Michele Rd, Cromer NSW 2099

There are insufficient recent house sales on Michele Rd to calculate a reliable premium or discount against the Cromer 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, or flood overlay classifications on Michele Rd, and no properties are recommended for a flood check. However, 19 properties fall under other flood classifications, meaning they have been reviewed and found to have no flood risk identified or not mapped. There are also no high-voltage powerline classifications affecting the street.

3 homes sit above the street; 12 homes sit level with the street; 1 homes sit 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.

Michele Rd is a local road. The dominant road speed limit and the share of stock fronting this road section are not available. Local roads generally serve nearby residents.

Michele Rd has 35 residential properties. Houses make up 54.3% of the residential stock, while apartments make up 45.7%. The street is predominantly houses.

The major apartment development on Michele Rd is located at 6 Michele Rd, Cromer NSW 2099. It consists of 15 lots across 3 levels and was built in 1961. These developments contribute to the street's apartment presence.

0 houses and 0 apartments have sold in the past 12 months. The 5-year turnover rate for houses is 21.1%, and for apartments, it is 31.2%. Turnover measures the proportion of properties that changed ownership during the past five years.

Michele Rd may be more aligned with buyers looking for detached houses on a local road, or apartment buyers interested in established developments. The street features a mix of homes sitting above, level with, and below the street, and has no bushfire, heritage, or flood overlay classifications.