Tobruk Ave, Cremorne NSW 2090

House prices on Tobruk Ave sit 12.36% above the Cremorne suburb house median. This indicates that the street commands a premium compared to the broader suburb average. Buyers should expect to pay more for a house here than for a typical home in Cremorne, reflecting the specific characteristics and positioning of this street within the local market.

There are no bushfire, heritage, or flood overlay classifications on Tobruk Ave, and no properties are recommended for a flood check. However, 85 properties fall under other flood classifications, which means no flood risk has been identified or the property has not been mapped for flood. High-voltage powerlines do not affect any homes on the street. Buyers should still review council mapping and insurance costs before purchasing.

49 homes sit above the street; 34 homes sit below the street. The street features a mixed profile of homes at different site heights relative to the road. Different site heights can influence site characteristics, but specific outcomes like views or drainage depend on the individual property. Buyers should assess the specific property rather than relying on the street average.

Tobruk Ave is a local road. Local roads generally serve nearby residents rather than carrying significant through traffic. As there is no specific traffic or noise data provided, the street is characterised by its residential function. Buyers should consider that local roads typically offer a quieter environment compared to collector or arterial roads.

Tobruk Ave has 102 residential properties, with 83.3% being houses and 8.8% being apartments. The street is predominantly houses. This mix means buyers looking for detached homes will find the majority of stock here, while those seeking apartments will find a much smaller selection. The property mix defines the primary character of the street.

There are two major apartment developments on the street: 2 Tobruk Ave, Cremorne NSW 2090 with 8 lots across 3 levels, and another 2 Tobruk Ave, Cremorne NSW 2090 with 8 lots across 2 levels. These developments contribute to the street's apartment presence and higher-density residential character, though they represent a small portion of the overall housing stock.

2 houses sold in the past 12 months, while 0 apartments sold. The 5-year turnover rate for houses is 12.9%, meaning 12.9% of houses changed ownership during the past five years. No turnover data is available for apartments. This turnover rate measures the proportion of properties that changed ownership, providing a snapshot of market activity over the last five years.

Tobruk Ave may be more aligned with buyers looking for detached houses on a local road, as the street is predominantly houses. It also suits buyers comfortable with a 12.36% premium relative to the suburb median. Apartment buyers will find limited options, with only two small developments available. The street offers a mix of site heights, requiring individual property assessment.