1/48 Park Avenue, Ashfield, NSW 2131 | Property Value & History | OnTheHouse
OFF MARKET

1/48 Park Avenue
Ashfield NSW 2131

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Last updated 13 Apr 2026
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Property Details for 1/48 Park Ave, Ashfield

1/48 Park Ave, Ashfield is a 2 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Inner West

Last Listing description (April 2026)

Set on the top floor of a classic red-brick building, this light-filled two-bedroom apartment offers privacy, natural airflow and an easy-care lifestyle in a well-connected Ashfield address. With its own private side entry and two balconies extending the living space, the home feels open, comfortable and full of natural light.

Perfect for tenants seeking convenience and low-maintenance living, this is a practical opportunity in the heart of the Inner West.

Property Highlights

Two bright bedrooms
One bathroom
Two balconies - one at the entrance and one off the main bedroom
Top floor position with excellent natural airflow
Private side access
Shared external laundry facilities
Shared yard area

Located within approximately to Ashfield Station for direct CBD access, and close to Ashfield Mall for everyday shopping and dining. Enjoy green open space nearby at Pratten Park, ideal for recreation and relaxation.

A convenient Inner West address offering comfort, privacy and lifestyle appeal.

Staying informed about market trends is essential but can be challenging for investors. To explore tailored strategies for maximising the performance of your portfolio, contact Ray White Ashfield|Summerhill on 8753 2300 for a confidential Discussion.

To book your inspection simply click on 'Email Agent' or the 'Book inspection' Button. By registering, you will be instantly informed of inspections, updates and changes to your appointment. If you have any questions please click 'Email Agent', ask your question and we will get back to you as soon as possible.

Disclaimer: Information contained herein is provided by third parties and whilst care is taken to ensure all details are correct, Ray White Elevate Group does not make any representation as to the accuracy of this information and does not accept any responsibility or liability. We recommend that interested parties make their own investigations and enquiries. All images are indicative of the property only.

Property History for 1/48 Park Ave, Ashfield, NSW 2131

A timeline of how this property has performed in the market
Listed for Rent
$550/w
13 Mar 2026
  • 05 Mar 2026
    Listed for Rent $550 / week
  • 25 Mar 2022
    Listed for Rent $390 / week
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About Ashfield 2131

The size of Ashfield is approximately 3.4 square kilometres. It has 24 parks covering nearly 7.2% of total area. The population of Ashfield in 2016 was 23841 people. By 2021 the population was 23012 showing a population decline of 3.5% in the area during that time. The predominant age group in Ashfield is 20-29 years. Households in Ashfield are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ashfield work in a professional occupation.In 2021, 45.10% of the homes in Ashfield were owner-occupied compared with 43.80% in 2016.

Ashfield has 13,095 properties. Over the last 5 years, Houses in Ashfield have seen a 32.99% increase in median value, while Units have seen a 30.37% increase. As at 31 March 2026:

  • The median value for Houses in Ashfield is $2,379,211 while the median value for Units is $929,383.
  • Houses have a median rent of $993 while Units have a median rent of $650.
There are currently 63 properties listed for sale, and 46 properties listed for rent in Ashfield on OnTheHouse. According to Cotality's data, 461 properties were sold in the past 12 months in Ashfield.

Suburb Insights for Ashfield 2131

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.