402/8 Park Lane, Chippendale, NSW 2008 | Property Value & History | OnTheHouse
OFF MARKET

402/8 Park Lane
Chippendale NSW 2008

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 42m2
Land area: 48m2
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Property Details for 402/8 Park Lane, Chippendale

402/8 Park Lane, Chippendale is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 48m2 and floor size of 42m2. While the property is not currently for sale or for rent, it was last sold in March 2024.

Building Type
Unit
Year Built
2013
Floor Size
42m2
Land Size
48m2
Local Government
Sydney
Lot/Plan
31/SP89257

Last Listing description (May 2024)

This luxury apartment exudes a perfect balance of aesthetics, practicality, warmth and clean minimalism. Featuring fresh modern interiors and a superb position, this Central Park apartment holds enormous appeal for both buyers and investors. Move straight in and enjoy a lifestyle of supreme convenience within footsteps to a variety of excellent eateries, transport and amenities.

- Stand alone apartment with no common walls
- Currently tenanted for $720 per week (periodic) Vacant possession available upon settlement if required.

- Living and dining flows easily to a large enclosed balcony
- Stylish contemporary kitchen with quality appliances
- Large bedroom, custom built-in wardrobe, ducted air conditioning
- Ultra modern bathroom with internal laundry facilities
- 2sqm lock up storage cage
- Building facilities include gymnasium and pool
- Exceptional investment property in a sought-after setting
- Stroll to Sydney Uni, UTS, buses/trains, cafes, restaurants and CBD

Located in the centre of the vibrant Broadway business and shopping hub with Universities, Chinatown, Broadway shopping precinct, local cinemas and galleries at your doorstep. Only a short distance walk to Central Station, CBD and Darling harbour; connected to everywhere in Sydney by convenient public transport.

Outgoings:
Strata Rates: $1,954 quarterly approx.
Water Rates: $175 quarterly approx.
Council Rates: $308 quarterly approx.

Property History for 402/8 Park Lane, Chippendale, NSW 2008

A timeline of how this property has performed in the market
Last Sold
$648,000
07 Mar 2024
Listed for Rent
$550/w
20 Dec 2021
  • 08 Apr 2024
    Listed for Rent - Price not available
  • 07 Mar 2024
    Sold for $648,000
  • 09 Jan 2024
    Listed for Sale $648,000
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About Chippendale 2008

The size of Chippendale is approximately 0.5 square kilometres. It has 5 parks covering nearly 2.9% of total area. The population of Chippendale in 2016 was 8617 people. By 2021 the population was 7803 showing a population decline of 9.4% in the area during that time. The predominant age group in Chippendale is 20-29 years. Households in Chippendale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chippendale work in a professional occupation.In 2021, 21.50% of the homes in Chippendale were owner-occupied compared with 23.90% in 2016.

Chippendale has 5,646 properties. Over the last 5 years, Houses in Chippendale have seen a 28.61% increase in median value, while Units have seen a -3.77% decrease. As at 31 December 2025:

  • The median value for Houses in Chippendale is $1,868,566 while the median value for Units is $801,979.
  • Houses have a median rent of $880 while Units have a median rent of $900.
There are currently 24 properties listed for sale, and 50 properties listed for rent in Chippendale on OnTheHouse. According to Cotality's data, 227 properties were sold in the past 12 months in Chippendale.

Suburb Insights for Chippendale 2008

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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.