Sutherland St, Paddington NSW 2021

House prices on Sutherland St are 5.34% below the Paddington suburb house median. This indicates that, on average, houses on this street are priced lower than the suburb-wide average. Buyers looking for relative value within Paddington may find this street offers a more accessible entry point compared to premium streets, though individual property condition and specific location within the street will still dictate final pricing.

There are no bushfire, flood overlay, or high-voltage powerline risks recorded on Sutherland St. However, 163 properties are heritage-listed, which means any renovations, extensions, or exterior changes will likely require additional council approval, reducing renovation flexibility. Additionally, 163 properties are recommended for a flood check, meaning further assessment is advised to review council mapping and insurance costs, even though no flood risk has been identified or mapped for these homes.

48 homes sit above the street; 51 homes sit level with the street; 55 homes sit below the street. The street features a mixed profile of site heights, with a slight majority of homes sitting below the street level. Different site heights can influence site characteristics, so buyers should assess the specific property rather than relying on the street average.

Sutherland St is a local road. Local roads generally serve nearby residents and provide access to properties, connecting local streets with larger roads rather than carrying significant through traffic. This classification typically suggests a quieter environment focused on residential access, though buyers should still visit at different times to gauge the specific atmosphere.

Sutherland St has 396 residential properties, with 41.2% being houses and 58.8% being apartments. The street is predominantly apartments, meaning the majority of the residential stock consists of units, apartments, and studios. This mix offers buyers a choice between detached living and higher-density apartment living within the same street environment.

The major apartment developments on Sutherland St include 28 Sutherland St, a 10-level building with 76 lots; 180 Sutherland St, an 11-level building with 71 lots built in 1975; and 27 Sutherland St, a 5-level building with 15 lots built in 1979. These developments contribute significantly to the street's apartment presence and higher-density residential character.

In the past 12 months, 7 houses and 1 apartment sold on Sutherland St. The 5-year turnover rate for houses is 23.3%, while for apartments it is 8.6%. Turnover measures the proportion of properties that changed ownership during the past five years, indicating how frequently the stock has been traded over that period.

Sutherland St is well-suited for buyers seeking a local-road residential environment with a mix of housing types. It appeals to those comfortable with heritage-listed homes requiring council approvals for changes, and those interested in the predominantly apartment stock or the slightly below-suburb median house prices. It is also suitable for buyers who value a mixed site-height profile and want to avoid bushfire or high-voltage risks.