Paddington

QLD 4064

Paddington is an inner-western suburb in the City of Brisbane, about 2 kilometres from the Brisbane CBD. Given Terrace and Latrobe Terrace form the main ridge-top trading strips, with Baroona Road serving the Rosalie neighbourhood. Steep hills, Queenslander houses and heritage architecture give the centre a distinctive character, and most shops sit along the two terraces.

Paddington is an office and consulting market, with medical or consulting suites and office suites and floors in established ridge-top premises. Red Hill, Milton and Auchenflower are nearby markets to compare.

39

Active lease listings

commercial properties

$65,000

Median annual rent

asking rent across all listings

311

Median days on market

across all active listings

Lease rate trend

$564/m² p.a.

Median advertised rate

Down 7.1%

Change over 12 months

$584202420252026$674$494Jan 2023Sept 2026

Indicative only: advertised rates across all commercial listing types and sizes in Paddington. Drill down to individual listings in MarketBuddy

Listings by sector

19

Medical / Consulting

active lease listings

16

Offices

active lease listings

4

Retail and Shops

active lease listings

Want to know more?

Explore commercial property insights for Paddington in MarketBuddy.

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Last updated 26 September 2026