8/23 Palace Street, Ashfield, NSW 2131 | Property Value & History | OnTheHouse
 
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8/23 Palace Street
Ashfield NSW 2131

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 813m2
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Property Details for 8/23 Palace St, Ashfield

8/23 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 813m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
1960
Floor Size
51m2
Land Size
813m2
Local Government
Inner West
Lot/Plan
8/SP14243

Last Listing description (October 2022)

In a premier boulevard street, just a short walk from Ashfield's main shops, cafes and restaurants, this oversized one-bedroom apartment presents as an exceptional opportunity in a quiet convenient setting. It's positioned to the rear on the top floor in a secure low-rise block of only eight and features a light filled northeast aspect with generous living space, a balcony privately shrouded by trees, internal laundry facilities and a valuable lock-up garage. Ready to enjoy straight away, the apartment holds immense appeal as a first home or investment and is ideally placed for easy access to Ashfield's multi-cultural food district, outstanding recreational facilities, parks, sought-after schools and city transport including rail.

- Bright interiors with one common wall and new paint throughout
- Open living area including study/office space and private balcony

- Modern eat-in kitchen and combined full bathroom with laundry
- North facing bedroom features full length mirrored built-in robes
- Plantation shutters, timber parquetry floors, r/c air conditioning
- Side driveway to single lock-up garage at the rear of the building
- City buses moments away, Pratten and Peace Parks both nearby
- 15min (1km) walk to Aquatic Centre, Ashfield Mall and the station
- Close to Sydney Private Hospital; school zone incl. Ashfield Public

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Property History for 8/23 Palace St, Ashfield, NSW 2131

A timeline of how this property has performed in the market
Last Sold
$590,000
08 Jul 2022
Listed for Rent
$360/w
14 Sep 2012
  • 08 Jul 2022
    Sold for $590,000
  • 27 Jun 2022
    Listed for Sale Forthcoming Auction | Contact Agent
  • 04 Sep 2012
    Listed for Rent $360 / 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 13,089 properties. Over the last 5 years, Houses in Ashfield have seen a 51.53% increase in median value, while Units have seen a 32.28% increase. As at 30 November 2025:

  • The median value for Houses in Ashfield is $2,478,469 while the median value for Units is $921,351.
  • Houses have a median rent of $680 while Units have a median rent of $650.
There are currently 56 properties listed for sale, and 58 properties listed for rent in Ashfield on OnTheHouse. According to Cotality's data, 468 properties were sold in the past 12 months in Ashfield.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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