SOLD
Sold on 15 Aug 2024 for $475,000

116/47-49 Chippen Street
Chippendale NSW 2008

Bedrooms: -
Bathrooms: 1
Car spaces: 1
Floor area: 31m2
Land area: 1561m2
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Property Details for 116/47-49 Chippen St, Chippendale

116/47-49 Chippen St, Chippendale is a 0 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 1561m2 and floor size of 31m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 0 bedroom Unit sold in Chippendale in the last 12 months.

Building Type
Unit
Year Built
2001
Floor Size
31m2
Land Size
1561m2
Local Government
Sydney
Lot/Plan
21/SP64972

Last Listing description (September 2024)

Phone Enquiry Property ID: 2554 (Quote when calling or texting)

Studio Apartment Perfect for Investment with High Rental Income ($700/week) or Owner Occupied
**Currently tenanted at $680 till September 2024. Contract renewable*

*Flexible weekly inspection (Saturday 11am). Kindly send me a message before you come for an inspection*

Featuring:
- a large open space bedroom / living area
- plus a good size kitchen with a cook top, oven, dishwasher and bar fridge makes it very convenient for one or 2 people.
- Good size balcony
- A neat bathroom with internal laundry, washing machine and dryer included.
- Shared rooftop gym, pool, spa and terrace/ Barbeque area
- Secure building with card access
- Secure Lift access.
- Secure parking in reserved space

Internal bathroom, kitchen, and balcony. Gas, water, furniture, and appliances are included [Aircon, fridge, washing machine, dryer, dish washer, oven, microwave, bed, mattress]. 5 minutes' walk to Central Park Mall, Redfern Station, etc. Secured lift, reception desk, gym, swimming pool, sauna, and more. Car space available. We like the central position within close proximity to local shops, trendy restaurants and eateries, cafes, galleries, 2 parks, swimming pool, Sydney University, University of Notre Dame, UTS, Central Park and Broadway shopping centre and shops, etc. All that plus a wide street and within walking distance to Redfern Station and Central Station it probably cannot get much better with this price tag.

Water rates: $163.20/quarter
Council rates: $289.40/quarter
Strata Levy: $991.70/quarter

Property History for 116/47-49 Chippen St, Chippendale, NSW 2008

A timeline of how this property has performed in the market
Last Sold
$475,000
15 Aug 2024
  • 15 Aug 2024
    Sold for $475,000
  • 25 Jun 2024
    Listed for Sale $475,000 to $520,000
  • 22 Mar 2023
    Sold for $385,000
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About Chippendale 2008

The size of Chippendale is approximately 0.5 square kilometres. It has 5 parks covering nearly 2.9% of total area. The population of Chippendale in 2011 was 4,056 people. By 2016 the population was 8,597 showing a population growth of 112.0% in the area during that time. The predominant age group in Chippendale is 20-29 years. Households in Chippendale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chippendale work in a professional occupation. In 2011, 29% of the homes in Chippendale were owner-occupied compared with 23.9% in 2016.

Chippendale has 5,529 properties. Over the last 5 years, Houses in Chippendale have seen a 12.65% increase in median value, while Units have seen a 0.16% increase. As at 31 October 2024:

  • The median value for Houses in Chippendale is $1,678,140 while the median value for Units is $836,656.
  • Houses have a median rent of $940 while Units have a median rent of $850.
There are currently 49 properties listed for sale, and 65 properties listed for rent in Chippendale on OnTheHouse. According to CoreLogic's data, 221 properties were sold in the past 12 months in Chippendale.

Suburb Insights for Chippendale 2008

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.