Paterson, NSW 2421

Maitland City CouncilAll suburbs in postcode 2421

Updated

Median house price

$885,000

-5.3% over the past year.

Median of 12 house sales · NSW Valuer General · calendar 2025

Selling in Paterson?

Get the free selling guide, personalised to Paterson, or ask for a free appraisal from a local agent.

Paterson at a glance

Median unit
$343,440
Population
960
Median age 41

Prices: Median of 12 house sales · NSW Valuer General · calendar 2025 · Population: 2021 Census

House prices in Paterson

Houses change hands at $885,000 on a typical sale, below the NSW median (12 house sales, NSW Valuer General, calendar 2025). Units come in around $343,440, roughly 61% below the house median. The 12-month picture shows a softening market (-5.3%), giving buyers more room to negotiate.

For sellers

With 12-month growth at -5.3%, pricing should anchor to the most recent six months of comparables, not last year's peak.

Work out your selling costs

For buyers

A 20% deposit on the median house works out to roughly $177,000. Prices are below the NSW median, which keeps Paterson on the radar for first-home buyers and right-sizers.

See what you can borrow

Rental data as of October 2026

Free appraisal in Paterson

What’s your home worth in Paterson?

Ask us to introduce one participating agent who sells in your area for an appraisal backed by recent comparable sales. Only with your permission, and no commitment to list.

What to know about Paterson

Paterson (2421) sits in the Maitland region of NSW. The median house here is $885,000, below the NSW median of around $1.10M. Prices have moved -5.3% over the past year, well behind the NSW average (3%).

Paterson has roughly 960 residents, with a typical family-age mix. Households are predominantly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.

What it’s like to live here

Paterson scores 0/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.

Summer days here average around 31°C (warm), winter mornings around 6°C (cool). Annual rainfall lands at about 938 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).

Schooling within or near the suburb covers 15 government primary, 1 government secondary, 3 Catholic, 1 independent.

Schools in Paterson

Schools serving Paterson: government first, then Catholic and independent.

Government schools

Paterson Public School

K-6Co-edGovernment
Catchment

Martins Creek Public School

K-6Co-edGovernment
Catchment

Vacy Public School

K-6Co-edGovernment
Catchment

© ACARA, licensed under CC BY 4.0.

Location

Walkability

Walk
0/100
Transit
0/100
Bike
0/100

Very car dependent. Scores out of 100, calculated from OpenStreetMap data (ODbL).

Walkability data as of May 2026· OpenStreetMap

Demographics

The 2021 Census put Paterson's population at 960, with a median age of 41. That sits as a typical family-age mix. Households are predominantly owner-occupied (82% own, 13% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (79% family households, 21% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.

Family households
79%
Lone person
21%
Owner occupied
82%
Renter occupied
13%

Demographics data as of May 2026· ABS 2021 Census

Investment overview

12-month change, housesSource: NSW Valuer General (PSI) · Sept 2026
-5.3%

Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.

Crime and safety

9 offences recorded in 2026

Top offence categories
Assault3 (33.3%)
Theft2 (22.2%)
Transport regulatory offences2 (22.2%)
Sexual offences1 (11.1%)
Pornography offences1 (11.1%)

Source: State Police Open Data

Crime data as of January 2026

Weather year-round

Annual rainfall
938 mm
Hottest month, avg max
30.5°C
Coldest month, avg min
6.3°C
Rainfall by month
J
F
M
A
M
J
J
A
S
O
N
D

Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.

Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations

Questions about Paterson

What is the median house price in Paterson?
The median house price in Paterson, NSW 2421 is $885,000 (median of 12 house sales recorded by the NSW Valuer General in calendar 2025). The median unit price is $343,440. Annual growth is -5.3%.
How much is my house worth in Paterson?
A useful starting point is the Paterson median house price of $885,000 (units $343,440). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
Is Paterson a good investment?
On the published figures, Paterson's median house price fell 5.3% over 12 months, to $885,000 (NSW Valuer General, calendar 2025). No weekly house rent is published for Paterson, so there is no house yield to work out. Whether Paterson is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
What is the Paterson postcode?
Paterson is in the 2421 postcode, in NSW, in the Maitland City Council region.
Where is Paterson?
Paterson is a suburb in the Maitland City Council area, NSW 2421.
What schools are in Paterson?
There are 20 schools serving Paterson on this page, including Paterson Public School, Martins Creek Public School, Vacy Public School.
How walkable is Paterson?
Paterson has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 0.
What suburbs are near Paterson?
Paterson is close to Martins Creek, Tocal, Duns Creek, Vacy, Mindaribba.
What is the population of Paterson?
The population of Paterson is approximately 960 (2021 Census). The median age is 41.

Selling in Paterson? Get the free selling guide

What selling costs, how agents price homes, what to ask them and a 12-week plan to settlement, personalised to Paterson. A free PDF, in about a minute.

Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data

How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.