← Board · Paddington — prices, sales, schools, crime

40 Stephen Street, Paddington

Strata plan SP11374 · 66 lots (NSW Strata Hub) · registered 1976-10-27 (age floor) · VG property id 2100621

This building has 19 recorded sales since 2015; 100% of its 3 tracked resales sold above the owner's purchase price. Every figure below is a government record with its source named — and the last section lists what the public record cannot tell you.

40 Stephen St, Paddington has 66 strata lots with 19 recorded sales since 2015, including 11 sales in the last 3 years. In the postcode, 1-bedroom rents have a median of $698/wk, with the middle half of rents between $560–$750/wk. 2-bedroom rents have a median of $950/wk ($858–$1050/wk for the middle half), and 3-bedroom rents have a median of $1225/wk ($1118–$1612/wk).

Written by AI from the government records on this page — checked figure-by-figure against them (2026-08-28). A description of the record, never advice.

Every sale in this building

19 priced transfers on the public record since 2015. Across 3 same-unit resales, owners held a median 3.4 years and 100% sold above what they paid (median +4.4%/yr gross — price only, before costs and any renovation).

In the last three years, 11 lots changed hands — 17% of the scheme's 66 lots. Trailing 36 months of VG transfers ÷ registered lot count.

Unit 35$951k2026-06-23

Unit 403$1.05M2026-04-01

Unit 10$1.01M2025-11-22

Unit 8$790k2025-10-01

Unit 33$975k2025-09-21

Unit 303$980k2025-07-02

NSW Valuer General bulk property sales information (CC-BY), every lot sharing this building's property id; unit labels are the register's own strings. Transfers under 3 months apart are excluded as double entries; growth figures are gross price movements, not returns.

What units here actually rent for

1-bed$560–$750/wkmedian $69894 bonds, Q2 2026

2-bed$858–$1050/wkmedian $95052 bonds, Q2 2026

3-bed$1118–$1612/wkmedian $122528 bonds, last 12 mo

Real transacted rents — every residential bond lodged in postcode 2021 (NSW Fair Trading, CC-BY). Postcode is the finest geography the source publishes; the middle half (25th–75th percentile) is shown because identical floor plans in one building can lease hundreds apart.

Nearby buildings with dossiers

13 Oatley Rd19 sales · 53 lots

400 Glenmore Rd18 sales · 48 lots · 100% of resales above purchase

8 Bennetts Grove Ave16 sales · 29 lots

357 Glenmore Rd43 sales · 120 lots · 88% of resales above purchase

228 Moore Park Rd39 sales · 100% of resales above purchase

What this dossier cannot tell you

Stated so a gap never reads as a clean bill (rule 7's positive form — silence is not evidence):

The strata books. Levies, the capital-works (sinking) fund, insurance, AGM minutes, and any defect claims in progress are not public records. Only a strata report — a paid inspection of the owners corporation's own books — has them. If you are serious about a unit here, buy that report; nothing on this page substitutes for it.
When the building was actually completed. The 1976 registration date is a floor — the scheme existed by then. Occupation certificates aren't in our sources; a conveyancer can obtain them.
Bedrooms on sales records. The Valuer General publishes no bedroom counts, so the sales above are every configuration pooled — a $732k sale and a $1.38M sale may be different-sized homes, not a price swing.
This building's own rents. Bond data is postcode-grain — the ranges above are the area's real transactions, not this building's ledger.
Why any individual vendor is selling. The patterns above are the building's record; no line on this page is a claim about a particular home or owner.

© State of New South Wales (Spatial Services, a business unit of the Department of Customer Service NSW). For current information go to spatial.nsw.gov.au. VG figures: NSW Valuer General bulk property sales information (CC-BY). Every fact above names its source; where a source doesn't cover this building, the section doesn't appear.