Universal St, Eastlakes NSW 2018

House prices on Universal St sit 20.93% below the Eastlakes suburb house median. This indicates that recent house sales on the street have generally been priced lower than the average for the suburb. Buyers should note that this metric applies specifically to houses and does not reflect apartment pricing. It is a useful benchmark for understanding relative value, but individual property conditions and features will always influence the final sale price.

There are 0 properties in a bushfire zone and 0 heritage listings on Universal St. Regarding flood risk, 4 properties fall within a flood overlay, 36 are recommended for a flood check, and 45 have other flood classifications indicating no identified risk or unmapped status. There are 0 properties near high-voltage powerlines. Buyers should obtain a flood report and review insurance implications for any property with a flood overlay or check recommendation, as these do not guarantee flooding but warrant due diligence.

79 homes sit level with the street; 2 homes sit below the street. The street has a predominantly level profile relative to the road surface. While site height can influence drainage and views, these factors vary significantly by individual lot. Buyers should inspect the specific property’s topography and drainage during viewings rather than relying on the street-wide average, as the difference between level and slightly below street level can impact site design and maintenance.

Universal St is a local road, which generally serves nearby residents and connects to larger collector or arterial roads. Local roads typically have lower traffic volumes and speed limits compared to major thoroughfares, often creating a quieter residential environment. However, specific traffic levels and noise can vary based on time of day and nearby intersections. Buyers should visit the street at different times to assess the actual living environment and confirm it meets their expectations for noise and privacy.

Universal St has 117 residential properties, with 72.6% being houses and 27.4% apartments. This makes it a predominantly house-focused street, though a significant minority of the stock consists of apartments. The mix suggests a varied residential character, with both detached homes and multi-unit developments present. Buyers should consider how this mix affects street dynamics, such as parking availability and community interaction, as the presence of apartments can influence the overall feel of the neighbourhood compared to purely house-only streets.

Key apartment developments on Universal St include a 15-lot, 4-level building at 49 Universal St built in 1968, an 8-lot, 3-level building at 38 Universal St built in 1979, and a 6-lot, 3-level building at 50 Universal St built in 1965. These projects contribute to the street’s higher-density residential character. While they offer apartment living options, buyers should consider the age of these buildings and potential maintenance or renovation needs, as well as the specific amenities and strata by-laws associated with each development.

In the past 12 months, 7 houses and 1 apartment sold on Universal St. The 5-year turnover rate for houses is 22.4%, while for apartments it is 9.4%. Turnover measures the proportion of properties that changed ownership during the past five years. These figures provide a baseline for market activity, but without comparative benchmark data for the broader suburb, it is difficult to judge whether this activity is high or low. Buyers should monitor recent sales trends to gauge current market momentum.

Universal St offers a mix of 117 residential properties, predominantly houses, with prices 20.93% below the Eastlakes median. It is a local road with a mostly level profile, though 4 properties have flood overlays and 36 are recommended for flood checks. Buyers seeking value in a house-focused street with some apartment options may find it appealing, but must carefully assess flood risk and the age of apartment developments. The street suits those comfortable with due diligence on environmental factors and those looking for a lower entry point relative to the suburb average.