4/23 Palace StreetAshfield NSW 2131
Property Details for 4/23 Palace St, Ashfield
4/23 Palace St, Ashfield is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 814m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 1 bedroom Unit sold in Ashfield in the last 12 months.
Last Listing description (June 2026)
Perfectly positioned on the first floor of a well-maintained security block, this spacious one-bedroom apartment presents an outstanding opportunity for first home buyers, downsizers and investors alike. Offering generous proportions, a functional layout and a leafy outlook, the home combines comfort, convenience and lifestyle in one of Ashfield's most sought-after locations.
Filled with natural light and enjoying a peaceful setting, the apartment features a spacious living and dining area flowing to a covered balcony, an eat-in kitchen, a generous bedroom with built-in robe and a large bathroom with internal laundry facilities. Ready to move straight in while offering scope to further enhance and add value over time.
Ideally located within easy reach of Ashfield's vibrant shopping precinct, cafes, restaurants, schools, parks and transport options, this is an exceptional opportunity to secure a quality home in a highly convenient Inner West address.
Property Features
Generous one-bedroom apartment in a secure, well-maintained complex
Spacious living and dining area with leafy outlooks
Covered balcony ideal for relaxing or entertaining
Large eat-in kitchen with ample storage and bench space
Well-proportioned bedroom complete with built-in wardrobe
Original bathroom with bathtub and internal laundry facilities
Parquetry timber flooring throughout living areas and bedroom
Ground floor position offering easy access
Dedicated car space on title
Excellent opportunity for owner-occupiers and investors
Moments to Ashfield Mall, Ashfield Station, cafes, restaurants and local parks
Lifestyle Location
- Rental potential $575 p/w
Enjoy the convenience of living in the heart of Ashfield, with everything you need just moments from your doorstep. Stroll to local cafes, supermarkets, shopping centres and transport, while enjoying easy access to the Sydney CBD and surrounding Inner West lifestyle hubs.
Approximate Areas
Internal: 52 sqm
Balcony: 5 sqm
Car Space: 13 sqm
Total: 70 sqm (approx.)
Council rates: $390 p/q
Water rates: $185 p/q
Strata rates: $995 p/q
Strata Report available here https://www.eyeon.com.au/existing-inspection/Ashfield/2131/NSW/4~23_Palace_Street/49990/42147
Property History for 4/23 Palace St, Ashfield, NSW 2131
- 17 Jun 2026Sold for $738,313
- 11 Jun 2026Listed for Sale $738,313
- 31 Oct 2002Sold for $260,000
Recent sales nearby
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About Ashfield 2131
The size of Ashfield is approximately 3.4 square kilometres. There are 24 parks, covering nearly 7.2% of the 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 13,107 properties. Over the last 5 years, Houses in Ashfield have seen a 21.91% increase in median value, while Units have seen a 24.24% increase. As at 31 May 2026:
- The median value for Houses in Ashfield is $2,330,381 while the median value for Units is $911,544.
- Houses have a median rent of $1,000 while Units have a median rent of $660.
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