SOLD
Sold on 15 Mar 2024 for $1

702/1-5 Park Lane
Chippendale NSW 2008

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 38m2
Land area: 47m2
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Property Details for 702/1-5 Park Lane, Chippendale

702/1-5 Park Lane, Chippendale is a 1 bedroom, 1 bathroom Unit and was built in 2013. The property has a land size of 47m2 and floor size of 38m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Chippendale in the last 12 months.

Building Type
Unit
Year Built
2013
Floor Size
38m2
Land Size
47m2
Local Government
Sydney
Lot/Plan
126/SP88565

Last Listing description (November 2023)

Enjoying the contemporary and sleek design in Central Park development. This exceptional home is ideally located on the edge of the City.

'The Mark' of Central Park by Frasers Property and Sekisui House is offering all residents a unique lifestyle surrounded by parks and gardens with a large shopping complex. Central Park Mall is right at your doorsteps with movie theatre, short walking distance to Broadway shopping centre and restaurants, Central Station, Bus networks, UTS & Sydney University.


The key features:
- 24/7 concierge and security service
- Ducted air conditioning
- Swimming pool, Spa, and Gym.
- Footsteps to the CBD and on the doorstep to USYD and UTS universities

Please contact agent at 0405 799 699 or on WeChat: XKLGROUP

Please be advised that your application will only be processed once the property has been inspected.

Property History for 702/1-5 Park Lane, Chippendale, NSW 2008

A timeline of how this property has performed in the market
Last Sold
$1
15 Mar 2024
Listed for Rent
$880/w
27 Nov 2023
  • 15 Mar 2024
    Sold for $1
  • 22 Nov 2023
    Listed for Rent $880 / week
  • 24 Jun 2014
    Sold for $615,000

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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 5,532 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 51 properties listed for sale, and 67 properties listed for rent in Chippendale on OnTheHouse. According to CoreLogic's data, 227 properties were sold in the past 12 months in Chippendale.

Suburb Insights for Chippendale 2008

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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.