502/5 Park Lane, Chippendale, NSW 2008 | Property Value & History | OnTheHouse
 
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502/5 Park Lane
Chippendale NSW 2008

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 88m2
Land area: 128m2
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Property Details for 502/5 Park Lane, Chippendale

502/5 Park Lane, Chippendale is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 128m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
Unit
Year Built
2013
Floor Size
88m2
Land Size
128m2
Local Government
Sydney
Lot/Plan
97/SP88565

Last Listing description (October 2020)

Enjoy true park living. Open air, stunning views, and recreation on your doorstep, in an immaculately crafted apartment in the heart of Sydney's creative and education hubs. The intimate connection to the leafy green heart of a newly-designed urban village is Park Lane's exceptional proposition. Park Lane has been designed by, one of Australia's most distinguished and esteemed architectural firms, Johnson Pilton Walker.

Located on level 5, this 2 bedroom features ultra large size & winter garden style balcony over looking the Chippendale Green uninterrupted. Everyday luxury epitomised by beautiful finishes, interiors have been designed to embrace their leafy green surrounds and invite calm. Spaces are designed to shift with the seasons and the resident's whim.


Key Features:
- 101 m2 Floor area
- Winter Garden Style Balcony over looking the park
- Modern Kitchen with branded appliances
- 2 balconies linking living & bedroom
- Seperate living & private spaces
- Park Lane district right downstairs
- Central Park shopping centre in 1 min walk

Estimated Outgoings:
-Strata :2983 per quarter
-Council: 292.6 per quarter
-Water: to be advised

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Property History for 502/5 Park Lane, Chippendale, NSW 2008

A timeline of how this property has performed in the market
Last Sold
$1,245,000
09 Oct 2020
Listed for Rent
$1.05k/w
19 Aug 2018
  • 09 Oct 2020
    Sold for $1,245,000
  • 21 Sep 2020
    Listed for Sale Just Listed | Under Offer, Inspection Cancelled
  • 01 Aug 2018
    Listed for Rent - Price not available
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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 5,645 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 26 properties listed for sale, and 39 properties listed for rent in Chippendale on OnTheHouse. According to Cotality's data, 221 properties were sold in the past 12 months in Chippendale.

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© Copyright 2026. 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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