Back 4/23 Palace Street
Off Market

4/23 Palace Street

Ashfield NSW 2131

1
1
1
Apartment
Last sold for $738,313
Peter O'MalleyPeter O'Malley, last sold this property on 17 June 2026 after 6 days on market.

Overview

Stylish apartment with balcony & car space

Perfectly positioned on the first floor of a well-maintained security block, this spacious one-bedroom apartment presents an outstanding opportunity for first home buyers, downsizers and investors alike. Offering generous proportions, a functional layout and a leafy outlook, the home combines comfort, convenience and lifestyle in one of Ashfield's most sought-after locations. Filled with natural light and enjoying a peaceful setting, the apartment features a spacious living and dining area flowing to a covered balcony, an eat-in kitchen, a generous bedroom with built-in robe and a large bathroom with internal laundry facilities. Ready to move straight in while offering scope to further enhance and add value over time. Ideally located within easy reach of Ashfield's vibrant shopping precinct, cafes, restaurants, schools, parks and transport options, this is an exceptional opportunity to secure a quality home in a highly convenient Inner West address. Property Features Generous one-bedroom apartment in a secure, well-maintained complex Spacious living and dining area with leafy outlooks Covered balcony ideal for relaxing or entertaining Large eat-in kitchen with ample storage and bench space Well-proportioned bedroom complete with built-in wardrobe Original bathroom with bathtub and internal laundry facilities Parquetry timber flooring throughout living areas and bedroom Ground floor position offering easy access Dedicated car space on title Excellent opportunity for owner-occupiers and investors Moments to Ashfield Mall, Ashfield Station, cafes, restaurants and local parks Lifestyle Location - Rental potential $575 p/w Enjoy the convenience of living in the heart of Ashfield, with everything you need just moments from your doorstep. Stroll to local cafes, supermarkets, shopping centres and transport, while enjoying easy access to the Sydney CBD and surrounding Inner West lifestyle hubs. Approximate Areas Internal: 52 sqm Balcony: 5 sqm Car Space: 13 sqm Total: 70 sqm (approx.) Council rates: $390 p/q Water rates: $185 p/q Strata rates: $995 p/q Strata Report available here https://www.eyeon.com.au/existing-inspection/Ashfield/2131/NSW/4~23_Palace_Street/49990/42147

Features

1 bedroom
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Ashfield over the last 12 months, the estimated median property value of 4/23 Palace Street is $637.5k.

Median value
$637.5k
Estimated value range
$415k - $840k
Median days on market
27
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Ashfield. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4/23 Palace Street

2026
Sold
$738,313
Private Sale/Treaty on 17 Jun 2026 by Peter O'Malley, of Harris Partners

Happy sellers in Ashfield

88%
88% of sellers in Ashfield reported that their sale price either exceeded or met their price expectations.

Ashfield stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 228 reviews in Ashfield over the last 12 months.

Local market activity for 1 bedroom apartments in Ashfield

In the last 12 months, 46 one-bedroom apartments similar to 4/23 Palace Street, have been sold.

This represents a 24% increase in one-bedroom apartments sales when compared to the previous 12 months.

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