolio in Paddington.