Part 8/10:
Jordan notes that Paddington is a coveted inner-city suburb known for its vibrant lifestyle, with the property sitting at the top end of its market segment. Its proximity to cafes, restaurants, and parks enhances its appeal. The house's construction cost, estimated between $8,000 and $11,000 per square meter, underscores its premium quality. Interestingly, Jordan mentions that buying a finished property like this is often more cost-effective in the long run than building from scratch, due to soaring construction costs.