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Rent in Padstow and Padstow Heights (2211)

The median new lease in 2211 was $800 a week in January–September 2026, from 267 leases lodged with NSW Fair Trading. That is about the same as the Sydney median of $800.

Rent by type of home

Houses lease for a median $850 a week here and units for $600. Only home types with at least 10 new leases in January–September 2026 are shown.

HomeMedian rent ($/wk)New leases
2-bedroom unit$60037
1-bedroom house$21814
2-bedroom house$63030
3-bedroom house$82051
4-bedroom house$1,01056
5-bedroom house$1,29525
3-bedroom townhouse$79017
4-bedroom townhouse$1,00011

How rent has changed since 2021

Rent on a new lease here rose 51% in five years, from $530 a week in January–September 2021 to $800 in January–September 2026, slower than the Sydney-wide rise of 60%. Over the past year it rose 2%, against a 7% rise across Sydney.

$500$600$700$800$900202120222023202420252026Sydney $8002211 $840
2211Greater Sydney
Median weekly rent on new leases by quarter. Quarters with fewer than 15 leases in 2211 are left out. Source: NSW Fair Trading.

How much of a local wage the rent takes

A year of rent at the median takes 51% of one average local wage of $81,378, compared with 46% across Sydney. That is the 41st heaviest burden of 218 Sydney postcodes, above the city average. Housing costs above 30% of income are widely treated as housing stress; a household with two average wages would spend about 26%.

Wage: average salary and wages of all residents of 2211 in ATO Taxation Statistics 2023–24, indexed to 2026 with the NSW Wage Price Index. Renters usually earn less than the average resident, so the real burden for renters is likely higher.

Getting your bond back

Of the 264 bonds refunded in 2211 in January–September 2026, 63% went back to the tenant in full and 16% went entirely to the landlord or agent. Across Sydney the figures are 63% and 12%, so tenants here are more likely than average to get their whole bond back (rank 128 of 214, where 1 is the highest full-refund rate).

The median bond was held for 694 days, about 23 months, compared with 575 days across Sydney. Bond records don't say why money went to the landlord: it can cover damage, cleaning or unpaid rent.

Compared with the region and Sydney

2211 is in the Inner South West region, where the median new lease is $730 a week.

Median rent5-yr changeRent burdenFull bond back
2211$800+51%51%63%
Inner South West$730+62%49%57%
Greater Sydney$800+60%46%63%

Other postcodes in Inner South West

Source: NSW Fair Trading rental bond data (new leases and bond refunds, 2021–2026); ATO Taxation Statistics 2023–24. See the methodology for how these figures are calculated.