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Stephen St, Paddington NSW 2021

Street

Street Summary

Stephen St, Paddington NSW 2021, is a predominantly apartment-focused street with 80% of residences being units. 13 homes sit above the street; 2 homes sit level with the street; 6 homes sit below the street. 23 homes are heritage-listed and 23 are recommended for a flood check. There are insufficient recent house sales to calculate a reliable comparison against the suburb, so buyers should compare recent sales of individual homes on the street against nearby comparable properties.


PART 1
Street Profile

Property Type Mix

The mix of houses and apartments (units) that make up the Stephen St, Paddington NSW 2021 property market.

Houses vs Apartments130 total lots
17.7%
80%
2.3%
Houses (17.7%)
Apartments (80%)
Townhouses/Villas/Unclassified (2.3%)

PART 2
Houses

"Houses" in this report includes detached houses, duplexes, and terraces.

Land Topography

How house lots on Stephen St, Paddington NSW 2021 sit relative to street level — topography that affects drainage, flood risk, privacy, and build cost. Statistics are calculated from properties with available data.

High-side vs low-side house lots
High-sideFlatLow-side
13 lots
2 lots
6 lots
High-side (1m above)
Flat
Low-side (1m below)

Risks &Overlays

See which key planning overlays and environmental risks affect this street before you buy.

Heritage
23 houses affected
Bushfire
0 houses affected
Flood
0 houses affected
High voltage power line
0 houses affected

Street Sales - Houses

Actual house sales on Stephen St, Paddington NSW 2021 over the past 5 years, plotted against the Paddington NSW 2021 median house price trend over the same period.

Street sales vs suburb median
Street SalesSuburb Median Price
$0$2.5M$5.0M$7.5M$10.0MSept 21May 23Jan 25Sept 26$3M · 2022$3.2M · 2023$3.3M · 2024$3.7M · 2025$3.5M · 2026$2.5M · 2022-08-01 · 6 STEPHEN ST, PADDINGTON NSW 2021$4.3M · 2025-09-19 · 9 STEPHEN ST, PADDINGTON NSW 2021$3.6M · 2025-04-16 · 4 STEPHEN ST, PADDINGTON NSW 2021$1.5M · 2022-09-10 · 22 STEPHEN ST, PADDINGTON NSW 2021$7.3M · 2026-03-03 · 3 STEPHEN ST, PADDINGTON NSW 2021$9M · 2023-09-25 · 11 STEPHEN ST, PADDINGTON NSW 2021
Turnover rate26.1%Past 5 years

PART 3
Apartments

Street Sales - Apartments

Actual apartment (unit) sales on Stephen St, Paddington NSW 2021 over the past 5 years, plotted against the Paddington NSW 2021 median apartment price trend over the same period.

Street sales vs suburb median
Street SalesSuburb Median Price
$0$5.0M$10.0M$15.0M$20.0MSept 21May 23Jan 25Sept 26$898k · 2022$877k · 2023$1M · 2024$978k · 2025$1.3M · 2026$790k · 2025-10-01 · 8/40 STEPHEN ST, PADDINGTON NSW 2021$395k · 2023-06-08 · 3/38 STEPHEN ST, PADDINGTON NSW 2021$350k · 2022-11-16 · 8/38 STEPHEN ST, PADDINGTON NSW 2021$1M · 2025-11-22 · 10/40 STEPHEN ST, PADDINGTON NSW 2021$985k · 2023-06-24 · 14/40 STEPHEN ST, PADDINGTON NSW 2021$545k · 2022-04-29 · 1/38 STEPHEN ST, PADDINGTON NSW 2021$395k · 2023-05-26 · 18/38 STEPHEN ST, PADDINGTON NSW 2021$415k · 2023-01-27 · 19/38 STEPHEN ST, PADDINGTON NSW 2021$385k · 2023-08-22 · 2/38 STEPHEN ST, PADDINGTON NSW 2021$950k · 2024-09-05 · 16/40 STEPHEN ST, PADDINGTON NSW 2021$1.1M · 2024-10-30 · 17/40 STEPHEN ST, PADDINGTON NSW 2021$945k · 2024-02-28 · 26/40 STEPHEN ST, PADDINGTON NSW 2021$975k · 2025-09-21 · 33/40 STEPHEN ST, PADDINGTON NSW 2021$1M · 2023-06-20 · 34/40 STEPHEN ST, PADDINGTON NSW 2021$13.3M · 2025-03-17 · 59/40 STEPHEN ST, PADDINGTON NSW 2021$815k · 2022-07-11 · 303/40 STEPHEN ST, PADDINGTON NSW 2021$980k · 2025-07-02 · 303/40 STEPHEN ST, PADDINGTON NSW 2021$1M · 2024-11-02 · 803/40 STEPHEN ST, PADDINGTON NSW 2021$1.1M · 2026-04-01 · 403/40 STEPHEN ST, PADDINGTON NSW 2021
Apartment sales4Past 12 months
Turnover rate18.3%Past 5 years

Largest Apartment Projects

The largest apartment projects on Stephen St, Paddington NSW 2021, ranked by number of lots.

1
40 STEPHEN ST, PADDINGTON NSW 2021Medium project (51-100 lots)
2
38 STEPHEN ST, PADDINGTON NSW 2021Small-Medium project (20-50 lots)

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Living in Stephen St, Paddington NSW 2021 : Street Profile & FAQs

Common questions about living on and buying property on Stephen St, Paddington NSW 2021 — lifestyle, transport, and the local housing market.

Note: Data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census data and knest.ai internal statistical data.

Is Stephen St an expensive or affordable street relative to Paddington?

There are insufficient recent house sales on Stephen St to calculate a reliable premium or discount against the Paddington average. Buyers should compare recent sales of individual homes on the street against nearby comparable properties to gauge current market positioning.

What are the risk and overlay factors on Stephen St?

There is no bushfire or high-voltage powerline risk on Stephen St, and no properties fall within a flood overlay or other flood classification. However, 23 properties are heritage-listed, meaning renovations or exterior changes may require additional council approval. Additionally, 23 properties are recommended for a flood check, which is a precautionary assessment rather than an indication of actual flood risk.

Are properties on Stephen St mostly on high, level or low ground?

13 homes sit above the street; 2 homes sit level with the street; 6 homes sit below the street. Different site heights relative to the street can influence site characteristics, but buyers should assess the specific property rather than relying on the street average.

What type of road is Stephen St?

Stephen St is a local road, which generally serves nearby residents rather than carrying through traffic. This classification typically suggests a quieter environment compared to collector or arterial roads, though actual traffic and noise levels depend on specific property positioning.

Is Stephen St mostly houses or apartments?

Stephen St has 130 residential properties, with 17.7% being houses and 80% being apartments. The street is predominantly apartments, offering a higher-density residential character compared to streets dominated by detached housing.

What are the major apartment developments on Stephen St?

The major apartment developments on Stephen St include 40 Stephen St, a 61-lot, 11-level building built in 1976, and 38 Stephen St, a 21-lot, 3-level building built in 1984. These developments contribute to the street's apartment presence and higher-density residential character.

How many properties have sold on Stephen St?

2 houses and 5 apartments have sold on Stephen St in the past 12 months. The 5-year turnover rate is 26.1% for houses and 18.3% for apartments, representing the proportion of properties that changed ownership during the past five years.

Is Stephen St a good street to buy property on?

Stephen St is best suited for apartment buyers seeking a local-road residential street, or house buyers comfortable with a mix of site heights and heritage overlays. The street offers a predominantly apartment environment with specific renovation considerations for heritage-listed homes.