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23/56 Hopewell Street, Paddington NSW 2021

For Sale | $516,000

Apartment 1 Bath 26 m² 26 m²
Listed: 4th Aug 2026
Updated: 3 days ago
Overview

This studio apartment provides an excellent opportunity for those seeking a compact yet well-considered home in one of Sydney's most coveted locales, Paddington. Emphasizing low-maintenance living, the property maximizes its modest 26 square metres with thoughtful design elements that enhance natural light and create a welcoming, airy environment.

The well-equipped kitchen with quality appliances and ample storage enhances functionality, making everyday tasks efficient despite the limited space. The modern bathroom complements the apartment’s contemporary aesthetic, providing comfort and convenience.

Situated within a secure building, this studio benefits from its prime location just moments away from Oxford Street’s vibrant café culture, boutiques, restaurants, and public transportation options. Nearby Centennial Park offers a refreshing natural escape, while the proximity to the CBD enhances accessibility for professionals and investors alike.

The apartment suits a diverse range of buyers including first home buyers looking for an entry point into the property market, investors seeking a city-fringe asset, or those requiring a low-maintenance retreat close to urban amenities. Its prime position and thoughtfully appointed interior offer an appealing blend of lifestyle and practicality in an established and tightly held part of Sydney.

Local Market Insights

In Paddington, Quiet Listings observed 11 new apartments entering the market over the last 30 days, up from 9 during the previous 30-day period, with an average advertised asking price of $1,809,723. The property type mix of listed properties is predominantly Houses at 47%, followed by apartments (38%), and commercial properties (13%). The most active agency for apartments in the Paddington area is currently Bresic Whitney, representing 27% of new listings, followed by Ray White with 27%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Change History
  • For Sale | $516,000
  • For Sale
Open for Inspections

Upcoming inspection times scheduled in the next 14 days.

10:15 AM - 10:45 AM AEDT

This property has had 9 previous open for inspections. Schedules can change at late notice, please confirm times with the selling agent before attending an open home.

Location
Market Insights for Paddington NSW 2021
New Listings (last 30 days)
11
Average price
$1,809,723
Lowest price
$750,000
Highest price
$4,750,000
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