Paddington NSW, 2021
Paddington Real Estate: Suburb Profile
Does Paddington, NSW 2021 real estate interest you? It's an excellent first step to evaluate if the area ticks all the boxes regarding your budget and lifestyle. The Homes.com.au suburb profile focuses on providing the best information on Paddington property prices, market trends & demographics so we can enable you to be informed regarding your future property purchase.
If you're looking at buying in Paddington, keep reading for a brief historical overview to learn more about the fantastic lifestyle and what the suburb has to offer.
Overview Located in the inner city of Sydney, Paddington is a suburb just three kilometres outside of the Sydney central business district. The locals often refer to the suburb as “Paddo.”
Paddington is neighboured by Darlinghurst, Rushcutters Bay, Edgecliff, Surry Hills, Woollahra, Moore Park and Centennial Park. It is home to 12,911 residents based on the 2016 census.
Living in Paddington Paddington today is known as a heritage village, rich in historic sites, beautiful gardens and parks. The central shopping district in the suburb is a kilometre-stretch in Oxford Street, where clothing boutiques, specialty shops and cafes are found. On Saturdays, Paddington Markets are held at the historic Paddington Uniting Church on Oxford Street.
Plenty of sporting venues, schools (from preschool to tertiary) and other areas for recreation are found in this suburb.
History of Paddington Paddington was part of the region associated with the Cadigal people. It is believed that the area was used as a walking path by the Aboriginal people before the arrival of the first European settlers.
First land grants in Paddington were made in 1823, which began establishing businesses and residential buildings. The suburb’s name came about was when James Underwood called his portion of the land as Paddington Estate after the borough in London. It was in the early twentieth century when Paddington was in its prime.
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