Parkes Rd, Artarmon NSW 2064

There are insufficient recent house sales on Parkes Rd to calculate a reliable premium or discount against the Artarmon average. Buyers should compare recent sales of individual homes on the street against nearby comparable properties to gauge current market positioning.

There are no bushfire, heritage, or flood overlay classifications on Parkes Rd, and no properties are affected by high-voltage powerlines. Two homes are recommended for a flood check, meaning further assessment is advised. Five properties fall under other flood classifications, indicating no flood risk identified or not mapped. While these overlays do not necessarily mean a property floods, reviewing council mapping, flood reports, and insurance costs is prudent before purchasing.

6 homes sit above the street; 1 homes sit below the street. Different site heights relative to the street can influence site characteristics, but specific outcomes like views or drainage depend on the individual property. Buyers should assess the specific property rather than relying on the street average.

Parkes Rd is a local road. Local roads generally serve nearby residents rather than carrying significant through traffic. Information regarding the speed limit or the share of stock fronting this specific road section is not available.

There are 164 residential properties on Parkes Rd. Apartments make up 90.2% of the residential stock, while houses account for 4.3%. This means the street is predominantly apartments.

The major apartment developments on Parkes Rd include 2 Parkes Rd with 33 lots across 3 levels built in 1983, 29 Parkes Rd with 24 lots across 4 levels built in 1974, and 10 Parkes Rd with 23 lots across 5 levels built in 1981. These developments contribute to the street's higher-density residential character.

2 apartments sold in the past 12 months, while no houses sold. The 5-year turnover rate for houses is 14.3%, meaning 14.3% of houses changed ownership during the past five years. The 5-year turnover rate for apartments is 20.3%, meaning 20.3% of apartments changed ownership during the past five years.

Parkes Rd is a local road where 90.2% of the 164 residential properties are apartments. It features a few detached homes, with 6 sitting above the street and 1 sitting below. Apartment turnover is 20.3% over five years, while house turnover is 14.3%. Buyers looking for high-density living on a local residential street may find it suitable, while those seeking detached houses will find very limited options.