Palmerston Ave, Bronte NSW 2024

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

There are 13 heritage-listed homes on Palmerston Ave, meaning renovations, extensions, or exterior changes may require additional council approval. Four properties are recommended for a flood check, while 13 fall under other flood classifications indicating no flood risk identified or not mapped. There are no bushfire or high-voltage powerline overlays on the street.

4 homes sit above the street; 3 homes sit level with the street; 7 homes sit below the street. Different site heights relative to the street can influence site characteristics, but buyers should assess the specific property rather than relying on the street average.

Palmerston Ave is a local road. Local roads generally serve nearby residents and connect local streets with larger roads.

Palmerston Ave has 172 residential properties. Apartments make up 77.3% of the residential stock, while houses make up 9.9%. The street is predominantly apartments.

Major apartment developments on Palmerston Ave include 19 Palmerston Ave with 28 lots across 4 levels built in 1975, 10 Palmerston Ave with 9 lots across 3 levels, and 31 Palmerston Ave with 9 lots across 4 levels built in 1966. These developments contribute to the street's higher-density residential character.

2 houses and 1 apartment have sold in the past 12 months. The 5-year turnover rate for houses is 17.6%, and for apartments it is 14.3%. Turnover measures the proportion of properties that changed ownership during the past five years.

Palmerston Ave is a local road with 172 residential properties, predominantly apartments. It features 13 heritage-listed homes, meaning renovations may require additional council approval. Four properties are recommended for a flood check, while 13 have no flood risk identified or not mapped. The street has 4 homes sitting above the street, 3 sitting level with the street, and 7 sitting below the street. It is a good fit for apartment buyers or those comfortable with heritage constraints.