Paddington’s 2.5 km inner-west location, 50+ cafés, 15+ parks and strong school/childcare options keep it high on professional and family wish lists for a village feel minutes from the city. Inventory is very tight (0.27% stock ratio, 1.25 months supply, mid-30s days on market), so buyers keep competing and the $2.1M median house price (up ~3.5% y/y) and $867k units (up ~8.2%) have been steady to slightly higher over the past six months. Affordability (index ~63 years) and thin rental yields (about 2.4% houses, 4.0% units) keep rate-shock risk front of mind even as buyers press on, while Olympic-related infrastructure in inner Brisbane keeps the longer-term growth case alive.