Ernest St, Crows Nest NSW 2065

House prices on Ernest St sit 16.21% above the Crows Nest suburb house median. This indicates that recent house sales on this street have generally commanded a premium compared to the average house price in the suburb. Buyers should note that this metric applies specifically to houses and does not reflect apartment pricing, which may differ significantly from the house median on this street.

There are 0 properties in a bushfire zone and 0 within a flood overlay. 82 properties are heritage-listed, which may restrict exterior changes or renovations. 0 properties are recommended for a flood check, while 90 fall under other flood classifications, indicating no identified flood risk or unmapped status. There are 0 properties within 100m of high-voltage powerlines. Buyers should review council approvals for heritage items and verify flood mapping for specific lots.

6 homes sit above the street; 76 homes sit level with the street; 2 homes sit below the street. The street has a predominantly level profile relative to the road surface. Site height can influence drainage and access, but specific outcomes depend on individual lot conditions. Buyers should inspect the specific property’s topography rather than relying on the street-wide average to assess potential site characteristics.

Ernest St is primarily a collector road with a 50 km/h speed limit. Collector roads generally connect local streets to larger arterial roads, facilitating traffic flow between residential areas and main thoroughfares. 85.4% of the residential properties on this street front this dominant road section. This classification suggests the street handles more through-traffic than a local road, which may influence noise levels and parking availability for residents.

There are 315 residential properties on Ernest St. The street is predominantly apartments, with 61% of the stock being apartments and 28.6% being houses. This mix indicates a higher-density residential character compared to streets with a higher proportion of detached houses. Buyers should consider how this apartment-heavy composition might affect the street's overall feel and community dynamics.

Major apartment developments include 13 Ernest St with 61 lots over 3 levels built in 1999, 143 Ernest St with 37 lots over 3 levels built in 1992, and 142 Ernest St with 18 lots over 4 levels built in 1967. These projects contribute to the street’s established apartment presence. Buyers should review the specific building management and maintenance history of these developments when considering an apartment purchase on this street.

In the past 12 months, 1 house and 6 apartments sold on Ernest St. Over the trailing 5 years, the house turnover rate is 22.2%, and the apartment turnover rate is 19.3%. Turnover represents the proportion of properties that changed ownership during that period. These figures provide a baseline for market activity, though they should be compared with broader suburb data to gauge relative demand.

Ernest St suits buyers seeking apartment living on a collector road with a 50 km/h speed limit. The street offers a premium house price relative to the suburb median, though apartment pricing may differ. With 82 heritage-listed properties, buyers should factor in potential renovation restrictions. The predominantly level site profile and high apartment concentration (61%) define the street’s character, making it suitable for those prioritising density over detached housing.