Prospect St, Erskineville NSW 2043

House prices on Prospect St sit 27.85% above the Erskineville suburb house median, indicating a premium pricing position for detached homes. This ratio reflects recent sales activity and places the street well above the local average for houses. Buyers should expect to pay a higher price for a house on this street compared to the broader Erskineville market. The metric applies strictly to houses and does not indicate the relative pricing of apartments on the street.

There are 78 properties on Prospect St subject to a heritage overlay, which means renovations, extensions, or exterior changes may require additional council approval. There are 2 properties recommended for a flood check, and 76 properties fall under other flood classifications, indicating no flood risk identified or not mapped. There are no bushfire, flood overlay, or high-voltage powerline risks recorded on the street. Buyers should review council mapping and insurance costs before purchasing.

71 homes sit level with the street. There are 0 homes that sit above the street and 0 homes that sit below the street. The street has a uniform profile where all known site heights are level with the street. Different site heights can influence site characteristics, so buyers should assess the specific property rather than relying on the street average.

Prospect St is a local road. Local roads generally serve nearby residents and connect directly to collector or arterial roads. Information regarding the speed limit and the share of stock fronting the dominant road section is unavailable. Buyers should expect a residential environment typical of local streets, though specific traffic or noise levels are not provided.

Prospect St has 107 residential properties in total. Houses make up 72.9% of the residential stock, while apartments make up 27.1%. The street is predominantly houses. This mix reflects the structural composition of the street, with detached homes forming the majority of the residential environment.

There are two major apartment developments recorded on Prospect St. The first is located at 60 Prospect St, Erskineville NSW 2043, comprising 16 lots across 4 levels. The second is located at 4 Prospect St, Erskineville NSW 2043, comprising 12 lots across 4 levels and built in 1996. These developments contribute to the street's apartment presence.

3 houses sold on Prospect St in the past 12 months, while 0 apartments sold in the same period. The 5-year turnover rate for houses is 20.5%, and the 5-year turnover rate for apartments is 3.4%. Turnover measures the proportion of properties that changed ownership during the past five years. Buyers should compare these figures against nearby streets to gauge market activity.

Prospect St is a local road with a predominantly house character, where 72.9% of the 107 residential properties are houses. House prices sit 27.85% above the Erskineville suburb median. The street features 78 heritage-listed properties, which may limit renovation flexibility, and 2 properties recommended for a flood check. It may suit buyers seeking a quiet local road with heritage character who are comfortable with renovation restrictions.