114 Sutherland Street, Paddington NSW 2021

114 Sutherland Street, Paddington NSW 2021
Northeast rear aspect | Victorian terrace | Paddington heritage zone | 64m² land | Owner-occupied street character The property’s northeast-to-rear orientation is a rare competitive edge in Paddington, delivering natural light and usable outdoor space that most terraces lack. The polished timber floors and open-plan living suit a buyer seeking immediate amenity in a tightly held street with 65% owner-occupiers, reducing turnover risk. For a professional couple or downsizer, this house offers a strong negotiating position: the 2020 purchase at $1.8m and current guide imply a 39% uplift, yet comparable sales support the ask if the heritage overlay is accepted as a constraint rather than a flaw. Heritage zoning limits external modifications, which may frustrate buyers planning extensions, but it also protects the street’s character and long-term value. The 64m² land size is modest, so future capital growth will depend on location demand rather than land banking. Rental yield at ~$1,200 per week is low relative to price, making this primarily a hold-for-occupation or long-term capital play. Use it as a lock-and-leave residence or a stable family home in a prime school catchment.
Detailed Independent Property Report prepared  by PropCred Analyst team for 114 Sutherland Street, Paddington NSW 2021
Checks found:
Value Risk ! 1
Liquidity Risk
Planning Risk ! 1
Income Risk ! 1
Execution Risk 2
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Market Insight

Paddington is a tightly held, high-character suburb in Sydney’s Eastern Suburbs, defined by its heritage terrace homes and low turnover. Demand is driven by high-income owner-occupiers and professionals seeking architectural charm and lifestyle convenience, creating intense competition for limited stock. The house market exhibits strong capital growth, while the unit segment has softened. Future growth is anchored in enduring scarcity and desirability, though the market’s premium pricing and highly restricted new development present ongoing supply constraints.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

-

Land

64m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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