Back 407/5 Park Lane
Off Market

407/5 Park Lane

Chippendale NSW 2008

1
1
Apartment
Last sold for $625,000
William Tianguang BaiWilliam Tianguang Bai, last sold this property on 20 February 2026 after 23 days on market.

Overview

Central Park | Modern One-Bedroom Apartment in Prime Location

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.)

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Chippendale over the last 12 months, the estimated median property value of 407/5 Park Lane is $670k.

Median value
$670k
Estimated value range
$210k - $1.02m
Median days on market
30
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Chippendale. 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 407/5 Park Lane

2026
Sold
$625,000
Private Sale/Treaty on 20 Feb 2026 by William Tianguang Bai, of Sydney Realty Group Pty Ltd
2021
Rented
Undisclosed
Leased on 24 Nov 2021 by Sydney Realty Group Pty Ltd

Happy sellers in Chippendale

82%
82% of sellers in Chippendale reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 22 reviews in Chippendale over the last 12 months.

Local market activity for 1 bedroom apartments in Chippendale

In the last 12 months, 72 one-bedroom apartments similar to 407/5 Park Lane, have been sold.

This represents a 20% increase in one-bedroom apartments sales when compared to the previous 12 months.

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