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Sold on 19 Aug 2024 for $2,500,000

46 Palace Street
Ashfield NSW 2131

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 626m2
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Property Details for 46 Palace St, Ashfield

46 Palace St, Ashfield is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 626m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in Ashfield in the last 12 months.

Building Type
House
Land Size
626m2
Local Government
Inner West
Lot/Plan
4/DP130148

Last Listing description (August 2024)

This very attractive freestanding residence is ready to live-in and offers an excellent opportunity to secure a solid character property close to the heart of Ashfield. It makes a great start to family life and is presented in good condition with well-proportioned interiors, a spacious backyard and lots of future potential for a cosmetic update, redesign or creative renovation to give it a new lease on life. This central location is close to Peace Park and Pratten Park and within a short walking distance to Liverpool Road's cafes, dining and shopping, with city transport close to the front door.

A wide 626sqm block with access from Woodlands Road at the rear
Generous accommodation with four good-sized double bedrooms

The well-lit interiors include separate lounge room and dining areas
Sheltered alfresco deck and spacious backyard with sunny level lawn
Secure carport, lock-up garage and garden shed accessed from the rear
A well-equipped gas kitchen, bright bathroom and internal laundry
Potential for duplex development or new build (subject to approval)
A great opportunity to renovate and capitalise on a top position

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Property History for 46 Palace St, Ashfield, NSW 2131

A timeline of how this property has performed in the market
Last Sold
$2,500,000
19 Aug 2024
Listed for Rent
$850/w
05 Nov 2022
  • 17 Aug 2024
    Sold for $2,500,000
  • 22 Jul 2024
    Listed for Sale SOLD- $2,500,000
  • 07 Oct 2022
    Listed for Rent $850 / week
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About Ashfield 2131

The size of Ashfield is approximately 3.4 square kilometres. It has 24 parks covering nearly 7.2% of total area. The population of Ashfield in 2011 was 22,190 people. By 2016 the population was 23,848 showing a population growth of 7.5% in the area during that time. The predominant age group in Ashfield is 20-29 years. Households in Ashfield are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ashfield work in a professional occupation. In 2011, 50.5% of the homes in Ashfield were owner-occupied compared with 43.8% in 2016.

Ashfield has 12,916 properties. Over the last 5 years, Houses in Ashfield have seen a 39.98% increase in median value, while Units have seen a 30.58% increase. As at 31 October 2024:

  • The median value for Houses in Ashfield is $2,153,685 while the median value for Units is $871,360.
  • Houses have a median rent of $700 while Units have a median rent of $620.
There are currently 69 properties listed for sale, and 77 properties listed for rent in Ashfield on OnTheHouse. According to CoreLogic's data, 492 properties were sold in the past 12 months in Ashfield.

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