15 Palace StreetAshfield NSW 2131
Property Details for 15 Palace St, Ashfield
15 Palace St, Ashfield is a 5 bedroom, 2 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 563m2 and floor size of 159m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
Last Listing description (April 2022)
Currently configured as two separate apartments, this solid freestanding home is ready to be lived in yet holds vast untapped potential to further enhance or redesign and truly capitalise on its prime Inner West location. Set on a large 569sqm north-to-rear level block with dual street access, it offers so many options with scope to use as an investment with immediate rental returns or a great renovation project. Either way, it represents a unique prospect with a big future and is located central to Ashfield's major transport and shopping hub, with Peace Park and Pratten Park within a stroll.
Two separate two-bedroom apartments both with private entry
Scope to use as a dual living investment with solid rental returns
Separate studio with bathroom and access from the rear lane
Lock-up garage and workshop with mezzanine storage at the rear
Potential to redesign or transform into a single residence (STCA)
In a boutique street footsteps to the bus stop and Graham Reserve
Easy walk to the train station, schools, cafes and restaurants
Property History for 15 Palace St, Ashfield, NSW 2131
- 04 Dec 2021Sold for $2,200,000
- 02 Nov 2021Listed for Sale Auction - Martin Lorello and Guy Lorello
- 08 Feb 1997Listed for Sale Not Disclosed
Recent sales nearby
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0About 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 13,093 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.
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