OFF MARKET

206/1-5 Park Lane
Chippendale NSW 2008

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 46m2
Land area: 48m2
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Property Details for 206/1-5 Park Lane, Chippendale

206/1-5 Park Lane, Chippendale is a 1 bedroom, 1 bathroom Unit and was built in 2013. 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 September 2011.

Building Type
Unit
Year Built
2013
Floor Size
46m2
Land Size
48m2
Local Government
Sydney
Lot/Plan
30/SP88565

Last Listing description (January 2024)

Spacious 1 Bedroom Apartment

This luxurious apartment located in the Central Park building which is a landmark in Sydney CBD, it is cutting edge modern designed and sun-drenched apartment offers, light, space and flexibility. The location is more than perfect, just a short stroll to shopping centre including supermarket and all the restaurants located within the complex and just cross from UTS, minutes' walks to TAFE, University of Sydney, Central Station, Chinatown and Broadway Shopping Centre.

Featuring:

- 1 generous bedroom with built-in wardrobes.
- 1 modern design bathroom
- Open kitchen and living room
- Modern kitchen equipped with high quality, stainless steel appliances
- 24-hour security service with lift access
- Fitness facilities, swimming pool, outdoor spa, and BBQ area
- Close to all amenities, onsite shopping centre
- Walking distance to UTS, USYD

For inspections or more information, please contact Suryani Lim on 0426 838 728

Property History for 206/1-5 Park Lane, Chippendale, NSW 2008

A timeline of how this property has performed in the market
Last Sold
$550,000
15 Sep 2011
Listed for Rent
$850/w
05 Jan 2024
  • 01 Dec 2023
    Listed for Rent $850 / week
  • 28 Nov 2022
    Listed for Rent $700 / week
  • 24 Dec 2020
    Listed for Rent $460 / 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 5,630 properties. Over the last 5 years, Houses in Chippendale have seen a 33.56% increase in median value, while Units have seen a 2.99% increase. As at 31 July 2024:

  • The median value for Houses in Chippendale is $1,709,520 while the median value for Units is $833,037.
  • Houses have a median rent of $1,100 while Units have a median rent of $825.
There are currently 49 properties listed for sale, and 36 properties listed for rent in Chippendale on OnTheHouse. According to CoreLogic's data, 228 properties were sold in the past 12 months in Chippendale.

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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.