OFF MARKET

78 City Road
Chippendale NSW 2008

Bedrooms: 5
Bathrooms: 5
Car spaces: -
Land area: 211m2
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Property Details for 78 City Rd, Chippendale

78 City Rd, Chippendale is a 5 bedroom, 5 bathroom House. The property has a land size of 211m2. While the property is not currently for sale or for rent, it was last sold in October 2014.

Building Type
House
Land Size
211m2
Local Government
Sydney
Lot/Plan
13/DP260527

Last Listing description (October 2024)

Two blocks from Broadway & 5 minutes to Central Station. Outstanding investment opportunity with impressive credentials and a history of consistent income performance.

Highlights
* Fully leased generating $182k pa income

* Registered boarding house over 3 levels
* 4 one-bedroom + 1 studio apartment
* All apartments are fully furnished
* Rear lane access for 2 vehicles
* Land size 211sqm - Fire Rated AFSS
* Strong & consistent income-generating asset
* Strategic investment, exposure to uni tenancy
* Lower price range, no land tax
* Cosmetic upgrades will improve asset

Property History for 78 City Rd, Chippendale, NSW 2008

A timeline of how this property has performed in the market
Last Sold
$1,800,000
10 Oct 2014
Listed for Rent
$750/w
16 Aug 2024
  • 16 Aug 2024
    Listed for Rent $750 / week
  • 15 Apr 2024
    Listed for Sale Guide $3,100,000
  • 16 Apr 2020
    Listed for Rent $500 / 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 5,538 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 47 properties listed for sale, and 58 properties listed for rent in Chippendale on OnTheHouse. According to CoreLogic's data, 224 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.