Cranbrook Ave, Cremorne NSW 2090

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

There are 5 heritage listings on Cranbrook Ave, meaning renovations, extensions, or exterior changes may require additional council approval, reducing renovation flexibility. There are no bushfire, flood overlay, or high-voltage powerline overlays recorded. 6 properties fall under other flood classifications, indicating no flood risk identified or not mapped. A flood overlay or recommended flood check does not necessarily mean a property floods, but it is worth reviewing council mapping, flood reports and insurance costs before purchasing.

5 homes sit level with the street; 1 homes sit below the street. Different site heights relative to the street can influence site characteristics, but do not claim specific outcomes such as better views, poorer drainage, reduced flooding, or greater privacy, since these depend on the individual property. Encourage buyers to assess the specific property rather than relying on the street average.

Cranbrook Ave is a local road. Local roads generally serve nearby residents and connect directly to local streets, providing a residential environment. Because specific traffic and speed limit data are unavailable, the street is best understood as a quiet residential thoroughfare serving the immediate neighbourhood.

Cranbrook Ave has 208 residential properties in total. Apartments make up 93% of the street, while houses account for 3%. The street is predominantly apartments, offering a high-density residential environment rather than detached housing.

The major apartment developments on Cranbrook Ave include 26 Cranbrook Ave with 40 lots across 10 levels built in 1970, 1 Cranbrook Ave with 32 lots across 11 levels built in 1966, and 18 Cranbrook Ave with 31 lots across 11 levels built in 1968. These developments contribute to the street's apartment presence or higher-density residential character.

6 apartments sold on Cranbrook Ave in the past 12 months, while no houses were sold. The 5-year turnover rate for apartments is 18.6%, meaning 18.6% of the apartment stock changed ownership during the past five years. No houses sold in the past five years, resulting in a 0% turnover rate for that category.

Cranbrook Ave is best suited for buyers seeking a high-density apartment environment on a local residential road. The street features several established apartment developments from the late 1960s and 1970s. Buyers should note the presence of 5 heritage listings, which may restrict exterior renovations, and the lack of recent house sales, which limits direct house-to-house price comparisons.