Prospect Ave, Cremorne NSW 2090
Prospect Ave, Cremorne NSW 2090, is a predominantly apartment-focused street with a 17-level development at 6 Prospect Ave. The road functions as a local route. 1 homes sit above the street; 3 homes sit level with the street; 2 homes sit below the street. There are insufficient recent house sales to calculate a reliable comparison against the suburb, so buyers should compare recent sales of individual homes on the street against nearby comparable properties. The street has 61 residential properties, with 9.8% houses and 90.2% apartments. Two apartments sold in the past 12 months, with a 27.3% apartment turnover over five years.
The mix of houses and apartments (units) that make up the Prospect Ave, Cremorne NSW 2090 property market.
"Houses" in this report includes detached houses, duplexes, and terraces.
How house lots on Prospect Ave, Cremorne NSW 2090 sit relative to street level — topography that affects drainage, flood risk, privacy, and build cost. Statistics are calculated from properties with available data.
See which key planning overlays and environmental risks affect this street before you buy.
Actual house sales on Prospect Ave, Cremorne NSW 2090 over the past 5 years, plotted against the Cremorne NSW 2090 median house price trend over the same period.
Actual apartment (unit) sales on Prospect Ave, Cremorne NSW 2090 over the past 5 years, plotted against the Cremorne NSW 2090 median apartment price trend over the same period.
The largest apartment projects on Prospect Ave, Cremorne NSW 2090, ranked by number of lots.
5 popular apartments on Prospect Ave, Cremorne NSW 2090
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Common questions about living on and buying property on Prospect Ave, Cremorne NSW 2090 — lifestyle, transport, and the local housing market.
Note: Data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census data and knest.ai internal statistical data.
Is Prospect Ave an expensive or affordable street relative to Cremorne?
There are insufficient recent house sales on Prospect 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.
What are the risk and overlay factors on Prospect Ave?
There are no bushfire, heritage, or high-voltage overlays on Prospect Ave, and no properties fall within a flood overlay or are recommended for a flood check. However, 6 properties fall under other flood classifications, meaning no flood risk has been identified or they have not been mapped. While this does not indicate a flood risk, it is worth reviewing council mapping, flood reports and insurance costs before purchasing.
Are properties on Prospect Ave mostly on high, level or low ground?
1 homes sit above the street; 3 homes sit level with the street; 2 homes sit below the street. Different site heights relative to the street can influence site characteristics, but you should assess the specific property rather than relying on the street average.
What type of road is Prospect Ave?
Prospect Ave is a local road. Local roads generally serve nearby residents and connect local streets with larger roads. You may make a general, non-committal observation about traffic or noise based on the road classification only.
Is Prospect Ave mostly houses or apartments?
Prospect Ave has 61 residential properties, with 9.8% being houses and 90.2% being apartments. The street is predominantly apartments.
What are the major apartment developments on Prospect Ave?
There is 1 major apartment development on Prospect Ave: 6 Prospect Ave, Cremorne NSW 2090, which has 54 lots across 17 levels and was built in 1973. These developments contribute to the street's apartment presence or higher-density residential character.
How many properties have sold on Prospect Ave?
2 apartments have sold in the past 12 months, while 0 houses have sold. The 5-year turnover rate is 16.7% for houses and 27.3% for apartments. Turnover measures the proportion of properties that changed ownership during the past five years.
Is Prospect Ave a good street to buy property on?
Prospect Ave is a local road with 61 residential properties, predominantly apartments (90.2%). It has 1 major apartment development, 2 apartment sales in the past 12 months, and 27.3% apartment turnover over 5 years. There are no bushfire, heritage, or high-voltage overlays, and 6 properties have other flood classifications. Buyers looking for detached houses may find limited options, while apartment buyers may find a higher-density residential character.
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