509/8 Park Lane, Chippendale is a 1 bedroom, 1 bathroom Unit and was built in 2014. The property has a land size of 47m2 and floor size of 44m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
The Stylish 1 bedroom, 1 bathroom apartment comes with a spacious winter garden / study room integrated with open living space and stylish kitchen with appliances such as oven, microwave, refrigerator. There is also a storage located in the basement of the building.
The location is more than perfect, the iconic building rises close to UTS (University of Technology Sydney), minutes' walks to Ultimo TAFE, University of Sydney, Chinatown, Central station, QVB, Broadway Shopping centre and all kinds of renowned restaurants.
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 5,650 properties. Over the last 5 years, Houses in Chippendale have seen a 15.28% increase in median value, while Units have seen a -0.40% decrease. As at 30 November 2024:
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