Mead Dr, Chipping Norton NSW 2170

There are insufficient recent house sales on Mead Dr to calculate a reliable premium or discount against the Chipping Norton 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 high-voltage overlays on Mead Dr. Five properties fall within a flood overlay, while zero are recommended for a flood check and zero fall under other flood classifications. A flood overlay means it is worth reviewing council mapping, flood reports and insurance costs before purchasing, as it does not necessarily mean a property floods.

There is no house, duplex, or terrace home on Mead Dr with known site-vs-street height data, so elevation information is unavailable. The street is predominantly apartment stock, and buyers should assess the specific property's site characteristics rather than relying on street averages.

Mead Dr is a local road. Local roads generally serve nearby residents and connect local streets with larger roads, providing a residential environment. Speed limit and dominant road percentage data are not available for this street.

There are 245 residential properties on Mead Dr, with 2% being houses and 97.1% being apartments. The street is predominantly apartments, reflecting a higher-density residential character.

The major apartment developments on Mead Dr are at 2 Mead Dr (48 lots, 3 levels, built 1989), 7 Mead Dr (48 lots, 4 levels, built 1989), and 4 Mead Dr (36 lots, 3 levels, built 1993). These developments contribute to the street's apartment presence and higher-density residential character.

Five apartments sold on Mead Dr in the past 12 months, while no houses sold. The 5-year turnover rate for apartments is 23.5%, meaning 23.5% of the apartment stock changed ownership during the past five years. No houses sold in the past five years, so the house turnover rate is zero.

Mead Dr is a local road dominated by apartments, with a small number of houses. It suits buyers looking for established apartment living in Chipping Norton, particularly those interested in the specific developments from the late 1980s and early 1990s. Buyers should note the limited recent house sales and the presence of a flood overlay on five properties.