3/23 Palace St, Ashfield NSW 2131
Ashfield Unit
Property features as at 27 April 2025. If the property has been renovated or altered, features may be different for sales before or after this date.
Technical details
How this sale compares
Sold for $960,000 in Feb 2025, up $300,000 (45%) on the $660,000 paid in Aug 2020. That is about 8.6% a year over 4.5 years.
Over the same period the median unit price in Ashfield rose 25%, from $700,000 in 2020 to $873,500 in 2025.
The 2025 sale was 10% above the Ashfield median unit price for that year ($873,500 across 322 sales).
Since then the median unit price in Ashfield has risen 4%, from $873,500 in 2025 to $910,000 over the last 12 months (247 sales).
Ashfield medians use NSW Valuer General sales of $50,000 or more, leaving out part-interest transfers and contracts covering several properties, and need at least 10 sales in the period. See Ashfield sold prices by year.
Rent and yield
2-bedroom units in postcode 2131 rented for a median $700 a week, from 670 bonds lodged Oct 2025 to Sep 2026.
On its last sale of $960,000 on 21 Feb 2025, that rent is a gross yield of 3.8% a year, before costs and vacancies.
Median weekly rents from residential rental bonds lodged with NSW Fair Trading, by postcode and bedroom count. This home's own rent may differ. See rents by bedrooms in Ashfield.
Planning controls
- Zone
- R2 Low Density Residential
- Minimum lot size
- 500 m² For subdividing the whole site, not one unit
- Maximum building height
- 8.5 m
- Floor space ratio
- 0.7:1 Floor area allowed for each square metre of site
From the Inner West Local Environmental Plan 2022 maps on the NSW Planning Portal, looked up at this address's map point on 22 Oct 2026. A control can cover only part of a site and plans change, so the council's planning certificate is the formal record. Planning data from the NSW Department of Planning, Housing and Infrastructure, CC BY 4.0.
Related sales
Sale history
Sold is the contract date, when the sale was agreed. Settled is the date ownership transferred.
| Beds | Baths | Cars | Title reference | |||
|---|---|---|---|---|---|---|
| 21 Feb 2025 | 4 Apr 2025 | $960,000 Property features as at 27 April 2025. If the property has been renovated or altered, features may be different for sales before or after this date. | 2 | 1 | 1 | 3/SP14243 |
| 15 Aug 2020 | 28 Sep 2020 | $660,000 | - | - | - | 3/SP14243 |
$960,000 Sold 21 Feb 2025
Settled4 Apr 2025
Beds2
Baths1
Cars1
Property features as at 27 April 2025. If the property has been renovated or altered, features may be different for sales before or after this date.
Title reference: 3/SP14243
$660,000 Sold 15 Aug 2020
Settled28 Sep 2020
Beds-
Baths-
Cars-
Title reference: 3/SP14243
Other sales at 23 Palace St
The most recent sales of other units in this building. See every sale in the building.
| Beds | Baths | Cars | Title reference | ||||
|---|---|---|---|---|---|---|---|
| 6 | 29 Jun 2026 | 31 Aug 2026 | $895,000 | - | - | - | 6/SP14243 |
| 4 | 17 Jun 2026 | 29 Jul 2026 | $738,313 | - | - | - | 4/SP14243 |
| 2 | 15 Aug 2025 | 29 Oct 2025 | $895,000 | - | - | - | 2/SP14243 |
| 8 | 8 Jul 2022 | 19 Aug 2022 | $590,000 | - | - | - | 8/SP14243 |
| 6 | 29 Oct 2021 | 10 Dec 2021 | $749,000 | - | - | - | 6/SP14243 |
| 1 | 31 Aug 2018 | 12 Oct 2018 | $690,000 | - | - | - | 1/SP14243 |
$895,000 Sold 29 Jun 2026
Title reference: 6/SP14243
$738,313 Sold 17 Jun 2026
Title reference: 4/SP14243
$895,000 Sold 15 Aug 2025
Title reference: 2/SP14243
$590,000 Sold 8 Jul 2022
Title reference: 8/SP14243
$749,000 Sold 29 Oct 2021
Title reference: 6/SP14243
$690,000 Sold 31 Aug 2018
Title reference: 1/SP14243
Recent sales on Palace St
Sold in the last two years.
- 4/25 Palace Street, Ashfield 2131 $1,083,500 sold 22 Nov 2025
Recent sales nearby
Sold in the last 12 months within about 400 metres.
- 2/57 Arthur St, Ashfield 2131 $1,200,000 sold 9 Oct 2026
- 3 Seaview St, Ashfield 2131 $2,290,000 sold 15 Sep 2026, 424 m²
- 6/21 Shepherd St, Ashfield 2131 $626,000 sold 17 Aug 2026
- 95 Holden St, Ashfield 2131 $2,000,000 sold 28 Jul 2026, 563 m²
- 107/165 Milton St, Ashbury 2193 $1,800,000 sold 24 Jul 2026
- 50 Joseph St, Ashfield 2131 $1,501,000 sold 9 Jul 2026, 145 m²
- 17/165 Milton St, Ashbury 2193 $2,450,000 sold 29 Jun 2026
- 15/165 Milton St, Ashbury 2193 $2,350,000 sold 17 Jun 2026
Feature data history (beds/baths/cars)
Multiple records here can indicate updates over time (renovations, corrected data, or source conflicts). This section loads when opened.
| Observed | Effective | Beds | Baths | Cars | Active |
|---|---|---|---|---|---|
| Open this section to load feature observations. | |||||
Open this section to load feature observations.