Spencer Rd, Cremorne NSW 2090

There are insufficient recent house sales on Spencer Rd 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 no bushfire, heritage, flood overlay, or high-voltage powerline overlays affecting properties on Spencer Rd. Two properties fall under other flood classifications, meaning no flood risk has been identified or the property has not been mapped. While this is not a risk factor, it is worth reviewing council mapping and insurance costs before purchasing.

There is no house, duplex, or terrace home on Spencer Rd with known site-vs-street height data, so elevation details are unavailable. The street is dominated by apartments, which are not included in this specific site-height measurement. Buyers should assess the specific property's site characteristics rather than relying on street averages.

Spencer Rd is a local road, which generally serves nearby residents rather than carrying through traffic. Speed limit and dominant road percentage data are unavailable, so the street's traffic and noise characteristics cannot be objectively confirmed. Buyers should visit the street at different times to gauge the actual environment.

Spencer Rd has 157 residential properties, with apartments making up 98.7% of the stock and houses accounting for just 1.3%. The street is overwhelmingly dominated by apartment living, with only a very small number of houses, duplexes, or terraces present.

The street features three major apartment developments: 131 Spencer Rd (28 lots, 5 levels, built 1986), 133 Spencer Rd (24 lots, 4 levels, built 1982), and 126 Spencer Rd (23 lots, 6 levels, built 1977). These projects contribute significantly to the street's higher-density residential character.

Six apartments sold on Spencer Rd in the past 12 months, while no houses were sold. The 5-year turnover rate for apartments is 20%, meaning 20% of the apartment stock changed ownership during that period. No turnover data is available for the small number of houses on the street.

Spencer Rd is best suited for buyers seeking an apartment-focused environment on a local residential road. It is not ideal for those looking for detached houses, as only 1.3% of the stock falls into this category. Buyers should consider the 20% apartment turnover rate and the lack of recent house sales when assessing market activity.