Park Lane, Chippendale NSW 2008
Park Lane in Chippendale NSW 2008 is a dense apartment street with 979 residential properties, all classified as apartments. The area features three major developments: 18 Park Lane with 328 lots across 32 levels built in 2014, 8 Park Lane with 238 lots across 24 levels built in 2014, and 1 Park Lane with 173 lots across 11 levels built in 2013. There are insufficient recent house sales to calculate a reliable comparison against the suburb, so buyers should compare recent sales of individual homes on the street against nearby comparable properties. Apartment turnover over the past 5 years is 19.4%, with 34 apartments sold in the last 12 months.
The mix of houses and apartments (units) that make up the Park Lane, Chippendale NSW 2008 property market.
"Houses" in this report includes detached houses, duplexes, and terraces.
Actual house sales on Park Lane, Chippendale NSW 2008 over the past 5 years, plotted against the Chippendale NSW 2008 median house price trend over the same period.
Actual apartment (unit) sales on Park Lane, Chippendale NSW 2008 over the past 5 years, plotted against the Chippendale NSW 2008 median apartment price trend over the same period.
The largest apartment projects on Park Lane, Chippendale NSW 2008, ranked by number of lots.
108 popular apartments on Park Lane, Chippendale NSW 2008
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Common questions about living on and buying property on Park Lane, Chippendale NSW 2008 — lifestyle, transport, and the local housing market.
Note: Data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census data and knest.ai internal statistical data.
Is Park Lane an expensive or affordable street relative to Chippendale?
There are insufficient recent house sales on Park Lane to calculate a reliable premium or discount against the Chippendale average. Buyers should compare recent sales of individual homes on the street against nearby comparable properties to gauge current market positioning.
What are the risk and overlay factors on Park Lane?
There are no recorded bushfire, heritage, or flood overlay risks on Park Lane. The street has no properties recommended for a flood check, and no other flood classifications are recorded. There are also no high-voltage powerline overlays affecting the street.
Are properties on Park Lane mostly on high, level or low ground?
There is no house/duplex/terrace elevation data available for Park Lane, so the site height relative to the street cannot be determined.
What type of road is Park Lane?
Park Lane is a local road. Local roads generally serve nearby residents and connect to larger collector or arterial roads rather than carrying significant through traffic.
Is Park Lane mostly houses or apartments?
Park Lane has 979 residential properties, and the street is predominantly apartments. Houses, duplexes, and terraces make up 0% of the residential stock, while apartments make up 100%.
What are the major apartment developments on Park Lane?
The major apartment developments on Park Lane are 18 Park Lane with 328 lots across 32 levels built in 2014, 8 Park Lane with 238 lots across 24 levels built in 2014, and 1 Park Lane with 173 lots across 11 levels built in 2013. These developments contribute to the street's higher-density residential character.
How many properties have sold on Park Lane?
34 apartments sold on Park Lane in the past 12 months. The 5-year turnover rate for apartments is 19.4%, which represents the proportion of properties that changed ownership during the past five years. There were no houses sold in the past 12 months, and house turnover data is unavailable.
Is Park Lane a good street to buy property on?
Park Lane is a local road consisting entirely of apartments, making it well-suited for buyers looking for higher-density living. The street features several large apartment developments and has seen 34 apartment sales in the past 12 months with a 19.4% turnover rate over five years. Buyers should consider these structural characteristics when deciding if the street aligns with their housing preferences.
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