407/5 Park Lane, Chippendale, NSW 2008 sold on 13 March 2026 | OnTheHouse
SOLD
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Sold on 13 Mar 2026 for $625,000

407/5 Park Lane
Chippendale NSW 2008

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 407/5 Park Lane, Chippendale

407/5 Park Lane, Chippendale is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 1 bedroom Apartment sold in Chippendale in the last 12 months.

Building Type
Apartment

Last Listing description (March 2026)

Set within the award-winning Central Park precinct, this modern **genuine one-bedroom apartment (not a studio)** offers an outstanding lifestyle opportunity in one of Sydney's most vibrant inner-city communities.

Designed for comfort and functionality, the apartment features a spacious, square layout with open-plan living and floor-to-ceiling glass that captures abundant natural light. Enjoy a relaxed yet connected lifestyle surrounded by colourful parklands and an unbeatable selection of award-winning restaurants, cafés, supermarkets, cinema, retail outlets, and everyday conveniences right at your doorstep.

Perfectly positioned directly opposite UTS and within easy walking distance to Sydney University, this property presents an ideal choice for first-home-buyers and savvy investors alike.

Features:
* Modern open-plan living with floor-to-ceiling glass
* Well-proportioned, real one-bedroom layout
* East-facing aspect, Level 4
* Quality finishes throughout

World-class resident facilities include:
* Central park shopping mall
* Gymnasium
* Swimming pool
* Sauna and spa
* Barbecue and outdoor entertaining areas

With transport, cafés, dining, and entertainment precincts just moments away, this apartment truly delivers the best of CBD fringe living.

Aspect: East
Strata Levy: $2,244 per quarter (approx.)
Council: $303 per quarter (approx.)

Property History for 407/5 Park Lane, Chippendale, NSW 2008

A timeline of how this property has performed in the market
Last Sold
$625,000
13 Mar 2026
Listed for Rent
$500/w
25 Nov 2021
  • 13 Mar 2026
    Sold for $625,000
  • 28 Jan 2026
    Listed for Sale Deposit Taken
  • 02 Nov 2021
    Listed for Sale PLEASE CONTACT AGENT
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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 5,640 properties. Over the last 5 years, Houses in Chippendale have seen a 22.77% increase in median value, while Units have seen a -3.08% decrease. As at 28 February 2026:

  • The median value for Houses in Chippendale is $1,882,471 while the median value for Units is $788,701.
  • Houses have a median rent of $900 while Units have a median rent of $900.
There are currently 39 properties listed for sale, and 25 properties listed for rent in Chippendale on OnTheHouse. According to Cotality's data, 214 properties were sold in the past 12 months in Chippendale.

Suburb Insights for Chippendale 2008

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Contact agent
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William Tianguang Bai
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Sydney Realty Group
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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.