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NSW › Chippendale › Chippendale Way

U1603, 2 Chippendale Way, Chippendale NSW 2008

For saleApartment

$2,900,000–$3,100,000

For sale

Asking range

3

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,900,000–$3,100,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,900,000–$3,100,000(Listing record · 30 Mar 2026)
  • CalculationAsk is 57% above the Chippendale median recorded sale ($1,850,000, n=14, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Chippendale's advertised median rent ($861/wk), implied gross yield would be 1.54% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$2,900,000–$3,100,000

Asking range

No recorded sale for this property.

Chippendale at a glance

9,506

People

$1,850,000

Median sale

$861/wk

Median rent

2.42%

Suburb gross yield

Median sale from 14 recorded sales (last 24 months) — a Districts calculation.

See the full Chippendale report →

Vs Chippendale

+56.8%

Median sale

Suburb $1,850,000

-0.88 pp

Gross yield

Suburb 2.42%

Suburb median $1,850,000 from 14 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$2,900,000
Stamp Duty (New South Wales)
$141,512
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$3,045,379

$145,379 on top of the price (5.0% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Chippendale's advertised median rent — not a rent for this listing.

Net yield
0.04%
Annual cashflow (pre-tax)
$-149,528
Interest cover (DSCR)
0.01
Annual rent
$44,772
Operating expenses
$43,500
Loan amount
$2,320,000
Annual interest
$150,800
Gross yield
1.54%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$2,900,000–$3,100,000available30 Mar 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $861/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 1.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Chippendale in one glance

Chippendale at a glance

9,506

People

$1,850,000

Median sale

$861/wk

Median rent

2.42%

Suburb gross yield

Median sale from 14 recorded sales (last 24 months) — a Districts calculation.

See the full Chippendale report →

Keep researching

  • Why Chippendale? Read the area thesis →
  • What else is on the market in Chippendale →
  • Other records on Chippendale Way →

Listing material

Listed by Buy My Place

PRESTIGE! 3BED+STUDY Penthouse in Prestigious AWARD WINNING CENTRAL PARK

Phone Enquiry ID: 234820

For further information and inspection time, please contact:

Ongky 0480 114 964

Read the full description

Indulge in the epitome of luxury living with this exquisite 3-bedroom penthouse spanning a lavish 219 square meters and 43 square meters car spaces within the prestigious West-CENTRAL PARK Development.

The impeccable craftsmanship and attention to detail in the construction of this opulent residence set it apart, offering a lifestyle defined by elegance and comfort.

One Central Park in Chippendale, a mixed-use development, has received numerous international awards for its innovative design, including:

-2014 Council on Tall Buildings and Urban Habitat (CTBUH) award for Best Tall Building Worldwide

-2014 LEAF Awards for Sustainability and Overall Winner

-2014 International Green Infrastructure Award from the World Green Infrastructure Congress.

The project is recognized for its iconic cantilevered design, integrated vertical gardens, and sustainable features like its heliostat system.

This architectural masterpiece, crafted by the renowned and multi-award-winning architect, Jean Nouvel, is a symphony of sophistication. Nestled at the intersection of North and West, it commands awe-inspiring vistas that stretch from the inner-west suburbs to the majestic Anzac Bridge, providing a truly breathtaking backdrop to your daily life.

Luxuriate in one of Sydney's most sought-after locations, where every convenience for living and investment is at your doorstep. This property is a beacon of opportunity for astute investors seeking a substantial return on their investment, owing to its outstanding location.

Additional highlights of this exclusive penthouse include:

-Proximity to prestigious educational institutions like UTS and Sydney University, ensuring an unrivaled academic advantage.

-A lavish swimming pool that invites you to relax and rejuvenate in style.

-A fully-equipped gym, ideal for maintaining a healthy lifestyle.

-Your very own private sky garden, complete with a jacuzzi and BBQ area, creating a haven of tranquility.

-The assurance of 24-hour concierge services, offering convenience and security.

-Unbeatable access with a nearby bus stop and Central Train Station, connecting you seamlessly to the heart of the city.

-Exclusive access to the Sky Garden, a serene oasis in the midst of the bustling city.

This penthouse redefines luxury, offering an unparalleled living experience in one of Sydney's most coveted addresses. Immerse yourself in the pinnacle of sophistication, where every moment is a testament to the art of refined living.

Strata Report: https://www.beforeyoubuy.com.au/reports/unit-1603-2-chippendale-way-chippendale-nsw-2008/strata

Inspection by appointment anytime on weekdays

Listing description written by buyMyplace, Buy My Place — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Balcony
  • Broadband
  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Floorboards
  • Gym
  • Intercom
  • Outdoor Entertaining
  • In-Ground Pool
  • Secure Parking
  • Study
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.