Back 408/5 Park Lane
Off Market

408/5 Park Lane

Chippendale NSW 2008

1
1
48 m²
Apartment
Last sold for $525,000
John GymellasJohn Gymellas, last sold this property on 07 September 2026 after 158 days on market.

Overview

Modern One-Bedroom Apartment in Prime Chippendale Location

Positioned in a highly sought-after pocket of Chippendale, this well-presented one-bedroom apartment offers a perfect blend of comfort, convenience and lifestyle. Ideal for professionals, first-home buyers, or investors, the property is just moments from the Sydney CBD and surrounded by vibrant local amenities. Features include: - Large bedroom with built-in wardrobe - Modern bathroom with quality finishes - Open-plan living and dining area filled with natural light - Well-appointed kitchen with ample storage and appliances - Approx. 2km to Sydney CBD - 218m to University - Close to restaurants, parks and recreational areas - Easy access to public transport options Premium resident facilities include a gymnasium, swimming pool, sauna, spa, barbecue and outdoor entertaining areas.

Features

1 bedroom
1 bathroom
48 m² lot size
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 408/5 Park Lane is $660k.

Median value
$660k
Estimated value range
$460k - $2.08m
Median days on market
37
Estimated value trend
-1%
decrease 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 408/5 Park Lane

2026
Sold
$525,000
07 Sep 2026 by John Gymellas, of Raine & Horne Green Square

Happy sellers in Chippendale

91%
91% 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 19 reviews in Chippendale over the last 12 months.

Local market activity for 1 bedroom apartments in Chippendale

In the last 12 months, 61 one-bedroom apartments similar to 408/5 Park Lane, have been sold.

This represents a 41% increase in one-bedroom apartments sales when compared to the previous 12 months.

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