4/61 Palace St, Ashfield is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 813m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Look no further for an ideal entry level investment offering excellent growth prospects and strong rental returns. With minor cosmetic enhancements, you'll create a stylish modern apartment that offers a lifestyle of exceptional walk-to-everywhere convenience.
Featuring:
Beautiful views over the leafy treetops
Living area flows onto a wide balcony
Large original dine-in kitchen
Three bedrooms with built-in robes
Spacious bathroom with separate bath and shower
Internal laundry facilities
Separate powder room
Includes lock-up garage
Council rates: $332.45 per quarter approx
Strata levies: $1,419.00 per quarter approx.
Total Size: 97.4 sqm approx
Summary: Part of a small boutique building of solid full brick build, this is an outstanding opportunity for purchasers looking to enter this vibrant inner west market. Ashfield Mall, multiple parks and the train station are within easy walking distance of the front door.
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:
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