195 Underwood Street, Paddington

2 1 House


Those keen to get a foot on the property ladder with an address in sought-after Paddington will recognize what a quality start this Victorian terrace presents. Behind the classic facade lies character and charm with a traditional layout, period features and plenty of natural light via a rear northerly aspect. Further enhanced by a handy lifestyle location at the Woollahra end of Paddo, it's moments from daily essentials and transport and a short stroll to Queen Street and Centennial Parklands. This is a great first home or step up from apartment living (with no strata levies) and with solid ongoing returns makes a worthy addition to any investment portfolio.

Front lounge adjoins the separate diningBright & sunny kitchen with gas cookingDouble bedrooms with b/ins, skylit bathroomNorth facing rear courtyardExcellent attic storage, timber flooringHigh ceilings, picture rails, fireplacesOpportunity for cosmetic improvementsSold subject to current tenancy
Council rates: $299.54 pq
Water rates: $280.67 pq
Land: 3.05/2.92 X 16.74/16.64 sqm approx.

Suburb Guide


Just 3km from the CBD, quaint and charming Paddington is one of Sydney's best-known suburbs. It's renowned primarily for Oxford Street, the vast boulevard which runs north to south through the entire suburb and is one of Sydney's premier shopping destinations.Lined with interesting boutiques, high-street shops and eclectic specialty stores, it's also the home of the Paddington Markets, held every Saturday in Paddington Primary School. Glenmore Road (The Intersection with Oxford Street), William Street and Five Ways have also emerged as world-class shopping strips, and it's here that you'll find some of the city's most fashionable boutiques.Paddington is famous for the ornate Victorian terraces which dominate almost every one of its meandering streets. Still quite working class up until the late '80s, Paddington's rapid gentrification saw these formerly rundown residences snapped up and renovated at a rate of knots, with the high demand sending prices skyrocketing into the million dollar stratosphere.

Paddington plays host to a vast array of revered galleries, including the famed Sherman Galleries, which congregate primarily around Glenmore Road and the prestigious tree-lined boulevard of Paddington Street.

It's well-known for its pub culture, with traditional hotels such as The Royal, Bellevue, The London and The Paddington Inn offering great pub food at reasonable prices. A firm favourite among trendy inner city types and executives, Paddington's increasingly high prices mean that the affluent have a firm foothold on the suburb.

Suburb Features


  • Glenmore Road Public School
  • Paddington Public School
  • St Francis of Assisi School (Primary)
  • Sydney Boys High School
  • Sydney Grammar Edgecliff Preparatory School
  • UNSW Art & Design College


  • Centennial Park Summertime Moonlight Cinema
  • Chauvel or Verona cinemas
  • Paddington Library
  • Paddington Markets
  • Paddington Reservoir Gardens
  • Royal Hospital For Women Park
  • Sydney Cricket & Sports Ground Trust - Stadium Fitness Centre
  • Sydney Cricket Ground
  • Sydney Football Stadium
  • Trumper Park Oval
  • The Palms Tennis Centre
  • Victoria Barracks and Army Museum


  • 10 William
  • Barbetta
  • Buon Ricordo Ristorante
  • Chubby Cheeks
  • Cipri Italian
  • Freds
  • Paddington Inn
  • Royal Hotel Paddington
  • Saint Peter
  • Tequila Mockingbird
  • Ursula's Paddington
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