Landlords

Paddington

Have a Paddington Property Manager contact you about managing your Paddington Investment Property.

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Local Government Authority Brisbane
Location 2km west of the Brisbane CBD
Features Near city location, good public transport, street café lifestyle, restaurants, renovated houses and character workers' cottages
Commentary The inner city suburb of Paddington is 2km west of the CBD and borders the suburbs of Milton and Red Hill.

Paddington is a true success story in terms of its rejuvenation as a vibrant inner city residential and lifestyle precinct over the past decade or so.

Its proximity to the CBD has been a major driver of this growth, as too have the redevelopment of Lang Park (Suncorp Stadium) and the creation of various village precincts such as the hugely successful Rosalie Village.

These factors have made the suburb very popular with young families and professionals alike.

Given Terrace, Latrobe Terrace and Rosalie Village provide the main shopping, eating and commercial strips in Paddington - these areas provide an array of some of Brisbane's best cafes, restaurants and fashion boutiques. There is also a Woolworths on Latrobe Terrace.

There are various educational facilities including the Marist Brothers Catholic College for boys, and the Ithaca Creek Primary School.

Property in Paddington is dominated by renovated workers cottages and Queenslanders, which give the suburb a distinctive Brisbane 'feel' and truly characterises the area as an historic Queensland location.

A number of restrictions exist on established and new buildings in the area, helping to maintain Paddington's special character.

According to the 2006 Census there were 7,625 people living in the suburb with a median age of 31. The median individual income was $729 per week. Of all occupied private dwellings 48.5% were either fully owned or being purchased; 43.9% were being rented.

Source: REIQ