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Sold on 18 Mar 2024 for $550,000

1513/18 Park Lane
Chippendale NSW 2008

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 42m2
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Property Details for 1513/18 Park Lane, Chippendale

1513/18 Park Lane, Chippendale is a 1 bedroom, 1 bathroom Apartment. The property has a floor size of 42m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Apartment sold in Chippendale in the last 12 months.

Building Type
Apartment
Floor Size
42m2
Local Government
Sydney
Lot/Plan
246/SP89975

Last Listing description (March 2024)

Your opportunity to enjoy living at a luxury open plan studio apartment at Central Park, with easy access to the Sydney CBD, Broadway shopping centre, UTS University, the University of Sydney and China Town.

- Award winning development by Frasers Property, completed end of 2013
- Open plan living and dining space open to a large balcony

- Modern kitchette with electric cooktop, microwave ovens, fridge
- Storage cage included
- Secured building with 24-hour concierge
- Facilities: swimming pool, gymnasium & spa
- 6-star green rated development
- 5-level shopping centre around the corner
- Over 30,000sqm of surrounding park and public space for convenient and relaxing residential living.

Approximate areas:
Internal + balcony: 38 sqm
Storage cage: 3 sqm
Total area: 41 sqm

Approximate outgoings:
Council rate: $309 per quarter
Water rate: $232 per quarter + usage
Strata levy: $1,818 per quarter

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Property History for 1513/18 Park Lane, Chippendale, NSW 2008

A timeline of how this property has performed in the market
Last Sold
$550,000
18 Mar 2024
Listed for Rent
$440/w
18 Oct 2020
  • 18 Mar 2024
    Sold for $550,000
  • 13 Jun 2023
    Listed for Sale Not Disclosed
  • 17 Aug 2020
    Listed for Rent - Price not available
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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 5,635 properties. Over the last 5 years, Houses in Chippendale have seen a 15.71% increase in median value, while Units have seen a -0.25% decrease. As at 30 September 2024:

  • The median value for Houses in Chippendale is $1,654,388 while the median value for Units is $835,965.
  • Houses have a median rent of $950 while Units have a median rent of $850.
There are currently 44 properties listed for sale, and 43 properties listed for rent in Chippendale on OnTheHouse. According to CoreLogic's data, 236 properties were sold in the past 12 months in Chippendale.

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