
Brisbane · Inner Brisbane
A Brisbane suburb in the Brisbane City Council area. Most homes are separate houses.
Last reviewed 25 October 2026
Market snapshot
Estimate, not an official figure · September 2026
Median house
$2.00M - $2.75M
Mid-band $2.38Mspread 32%
Median unit
$975,000 - $1.30M
Mid-band $1.14Mspread 29%
Rental yield
2.1% to 3.1%
Gross yield on house stock. Premium suburbs compress.
Price growth for Paddington is not shown. Our estimates for May and September 2026 gave five-year figures more than 10 points apart, and no licensed sales data is available to check which is right.
Before you buy
Government House, Baroona, Glentworth, the Ithaca Fire Station (former) and the Paddington Antiques Centre are among the places with Paddington addresses on the Queensland Heritage Register. The council's local heritage list includes churches, shops and a former tram shelter on Given Terrace and Latrobe Terrace. Parts of Paddington are in City Plan 2014's traditional building character overlay. Check the address in City Plan before you plan works.
Parts of Paddington are mapped in City Plan's Brisbane River flood overlay, and the council's maps of the January 2011 and February 2022 floods each include part of the suburb. Get a FloodWise Property Report for the address before you make an offer.
Translink lists bus stops in Paddington, such as Latrobe Terrace at the Old Ithaca Fire Station. We found no train station or ferry terminal in the suburb.
Parts of Paddington fall in the 2026 catchments of Milton, Petrie Terrace, Ithaca Creek and Rainworth state schools, each with an equidistant catchment. Check the address against the catchment if you are counting on a place.
Residential Tenancies Authority bond data for the September 2026 quarter puts the median weekly rent for a new Paddington tenancy at $900 for a three-bedroom house and $600 for a two-bedroom flat. That quarter, the Residential Tenancies Authority recorded 114 new bonds.
At the 2021 Census, 66.2% of Paddington homes were separate houses, 21.7% were flats or apartments and 11.5% were semi-detached or townhouses.
Agents on a Pro plan who serve Paddington
Why a buyers agent
In Paddington, parts of the suburb are in the character overlay, places on Given and Latrobe Terraces are heritage listed, and parts fall in several state school catchments. A buyers agent who works Brisbane checks City Plan and the school catchment for each home on your shortlist, prices it against the sales closest to it, and negotiates or bids at auction for you.
Parts of Paddington are in the traditional building character overlay, and places on Given and Latrobe Terraces are heritage listed. An agent checks the address before you bid.
Parts of Paddington fall in the Milton, Petrie Terrace, Ithaca Creek and Rainworth state school catchments. Check the address against the catchment if you are counting on a place.
Translink lists bus stops in Paddington, and we found no train station or ferry terminal there. An agent weighs how each home sits for your commute.
The Queensland Revenue Office charges no transfer duty on a first home valued at $700,000 or less, and the first home concession ends at $800,000. An agent with your conveyancer checks whether the home you choose qualifies before you sign.
Compare
| Metric | This suburbPaddington | NearbyAshgrove | NearbyAuchenflower | NearbyBardon |
|---|---|---|---|---|
| Median house | $2.00M - $2.75M | Not available | $1.80M - $2.40M | $1.85M - $2.45M |
| Median unit | $975,000 - $1.30M | Not available | $700,000 - $950,000 | $1.00M - $1.35M |
| Rental yield | 2.1% to 3.1% | Not available | 2.0% to 3.0% | 2.1% to 3.1% |
| Postcode | 4064 | 4060 | 4066 | 4065 |
Snapshot date varies by suburb; see individual suburb pages for figures.
The place
Paddington had 9,063 residents at the 2021 Census, with a median age of 34. It is in the Brisbane City Council area.
At the 2021 Census, 25.1% of Paddington homes were owned outright and 30.5% with a mortgage. The median weekly rent at that Census was $470 and the median monthly mortgage repayment was $2,708.
Frequently asked
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Editorial review: 25 October 2026.
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