Back 10/8 Underwood Street
Off Market

10/8 Underwood Street

Paddington NSW 2021

1
1
Apartment
Michael StavrianosMichael Stavrianos, last sold this property on 12 November 2025 after 62 days on market.

Overview

Lock in a Sydney investment now - beat the 1st home buyer competition

Smart investors know timing is everything. With first home buyer incentives launching in October 2025, competition for entry-level properties has stepped up. This unique Paddington apartment presents a great opportunity to secure an investment before competition increases. Located just 50m from Oxford Street's thriving precinct. Ultra convenient location tenants love the Paddington lifestyle. Just 50 metres to Oxford Street, being able to walk to work in the CBD (less than 3km), enjoy dining and entertainment on their doorstep, and live in a character-filled neighbourhood that never loses its appeal. The generous balcony, abundant natural light, and peaceful rear bedroom create the perfect live/work environment that today's renters demand. This well presented one-bedroom apartment in a boutique building of just 28 units offers the investor income from day 1. With a north facing aspect, internal laundry, with some appliances included, this apartment is immediately rental-ready. Potential to update and add value. In a market where good one-bedroom apartments are scarce, this Paddington gem represents both immediate rental return and potential to update and add value. Don't wait for demand to increase secure your investment now. Key Investment Features: - Just 50m to Oxford Street premium Paddington location - North facing first floor apartment maximum natural light - Boutique security building with only 28 units first floor, no lift - Open plan living with generous balcony modern layout - Internal laundry and peaceful rear bedroom features tenants want - Ultra convenient location - less than 3km to the CBD (All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty to the information provided. Interested parties must solely rely upon their own enquiries).

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Paddington over the last 12 months, the estimated median property value of 10/8 Underwood Street is $882.75k.

Median value
$882.75k
Estimated value range
$440k - $1.48m
Median days on market
22
Estimated value trend
12%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Paddington. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 10/8 Underwood Street

2025
Sold
Undisclosed
Private Sale/Treaty on 12 Nov 2025 by Michael Stavrianos, of LJ Hooker Woollahra
2023
Rented
Undisclosed
Leased on 14 Jul 2023 by LJ Hooker Woollahra
2016
Sold
$551,000
Auction Sale on 18 May 2016 by Michael Stavrianos, of LJ Hooker Woollahra

Happy sellers in Paddington

77%
77% of sellers in Paddington reported that their sale price either exceeded or met their price expectations.

Paddington stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 38 reviews in Paddington over the last 12 months.

Local market activity for 1 bedroom apartments in Paddington

In the last 12 months, 33 one-bedroom apartments similar to 10/8 Underwood Street, have been sold.

This represents a 6% decrease in one-bedroom apartments sales when compared to the previous 12 months.

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