31 Alma Street, Paddington QLD 4064
31 Alma Street, Paddington QLD 4064
Paddington freestanding house with pool | Rumpus room plus study | 430sqm block near CBD | Flood overlay identified
A four-bedroom freestanding house with a study and rumpus room on a 430 square metre block is an uncommon configuration so close to the city, and the inclusion of a pool and deck amplifies its appeal for buyers prioritizing lifestyle efficiency. This property is best suited to professionals with families who value a direct commute and generous internal space without the compromise of strata living.
The flood overlay represents the most material risk, demanding that a purchaser verify historical flood data and secure suitable insurance. Yet the house’s elevated roofline and standard residential zoning reduce outright danger, and the absence of bushfire or heritage constraints clears the path for straightforward ownership. For the buyer who acts, the opportunity is to capture a rare freestanding residence in a premium suburb where supply is structurally constrained.
Detailed Independent Property Report prepared by PropCred Analyst team for 31 Alma Street, Paddington QLD 4064
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Paddington is a premier inner-west suburb characterised by its heritage charm and vibrant lifestyle, attracting a young professional demographic. Demand is driven by constrained housing supply, population growth, and its proximity to the CBD and excellent schools. The market exhibits strong price growth, particularly for units, with houses commanding a premium. Future performance is underpinned by sustained migration and infrastructure investment, though affordability pressures and interest rate sensitivity present key constraints to watch.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
430m²
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