Back 2/54A Hopewell Street
Off Market

2/54A Hopewell Street

Paddington NSW 2021

1
Studio
Last sold for $380,000
Nicholas MurrayNicholas Murray, last sold this property on 23 August 2026 after 37 days on market.

Overview

Affordable Paddington Entry with Unlimited Potential

An exceptional opportunity to secure an affordable foothold in one of Sydney's most sought-after suburbs, this original studio apartment presents the perfect blank canvas for buyers looking to renovate and add significant value. Offered in largely original condition, the apartment is ready for a complete transformation. Whether you're a first home buyer, investor or experienced renovator, this is your chance to create a stylish inner-city residence tailored to your own vision. Enjoy the convenience of Oxford Street's vibrant cafés, restaurants, boutique shopping and city transport just moments away, while Centennial Park, Moore Park and the CBD are all within easy reach. Property Features Original studio apartment with unlimited renovation potential Blank canvas ready for a complete transformation Ideal first home, investment or renovation project Secure building in a tightly held Paddington location Functional kitchenette and bathroom Excellent opportunity to add significant value Location Moments to Oxford Street cafés, restaurants and boutiques Walk to Centennial Park and Moore Park Easy access to the CBD and Bondi Junction Outstanding lifestyle in one of Sydney's most desirable suburbs

Features

1 bathroom
Studio

Estimated Value

Based on this property and similar studios sold in Paddington over the last 12 months, the estimated median property value of 2/54A Hopewell Street is $450k.

Median value
$450k
Estimated value range
$380k - $546k
Median days on market
21
Estimated value trend
-11%
decrease 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 2/54A Hopewell Street

2026
Sold
$380,000
23 Aug 2026 by Nicholas Murray, of Murray Property

Happy sellers in Paddington

80%
80% 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 39 reviews in Paddington over the last 12 months.

Local market activity for studios in Paddington

In the last 12 months, 6 studios similar to 2/54A Hopewell Street, have been sold.

This represents a 13% increase in studios sales when compared to the previous 12 months.

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