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.
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.)
The size of Chippendale is approximately 0.5 square kilometres. There are 5 parks, covering nearly 2.9% of the 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 5,644 properties. Over the last 5 years, Houses in Chippendale have seen a -9.18% decrease in median value, while Units have seen a -3.30% decrease. As at 31 May 2026:
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