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51 Palace Street, Ashfield, NSW 2131

51 Palace Street, Ashfield, NSW 2131

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Guide: $3,000,000

51 Palace Street, Ashfield, NSW 2131

4

1

696m²

106m²

house - house

Map of 51 Palace Street, Ashfield, NSW 2131, Ashfield, New South Wales

Property Description

Listed on 11 Aug 2026

Auction​ ​Location:​ ​On-Site

Offered​ ​for​ ​the​ ​first​ ​time​ ​in​ ​70​ ​years,​ ​this​ ​original​ ​character​ ​residence​ ​presents​ ​a​ ​rare​ ​opportunity​ ​to​ ​secure​ ​a​ ​substantial​ ​clear​ ​parcel​ ​of​ ​land​ ​in​ ​one​ ​of​ ​Ashfield's​ ​most​ ​convenient​ ​and​ ​tightly​ ​held​ ​pockets.

Set​ ​on​ ​approximately​ ​696.77sqm​ ​with​ ​a​ ​wide​ ​15.24m​ ​frontage​ ​and​ ​valuable​ ​rear​ ​lane​ ​access,​ ​the​ ​property​ ​is​ ​all​ ​about​ ​location,​ ​land​ ​size​ ​and​ ​future​ ​potential.​ ​Importantly,​ ​the​ ​property​ ​is​ ​a​ ​clear​ ​block​ ​with​ ​no​ ​heritage​ ​or​ ​conservation​ ​restrictions,​ ​providing​ ​buyers​ ​with​ ​outstanding​ ​flexibility​ ​for​ ​future​ ​renovation,​ ​extension​ ​or​ ​redevelopment​ ​potential​ ​(STCA).

The​ ​existing​ ​home​ ​retains​ ​charming​ ​period​ ​features​ ​including​ ​ornate​ ​ceilings,​ ​leadlight​ ​windows​ ​and​ ​original​ ​fireplaces,​ ​while​ ​offering​ ​four​ ​bedrooms,​ ​separate​ ​living​ ​spaces​ ​and​ ​off-street​ ​parking​ ​via​ ​the​ ​side​ ​driveway​ ​and​ ​carport.​ ​The​ ​residence​ ​does​ ​require​ ​updating​ ​to​ ​live​ ​in​ ​comfortably,​ ​however​ ​it​ ​provides​ ​the​ ​perfect​ ​foundation​ ​for​ ​those​ ​looking​ ​to​ ​create​ ​their​ ​dream​ ​home​ ​in​ ​a​ ​convenient​ ​Inner​ ​West​ ​setting.

The​ ​generous​ ​rear​ ​yard​ ​and​ ​rear​ ​lane​ ​access​ ​further​ ​enhance​ ​the​ ​property's​ ​appeal,​ ​opening​ ​the​ ​door​ ​to​ ​a​ ​range​ ​of​ ​future​ ​possibilities​ ​for​ ​owner-occupiers,​ ​builders,​ ​investors​ ​or​ ​developers​ ​alike​ ​(STCA).

Positioned​ ​within​ ​walking​ ​distance​ ​to​ ​Ashfield​ ​Train​ ​Station,​ ​Ashfield​ ​Mall,​ ​Three​ ​Tomatoes​ ​Café,​ ​Ashbury​ ​Public​ ​School,​ ​Pratten​ ​Park​ ​and​ ​Peace​ ​Park,​ ​it​ ​is​ ​also​ ​within​ ​close​ ​proximity​ ​to​ ​Trinity​ ​Grammar​ ​School.​ ​The​ ​home​ ​enjoys​ ​outstanding​ ​lifestyle​ ​convenience​ ​with​ ​easy​ ​access​ ​to​ ​schools,​ ​transport,​ ​parklands​ ​and​ ​local​ ​village​ ​amenities.

A​ ​rare​ ​opportunity​ ​to​ ​secure​ ​a​ ​substantial​ ​clear​ ​block​ ​in​ ​a​ ​highly​ ​sought-after​ ​Ashfield​ ​location​ ​offering​ ​endless​ ​potential​ ​for​ ​the​ ​future.

Estimated value

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Rental income estimate and range

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Median house price trends

Comparing the price trend of houses in Ashfield against the state of New South Wales over the last 4 years. Source: CoreLogic

Comparable properties

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Market activity

A snapshot of how quickly properties are selling in the area and how many are currently available.

40 Days

House median days on market

33 Days

Unit median days on market

405 Properties

Sold in last 12 months

97 Properties

Available in the last month

Ashfield residents

Key characteristics of the residents in the area, view the full breakdown of the suburb here.

19-30

Is the most common age range

Renters

Most common occupant type

Singles

Most common household profile

Professionals

Most common occupation

Apartments

Most common property type

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Nearby education

Schooling and educational options in the area, for all ages.

Ashfield Public School

K - Yr 6

Government

St Vincent's College Ashfield

K - Yr 12

Catholic

St Vincents College Ashfield, Primary School Campus

K - Yr 6

Yeo Park Infants School

K - Yr 6

Government

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Ashfield

View the suburb data

Inner West

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New South Wales

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Explore surrounding suburbs

Learn about neighbouring suburbs to see if they are better suited to your budget or lifestyle.

Median House: $2,510,683

Median Unit: $944,649

Median House: $2,572,080

Median Unit: $913,851

Median House: $2,206,756

Median Unit: $836,894

Median House: $2,464,187

Median Unit: $1,013,176

Median House: $2,853,321

Median Unit: $1,157,326

Median House: $3,250,522

Median Unit: $1,036,570

Median House: $2,376,543

Median Unit: $907,836

Median House: $2,563,362

Median Unit: $1,036,601

Frequently asked questions

The property at 51 Palace Street includes 4 bedrooms, 1 bathroom and no assigned parking spaces.

51 Palace Street in Ashfield has a land size of approximately 696 square metres and an internal floor area of around 106 square metres.

51 Palace Street in Ashfield, New South Wales, is close to local schools such as Ashfield Public School, St Vincent's College Ashfield, St Vincents College Ashfield, Primary School Campus, Yeo Park Infants School, Ashfield Boys High School and St Vincent's College Ashfield

The current listing status for the property at 51 Palace Street, Ashfield is not available in our data at this time.

Contact the agent

Rich and Oliva

Marco Errichiello

Rich and Oliva

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