Nicholson St, Balmain East NSW 2041

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

There is no bushfire or high-voltage powerline risk on Nicholson St, and no properties fall within a flood overlay. However, 19 properties are heritage-listed, meaning renovations or exterior changes may require additional council approval. All 19 properties are classified under other flood categories, indicating no flood risk identified or not mapped. Buyers should review council mapping and insurance costs before purchasing.

Elevation data is unavailable for the street as a whole. Among the 15 properties with recorded elevation, 11 sit on level ground and 4 are on low-lying land. Different elevations can influence site characteristics, but buyers should assess the elevation of the specific property rather than relying on the street average.

Nicholson St is a local road serving nearby residents. Speed limit and traffic share data are unavailable. Local roads generally connect residential areas with larger roads rather than carrying heavy through traffic. Buyers should consider that local roads typically serve the immediate neighbourhood.

There are 169 residential properties on Nicholson St. Apartments make up 80.5% of the street, while houses account for 11.2%. The remaining 8.3% consists of other residential types. The street is predominantly an apartment-focused street.

There are three major apartment developments on Nicholson St. The first is at 8 Nicholson St, featuring 41 lots across 5 levels. The second is at 9 Nicholson St, with 36 lots across 9 levels, built in 1973. The third is at 26 Nicholson St, comprising 35 lots across 4 levels. These developments contribute to the street's higher-density residential character.

One apartment sold on Nicholson St in the past 12 months, while no houses sold. The 5-year turnover rate is 10.5% for houses and 6.6% for apartments. Turnover measures the proportion of properties that changed ownership during the past five years.

Nicholson St is a local road with a predominantly apartment presence. It features 19 heritage-listed properties, which may limit renovation flexibility. The street has very low recent sales activity, with only one apartment sold in the past year. It may suit buyers seeking established apartment living in a heritage-rich area, provided they are comfortable with potential renovation restrictions.