Underwood St, Paddington NSW 2021

House prices on Underwood St are at the Paddington suburb house median.

There are 214 heritage-listed homes on Underwood St, meaning renovations or exterior changes may require additional council approval. No properties face bushfire or high-voltage powerline overlays. While no homes fall within a flood overlay, 131 properties are recommended for a flood check, and 83 have been reviewed with no flood risk identified or not mapped. Buyers should review council mapping, flood reports, and insurance costs before purchasing.

5 homes sit above the street; 171 homes sit level with the street; 33 homes sit below the street.

Underwood St is a local road serving nearby residents.

Underwood St has 407 residential properties. Houses make up 52.6% of the street, while apartments account for 47.4%.

The street features three major apartment developments: 237 Underwood St with 49 lots across 10 levels built in 1967; 23 Underwood St with 36 lots across 5 levels; and 6 Underwood St with 31 lots across 3 levels. These developments contribute to the street's higher-density residential character.

7 houses and 4 apartments sold in the past 12 months. The 5-year turnover rate is 27.6% for houses and 11.4% for apartments, representing the proportion of properties that changed ownership during the past five years.

Underwood St offers a balanced mix of detached houses and apartments within a local residential setting. Buyers seeking heritage character should note that 214 homes are heritage-listed, which may limit renovation flexibility. The street also requires buyers to review flood reports for 131 properties. It suits those comfortable with a local road environment and willing to navigate specific overlay constraints.