Chippendale, NSW

UNDERVALUED

8,713 sales · 36 years of data · NSW, Australia

$785,000
Median (All)
$2,035,000
Median (Houses)
$760,000
Median (Apartments)
-1.6%
10yr CAGR
4.1%
36yr CAGR
72.2%
Strata %
36 years of data · 8,713 sales analysed · 2,500+ suburbs · Updated weekly

Chippendale, NSW Property Market Overview

Chippendale, NSW, 2008, is an inner-city suburb of Sydney, known for its blend of heritage buildings and modern developments. Our data spans 36 years, encompassing 8,713 recorded sales. Chippendale's current median property price (all types) sits at $785,000, reflecting its diverse property market.

House prices in Chippendale currently have a median of $2,035,000, while apartments have a median price of $760,000. This difference highlights the range of housing options available in the suburb. Chippendale's proximity to the CBD and its evolving character make it a suburb of interest to many.

Currently undervalued
Relative to the long-term price trend line
$500K invested 10yr ago → $425,521
Based on the 10-year compound annual growth rate of -1.6%
Predominantly apartments72% apartments
28% of sales are houses and other non-strata properties
Loading chart...

Property Mix

28%
72%
Houses 28%$2,035,000Apartments 72%$760,000

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Chippendale

Street Rankings

Top streets in Chippendale, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Myrtle StHouse5$2,380,000
2Dangar PlApartment10$995,000
3Pine StApartment7$1,100,000
4Rose StHouse7$1,900,000

... and 66 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Abercrombie StHouse5$20,339/m²
2Park LaneApartment113$12,530/m²
3Pine StHouse3$23,847/m²
4Abercrombie StApartment6$14,717/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Buckland StApartment+4.9%
2Pine StApartment+5.0%
3Pine StHouse+6.5%
4Chippen StApartment+2.3%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

356
apartment buildings analysed
#AddressSalesMedian$/m²
11 Carlton St5$1,690,000$13,720/m²
257 Buckland St15$1,360,000$11,429/m²
381 O'connor St5$1,650,000$13,762/m²
418 A Park Lane10$1,462,500$12,054/m²

... and 352 more buildings

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

See flipper risk data
Risk Indicator

Settlement times & problem streets

61
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

72%
apartments across 356 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

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70 streets and 356 buildings to explore

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3 street rankings
All 70 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
356 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 8,713 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Chippendale at a Glance

Region
Inner Sydney
CBD Distance
3km south of Sydney CBD
Train Station
Central Station (various lines)
Council
City of Sydney Council
Property Character
High-density urban residential with mixed-use developments
Community
Young professionals, students, and inner-city dwellers

Chippendale, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Chippendale, NSW

Living in Chippendale offers a vibrant inner-city lifestyle. The suburb is home to the University of Technology Sydney (UTS) and is close to the University of Sydney, attracting a diverse student population. Chippendale is also known for its art galleries, including White Rabbit Gallery, and its proximity to Central Park.

Residents can enjoy green spaces like Victoria Park and Prince Alfred Park, both within walking distance. For shopping and dining, Central Park Mall provides a range of options. Chippendale is serviced by bus routes and is a short walk from Central Station, making it easily accessible. The suburb offers a mix of historic charm and modern amenities, creating a unique community character. Local schools include Sydney Grammar School and St Benedict's Catholic College, both located nearby. Chippendale's blend of culture, education, and convenience makes it a desirable place to live.


Who Buys in Chippendale?

Chippendale attracts a diverse range of buyers, including young professionals, students, and investors. The high strata percentage of 72.2% suggests a strong demand for apartment living. While house prices have a median of $2,035,000, apartments are more accessible with a median of $760,000. The -1.6% 10-year CAGR might deter some long-term investors, but the location and lifestyle continue to draw interest. The suburb's proximity to universities and the CBD makes it particularly appealing to those seeking convenient urban living.

Market Analysis

Currently, Chippendale's property market is positioned below its long-term trend, indicating it is in undervalued territory according to our analysis. This means that current property prices in Chippendale are lower than what historical trends would suggest.

While the market is currently undervalued, it's essential to consider individual property characteristics and broader economic factors. This cycle position is based on historical data and does not guarantee future performance in Chippendale. Market dynamics are always subject to change.


Is Chippendale a Good Investment?

Chippendale's property market presents a complex picture for prospective buyers. While the suburb is currently below its long-term trend, indicating it is in undervalued territory, its historical growth rates offer mixed signals. The 10-year CAGR is -1.6%, whereas the 20-year CAGR is a more positive 3.4%.

These figures suggest that while recent performance has been subdued, long-term growth has been more robust. The suburb's high density of apartments and its prime location near the CBD and universities continue to drive demand. The historical data indicates that Chippendale's property values are influenced by its unique blend of urban convenience and evolving character.


Chippendale Market Outlook

As of early 2026, Chippendale's property market is positioned below its long-term trend. Recent price trends have reflected this cycle position, with some fluctuations observed in both house and apartment values. However, the suburb's underlying strengths, such as its location and amenities, continue to support demand. The market dynamics are constantly evolving, and careful analysis is essential for understanding the current conditions in Chippendale.

Streets & Location in Chippendale, NSW

Chippendale is located close to Sydney's CBD, offering convenient access to employment, education, and entertainment. Key streets impacting property values include PINE ST, CITY RD, and ABERCROMBIE ST, with these streets exhibiting higher median prices than other areas within the postcode 2008. Chippendale encompasses 70 streets, each contributing to the suburb's unique character and property market dynamics. Its central location is a key driver of demand.

Market Dynamics

The average settlement time for properties in Chippendale is 61 days. This timeframe provides an indication of the market's liquidity and efficiency in processing transactions. Data on quick-flip percentages is currently unavailable. Understanding these transaction patterns is important for assessing the overall health and stability of the Chippendale property market.

Development & Density

Chippendale features a high density of apartment buildings, with 356 buildings recorded. This is reflected in the strata percentage of 72.2%, indicating that apartments form a significant portion of the housing stock in Chippendale. The suburb has seen a shift towards higher-density living over the years, influencing the overall property landscape and affordability.

Growth & Property Mix

Chippendale's property market has experienced varied growth rates over different periods. The 10-year Compound Annual Growth Rate (CAGR) stands at -1.6%, while the 20-year CAGR is 3.4%. Over the full 36-year data period, Chippendale has achieved a CAGR of 4.1%. These figures reflect the long-term trends in the Chippendale property market. The suburb's property mix is heavily weighted towards apartments, with a significant percentage of properties being strata titled.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Chippendale, NSW

What is the median property price in Chippendale?
The current median property price (all types) in Chippendale is $785,000. Houses have a median price of $2,035,000, while apartments have a median price of $760,000, reflecting the diverse range of properties available in the suburb.
Is Chippendale overvalued or undervalued?
According to our analysis, Chippendale's property market is currently positioned below its long-term trend, indicating it is in undervalued territory. This suggests that current property prices are lower than what historical trends would suggest for the suburb.
How has the Chippendale property market performed over 10 years?
Over the past 10 years, the Chippendale property market has experienced a Compound Annual Growth Rate (CAGR) of -1.6%. This figure reflects the average annual growth rate over the period, accounting for compounding returns.
What percentage of Chippendale is apartments vs houses?
Apartments make up a significant portion of the property market in Chippendale, with a strata percentage of 72.2%. This indicates that the majority of properties in the suburb are apartments, reflecting its high-density urban character.
Where is Chippendale in the property cycle?
Our analysis indicates that Chippendale's property market is currently positioned below its long-term trend. This cycle position is based on historical data and market trends, and it reflects the current state of property values in the suburb.
What schools are near Chippendale?
Chippendale is conveniently located near several schools, including Sydney Grammar School and St Benedict's Catholic College. The University of Technology Sydney (UTS) is also located in Chippendale, making it an attractive location for students and academics.
What is Chippendale like to live in?
Chippendale offers a vibrant inner-city lifestyle with a mix of historic charm and modern amenities. The suburb is known for its art galleries, its proximity to universities, and its convenient access to the CBD. Residents enjoy a diverse community and a range of dining and entertainment options.
Is Chippendale good for families?
While Chippendale is a high-density urban area, it offers some benefits for families, including its proximity to parks like Victoria Park and Prince Alfred Park. Access to good schools nearby, like Sydney Grammar School and St Benedict's Catholic College, is also a positive. However, the predominance of apartments may not suit all family needs.
How far is Chippendale from Sydney CBD?
Chippendale is located approximately 3km south of Sydney CBD. This proximity offers residents easy access to employment, entertainment, and cultural attractions in the city centre.
What transport options are in Chippendale?
Chippendale is well-serviced by public transport, with Central Station located nearby. Numerous bus routes also run through the suburb, providing convenient access to other parts of Sydney. Major roads like Broadway and City Road provide access for car travel.
How does Chippendale compare to nearby suburbs?
Compared to neighbouring suburbs like Surry Hills and Darlinghurst, Chippendale generally offers slightly lower median property prices, particularly for apartments. However, it shares a similar inner-city lifestyle and convenient access to amenities and transport. Growth rates may vary due to different development patterns and property mixes.
Is Chippendale a good first home buyer suburb?
Chippendale's apartment median price of $760,000 may be attractive to some first home buyers, especially those seeking inner-city living. However, the -1.6% 10-year CAGR should be considered carefully. The suburb's location and transport links are definite advantages for those starting their property journey.
What are the best streets in Chippendale?
Based on median property prices, some of the streets with higher values in Chippendale include PINE ST, CITY RD, and ABERCROMBIE ST. These streets may offer unique property characteristics or desirable locations within the suburb.
How many properties have been sold in Chippendale?
Over the past 36 years, a total of 8,713 properties have been sold in Chippendale. This figure reflects the volume of transactions in the suburb and the activity within its property market.
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