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Sold on 31 Aug 2024 for $613,000

1202/18 Park Lane
Chippendale NSW 2008

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 46m2
Land area: 48m2
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Property Details for 1202/18 Park Lane, Chippendale

1202/18 Park Lane, Chippendale is a 1 bedroom, 1 bathroom Apartment. The property has a land size of 48m2 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Apartment sold in Chippendale in the last 12 months.

Building Type
Apartment
Floor Size
46m2
Land Size
48m2
Local Government
Sydney
Lot/Plan
175/SP89975

Last Listing description (August 2024)

Auction Location: Onsite

In Central Park's 'The Mark' development, this stylish studio apartment showcases the visionary design of renowned developers Frasers and Sekisui House. It's a matter of moments from universities, Central Station, Broadway Shopping Centre and Chinatown.

– Practical 46sqm layout has impeccably presented living zone

– Wintergarden with floor-to-ceiling glass and urban outlooks
– Modern gas kitchen reveals refrigerator, mirrored splashback
– Sizeable bedroom area features built-in robe and privacy curtain
– Luxurious rain shower bathroom offers concealed Euro laundry
– Tiled floors, intercom entry plus basement storage cage
– On site pool, gym, rooftop barbecue area, 24-hour concierge
– Outstanding option for first homebuyers and investors alike
– Opposite UTS, walk to Ultimo TAFE and University of Sydney
– Myriad of cafés and restaurants at the door, steps to lush parks

Apartment 46sqm
Storage 2sqm

Disclaimer:
All information contained herein is gathered from third party sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own independent enquiries and not on the information contained herein. Figures and details are subject to change without further notice.

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Property History for 1202/18 Park Lane, Chippendale, NSW 2008

A timeline of how this property has performed in the market
Last Sold
$613,000
31 Aug 2024
  • 31 Aug 2024
    Sold for $613,000
  • 06 Aug 2024
    Listed for Sale Auction Saturday 31st August
  • 17 May 2013
    Sold for $550,000

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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 5,630 properties. Over the last 5 years, Houses in Chippendale have seen a 23.37% increase in median value, while Units have seen a 0.90% increase. As at 31 August 2024:

  • The median value for Houses in Chippendale is $1,683,516 while the median value for Units is $830,736.
  • Houses have a median rent of $1,100 while Units have a median rent of $828.
There are currently 49 properties listed for sale, and 33 properties listed for rent in Chippendale on OnTheHouse. According to CoreLogic's data, 233 properties were sold in the past 12 months in Chippendale.

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