Murdoch St, Cremorne NSW 2090

There are insufficient recent house sales on Murdoch St 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 17 heritage-listed properties on Murdoch St, which typically means renovations or exterior changes may require additional council approval. No homes are in a bushfire zone, flood overlay, or high-voltage powerline zone. There are 22 properties classified under other flood categories, indicating no flood risk identified or not mapped. While flood checks are not recommended, buyers should still review council mapping and insurance costs.

8 homes sit above the street; 12 homes sit level with the street; 1 homes sit below the street. The street has a mixed profile of homes above, level with, and 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.

Murdoch St is a collector road with a 50 km/h speed limit, and 100% of the residential properties front this dominant road section. Collector roads generally connect local streets with larger roads, which may mean slightly more through traffic than a local residential street. Buyers should consider this traffic flow when evaluating the street's daily environment.

There are 238 residential properties on Murdoch St. Apartments make up 74.8% of the stock, while houses account for 9.2%. Because apartments represent the majority of residential properties, Murdoch St is predominantly an apartment street. The remaining stock consists of houses, duplexes, and terraces.

The major apartment developments on Murdoch St include 74 Murdoch St with 29 lots across 7 levels, built in 1975. 80 Murdoch St contains 18 lots across 3 levels, built in 2004. 45 Murdoch St features 15 lots across 4 levels, built in 1972. These developments contribute to the street's higher-density residential character.

In the past 12 months, 2 apartments sold on Murdoch St, while 0 houses were sold. Over the trailing 5 years, the turnover rate for apartments is 34.8%, and the turnover rate for houses is 4.5%. Turnover measures the proportion of properties that changed ownership during the past five years.

Murdoch St is a collector road with a 50 km/h speed limit, making it suitable for buyers comfortable with slightly more through traffic. The street is predominantly apartments (74.8%), with 238 residential properties in total. Buyers looking for detached houses will find a small selection, while apartment buyers have a wide range of options across several major developments.