SOLD
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Sold on 28 Feb 2024 for $760,000

1515/18 Park Lane
Chippendale NSW 2008

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
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Property Details for 1515/18 Park Lane, Chippendale

1515/18 Park Lane, Chippendale is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Apartment sold in Chippendale in the last 12 months.

Building Type
Apartment
Floor Size
74m2

Last Listing description (February 2024)

This bright and airy apartment in the heart of Chippendale, part of the Central Park development in Sydney, offers a modern and convenient living space. The undercover balcony connecting the living room and bedroom on level 15 allows residents to wake up to stunning views of the city skyline.

The collaboration between Frasers Property Australia and Sekisui House Australia in the development of Sydney Central Park showcases a commitment to creating a contemporary and secure living space. The amenities, including a gym, swimming pool, spa, and 24-hour concierge, enhance the overall lifestyle within the building.

The apartment is only a short walk to Central Park Mall, a popular shopping and dining precinct, adds to the convenience. Proximity to Central train and bus stations, as well as the Light Rail, ensures quick and efficient transportation to the city, major universities, Broadway shopping mall, and other parts of Sydney.

Features:
- High Level Apartment on the 15th floor
- Spacious 22sqm car park accommodating both a car and a motorbike
- Modern, high-quality finished bathroom
- Ducted air-conditioning
- Secure building featuring a concierge and intercom system
- Resort-style facilities including a pool, gym, and spa
- Sustainability initiatives like rainwater harvesting, energy-efficient design, and green building practices
- Prime location close to Central Park Mall, Central train and bus stations, and major universities

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Property History for 1515/18 Park Lane, Chippendale, NSW 2008

A timeline of how this property has performed in the market
Last Sold
$760,000
28 Feb 2024
Listed for Rent
$760/w
07 Mar 2022
  • 14 Feb 2024
    Sold for $760,000
  • 18 Jan 2024
    Listed for Sale $750,000 - $780,000
  • 24 Mar 2020
    Listed for Rent $650 / week
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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 5,522 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 63 properties listed for rent in Chippendale on OnTheHouse. According to CoreLogic's data, 227 properties were sold in the past 12 months in Chippendale.

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