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8/23 Palace St, Ashfield NSW 2131

Ashfield Unit
Last sold $590,000 8 Jul 2022
Technical details
Title reference8/SP14243
Zoning2
Nature of propertyResidence
Primary purposeResidence
Valuation district267
Property ID1303684

How this sale compares

The 2022 sale was 20% below the Ashfield median unit price for that year ($735,000 across 265 sales).

Since then the median unit price in Ashfield has risen 24%, from $735,000 in 2022 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

Units in postcode 2131 rented for a median $680 a week, from 1,174 bonds lodged Oct 2025 to Sep 2026.

On its last sale of $590,000 on 8 Jul 2022, that rent is a gross yield of 6.0% a year, before costs and vacancies.

Median weekly rents from residential rental bonds lodged with NSW Fair Trading, by postcode. 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.

Sale history

Sold is the contract date, when the sale was agreed. Settled is the date ownership transferred.

Beds Baths Cars Title reference
8 Jul 2022 19 Aug 2022 $590,000 - - - 8/SP14243
$590,000 Sold 8 Jul 2022
Settled19 Aug 2022
Beds-
Baths-
Cars-

Title reference: 8/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
3 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
6 29 Oct 2021 10 Dec 2021 $749,000 - - - 6/SP14243
3 15 Aug 2020 28 Sep 2020 $660,000 - - - 3/SP14243
1 31 Aug 2018 12 Oct 2018 $690,000 - - - 1/SP14243
$895,000 Sold 29 Jun 2026
Unit6
Settled31 Aug 2026
Beds-
Baths-
Cars-

Title reference: 6/SP14243

$738,313 Sold 17 Jun 2026
Unit4
Settled29 Jul 2026
Beds-
Baths-
Cars-

Title reference: 4/SP14243

$895,000 Sold 15 Aug 2025
Unit2
Settled29 Oct 2025
Beds-
Baths-
Cars-

Title reference: 2/SP14243

$960,000 Sold 21 Feb 2025
Unit3
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

$749,000 Sold 29 Oct 2021
Unit6
Settled10 Dec 2021
Beds-
Baths-
Cars-

Title reference: 6/SP14243

$660,000 Sold 15 Aug 2020
Unit3
Settled28 Sep 2020
Beds-
Baths-
Cars-

Title reference: 3/SP14243

$690,000 Sold 31 Aug 2018
Unit1
Settled12 Oct 2018
Beds-
Baths-
Cars-

Title reference: 1/SP14243

Recent sales on Palace St

Sold in the last two years.

Recent sales nearby

Sold in the last 12 months within about 400 metres.

See all sold prices in Ashfield

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