Cannons Pde, Forestville NSW 2087

House prices on Cannons Pde sit 22.73% above the Forestville suburb house median. This indicates that recent house sales on the street have commanded a premium compared to the broader suburb average. Buyers should note that this metric applies specifically to houses and does not reflect apartment pricing. To gauge current market positioning accurately, compare recent sales of individual homes on the street against nearby comparable properties.

Three homes on Cannons Pde fall within a bushfire zone, while there are no heritage listings or high-voltage powerline overlays. Regarding flood risk, there are no properties within a flood overlay or recommended for a flood check. The remaining 67 homes have no flood risk identified or are not mapped for flood assessment. Buyers should review council mapping and insurance implications for any property in the bushfire zone, as this may affect renovation flexibility or insurance costs.

The street presents a mixed profile of site heights. Specifically, 19 homes sit above the street, 23 homes sit level with the street, and 21 homes sit below the street. Because no single category clearly dominates the others, it is best to view the street as having varied topography relative to the road. Buyers should assess the specific site of each property, as individual site height can influence drainage and access, rather than relying on the street-wide average.

Cannons Pde is classified as a local road. This classification generally means the street serves nearby residents and connects to larger collector or arterial roads, rather than carrying significant through traffic. While local roads typically experience lower traffic volumes than major thoroughfares, specific noise levels can vary based on individual property orientation and distance from the road. Buyers should visit the street at different times of day to assess the ambient environment for their specific needs.

There are 92 residential properties on Cannons Pde. The housing stock is predominantly houses, which make up 72.8% of the total residential count. Apartments account for 8.7% of the properties on the street. This mix suggests a traditional residential character dominated by detached or semi-detached housing, with a smaller presence of apartment living. Buyers seeking a house will find the majority of options here, while apartment buyers will have a more limited selection.

The primary apartment development recorded on Cannons Pde is located at 33 Cannons Pde. This site comprises three distinct project entries, each consisting of 8 lots. Two of these entries are 2-level buildings, while the third is a 1-level building. These developments contribute to the street's apartment presence and higher-density residential character. No other major apartment projects are listed for this street, indicating that apartment stock is concentrated in this specific location.

In the past 12 months, 3 houses sold on Cannons Pde, while 0 apartments sold. Over the trailing 5 years, the house turnover rate is 13.4%, meaning 13.4% of house stock changed ownership. The apartment turnover rate over the same period is 12.5%. These figures represent the proportion of properties that changed hands during the five-year period. Turnover rates provide a historical view of market activity but do not predict future sales frequency or price movements.

Cannons Pde is well-suited for buyers seeking a house, as 72.8% of the stock is houses. The street offers a premium pricing position, with houses selling 22.73% above the Forestville median. It is a local road, which may appeal to those preferring a residential street environment over major arterial roads. Buyers should be aware that 3 homes are in a bushfire zone, which may impact insurance or renovation plans. The mixed elevation profile means site-specific assessment is crucial for each property.