505/1 Chippendale Way, Chippendale is a 3 bedroom, 3 bathroom Apartment with 2 parking spaces. The property has a land size of 164m2 and floor size of 164m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 3 bedroom Apartment sold in Chippendale in the last 12 months.
A rare dual-key opportunity in Central Park-perfect for investors or owner-occupiers seeking flexibility, strong returns, and multiple living or income options.
-Dual-key configuration with two self-contained apartments on one title
-Strong investment potential, currently leased for $1,980 per week
Located within the iconic Central Park development, residents enjoy access to world-class facilities including a swimming pool, gym, rooftop terrace and concierge service. With Central Station, UTS, the University of Sydney, Central Park Mall, and a vibrant selection of cafés and restaurants just moments away, this is inner-city living at its finest.
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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 5,642 properties. Over the last 5 years, Houses in Chippendale have seen a 33.14% increase in median value, while Units have seen a 0.66% increase. As at 31 October 2025:
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