Back 8/38 Stephen St
Off Market

8/38 Stephen St

Paddington NSW 2021

1
Studio
Michael MinogueMichael Minogue, last sold this property on 16 November 2022 after 237 days on market.

Overview

Light filled studio investment in an ultra-convenient lifestyle address

Perfectly positioned in a highly desirable location, this light filled studio apartment presents an ideal investment opportunity in the heart of Paddington. It's ready to rent out as is and immediately enjoy with excellent potential to renovate and add modern updates. Conveniently nestled in a leafy setting, the property is within easy walking distance of Fiveways Paddington's selection of restaurants, cafés and shops while Rushcutters Bay's sporting ovals and local parklands are also nearby. - Peacefully set in a boutique block of only 18 homes away from the main road - Well maintained and freshly presented interiors across a flowing layout - Versatile living zone/bedroom leading to a sunlit kitchen with lush views - Built-in wall bed plus good sized bathroom complete with a modern vanity - Common undercover balcony, original parquet timber flooring, ample storage - Moments from Woollahra Village, Oxford Street and arterial roads to the CBD - Currently rented at $350.00pw

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 8/38 Stephen St 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 8/38 Stephen St

2026
Rented
Undisclosed
Leased on 16 Feb 2026 by TRG The Rubinstein Group
2022
Sold
Undisclosed
Private Sale/Treaty on 16 Nov 2022 by Michael Minogue, of DiJones Woollahra
2022
Rented
Undisclosed
Leased on 31 May 2022 by DiJones Woollahra

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, 7 studios similar to 8/38 Stephen St, have been sold.

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

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