Type of Property: Apartment
Reason of Purchase: Primary Residence
Address: Flinton St, Paddington, NSW, 2021
The client presented a specific brief and criteria to securing an apartment in Paddington. With only a handful of options in the area, it was to be a tight search.
Paddington is a prominent gateway to Sydney’s fine/casual dining, public house & wine gardens, galleries & museums, fashion retail icons, grocers & markets all in close proximity for a Sydney CBD commute.
As a point of introduction to Paddington, the suburb size is approximately 2 square kilometres. It has 3 parks covering nearly 4% of total area.
The population of Paddington in 2006 was 12,041 people. By 2011 the population was 12,131 showing a stable population in the area during that time. The predominant age group in Paddington is 25-34 years.
Households in Paddington are primarily couples with children and are likely to be repaying between over $4000 per month on mortgage repayments. In general, people in Paddington work in a Professional occupation. In 2006, 49.5% of the homes in Paddington were owner-occupied compared with 50.8% in 2011.
Source: RP Data, January 2015.
“My family has used Cohen and Handler for a while now, however this was my first time using the service. I found the team a pleasure to work with. They were quick in their response time, provided me with extensive research and always easy to deal with. Their knowledge of the market was great and they understood the brief well, presenting me with great options for my search for a new apartment. So much so, that the first one I was shown was the one I ended up buying. All round a great service, team and experience.”