Fairfax Rd, Bellevue Hill NSW 2023

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

There are 2 heritage listings on the street, meaning renovations or exterior changes may require additional council approval. There is no bushfire, flood overlay, or high-voltage powerline risk recorded. However, 16 properties are recommended for a flood check, and 31 fall under other flood classifications indicating no flood risk identified or not mapped. Buyers should review council mapping and insurance costs before purchasing.

17 homes sit above the street; 2 homes sit level with the street; 22 homes sit below the street. The street features a mixed profile of homes at different site heights relative to the road. Different site heights can influence site characteristics, so buyers should assess the specific property rather than relying on the street average.

Fairfax Rd is a local road. Local roads generally serve nearby residents and connect directly to collector or arterial roads. As the speed limit and dominant road percentage data are unavailable, the street is characterised primarily by its local residential function.

There are 197 residential properties on the street. Apartments make up 64% of the stock, while houses account for 23.9%. Because apartments represent the majority of the residential stock, Fairfax Rd is predominantly an apartment street.

The street features three major apartment developments. The first is at 36 Fairfax Rd, containing 21 lots across 7 levels, built in 1977. The second is at 42 Fairfax Rd, with 14 lots across 6 levels, built in 1963. The third is at 36B Fairfax Rd, comprising 14 lots across 4 levels, built in 1995. These developments contribute to the street's higher-density residential character.

One apartment has sold in the past 12 months, while no houses have sold. Over the past five years, the turnover rate has been 8.5% for houses and 12.7% for apartments. Turnover measures the proportion of properties that changed ownership during the past five years.

Fairfax Rd is a local road with a predominantly apartment stock, though it also contains a notable number of houses. Buyers looking for detached homes should note the heritage listings on two properties, which limit renovation flexibility. Apartment buyers will find several established developments on the street. The street is best suited for those comfortable with a local residential environment and who have reviewed the specific flood check recommendations.