DiJones Paddington

Quicker than you anticipate! There have been 210 Houses sold in Paddington in the past 12 months with a median sale price of $2.9M-$3M, down 5.1% to 9.4% annually. On average, it takes 35 days to sell a house and 30 days for a unit in Paddington, with a vendor discount of as low as -8.2%.

We observe markets recovering post-COVID and sale times becoming shorter as more buyers respond proactively to rising interest and inflation rates.

Furthermore, Paddington is a suburb in the eastern section of Sydney well-known for its historical charm and thriving real estate sector.

Paddington's real estate market is diversified, offering a variety of properties to suit various interests. Everything from elegantly renovated terrace houses to contemporary apartments is available to prospective buyers. The combination of architectural types enhances the eclectic appeal of the area.

In the past twelve months, 210 homes in Paddington have been sold for a median transaction price of $2.9M, a 9.4% decrease from the previous year. The cost of a property will vary according to specific factors like:

• Property Location

• Condition of the property (new, old, renovated, etc.)

• Conditions in the market

• Additional paperwork, legal documents, and other costs

For an accurate estimate and information on how to sell your Paddington property for the highest price, speak with one of our real estate agents at (02) 9908 6099 or visit our local Paddington office at Level 1, 222a Glenmore Road, Paddington.

Contrary to popular opinion, there is seldom any connection between the seasons and the decision to sell your Paddington property. Instead, we include more essential aspects like changes in work schedules and family dynamics that affect purchasing and selling decisions.

Consider practical factors such as:

• Wishing to benefit from the current market situation in Paddington 

• Shifting one's way of life and deciding to go green

• Finding a home that more closely matches your changing lifestyle

If you want to know the time to sell your property, speak with our real estate agents in Paddington at (02) 9908 6099 or visit us at Level 1, 222a Glenmore Road, Paddington.

Curb appeal is key! According to our internal research, homeowners who renovated their homes and profited from curb appeal had their properties rise by over $80,000 for as low as $10,000 for home renovations and minor repairs.

Capitalising on your house's curb appeal increases its value and speeds up selling! Consider power washing the exterior, repainting the front door, and replacing the mailbox and rusted house number.

Real estate sales are more complex processes. It's an essential decision that needs commitment, information, and accountability. Besides, let’s not forget the mental and emotional roller coaster involved with letting go of your once-home.

Here's how to get ready to sell your first house:

• Invest in curb appeal. De-clutter the entire property and take care of any maintenance issues.

• Partner with a nearby real estate professional. Contact our local DiJones agents at Level 1/222 Glenmore Road, Paddington, to learn more.

• Choose between selling by private treaty or at an auction and receive a market-driven asking price. You will be assisted in this procedure by your real estate agent.

• Obtain an agency agreement that details your agent's rights to sell the property and other related expenses. We will happily review the contract with you so you may make changes and get legal counsel for clarification.

• Launch a successful real estate marketing campaign to draw buyers so you can choose the best offer.

• Lastly, make your sale using the offer and marketing method of your choice!

Let’s discuss your options in better detail at (02) 9908 6099 or visit our Paddington office at Level 1, 222a Glenmore Road, Paddington.

Choosing the right selling method ensures you reach the right customers and land the best value for your property. 

You can sell your Paddington property in three ways:

• Private treaty sales provide a guaranteed price, limiting the need for bidders to make assumptions about your sale price.

• Auction sales can capitalise on eagerness and draw in additional clients.

• Expression of interest (EOI) is another common listing method with the competitiveness of an auction but without the stress of an auction day. After the sale period, you choose the best price offer from those buyers who responded to your request to purchase.

Here at DiJones, finding your motivation is the key to driving real results. Having a shared understanding allows us to see more of your perspective and the thing that means the most to you than anything else. 

Our real estate agents know how tense and stressful the house-selling process can be. We work to simplify your preparation by creating a thorough marketing strategy and offering practical solutions to make the most of your property.

Call us at (02) 9908 6099 or email our Real Estate Paddington team to learn more about our real estate possibilities. You can also drive by our local office at Level 1, 222a Glenmore Road, Paddington.