48 Gipps Street, Paddington NSW 2021

Sold for $3,000,000 in Apr 2025, up $370,000 (14%) on the $2,630,000 paid in Feb 2021. That is about 3.2% a year over 4.2 years.

Over the same period the median house price in Paddington rose 14%, from $3,230,000 in 2021 to $3,667,500 in 2025.

The 2025 sale was 18% below the Paddington median house price for that year ($3,667,500 across 264 sales).

Since then the median house price in Paddington has fallen 4%, from $3,667,500 in 2025 to $3,507,500 over the last 12 months (174 sales).

Paddington medians use NSW Valuer General sales of $50,000 or more, leaving out part-interest transfers and contracts covering several properties, and need at least 10 sales in the period. See Paddington sold prices by year.

Houses in postcode 2021 rented for a median $1,500 a week, from 404 bonds lodged Oct 2025 to Sep 2026.

On its last sale of $3,000,000 on 17 Apr 2025, that rent is a gross yield of 2.6% a year, before costs and vacancies.

Median weekly rents from residential rental bonds lodged with NSW Fair Trading, by postcode. This home's own rent may differ. See rents by bedrooms in Paddington.