Melwood Ave, Forestville NSW 2087
Melwood Ave, Forestville NSW 2087 is a collector road with a 50km/h limit, where 89% of homes front this classification. The street is entirely house stock. 1 homes sit above the street; 20 homes sit level with the street; 26 homes sit below the street. This street sits below the suburb's house median. There are insufficient recent house sales to calculate a reliable comparison against the suburb, so buyers should compare recent sales of individual homes on the street against nearby comparable properties.
The mix of houses and apartments (units) that make up the Melwood Ave, Forestville NSW 2087 property market.
The road classification and posted speed limit along Melwood Ave, Forestville NSW 2087. Road class and speed limit can each vary from section to section; the dominant setting along the street is shown here.
"Houses" in this report includes detached houses, duplexes, and terraces.
How house lots on Melwood Ave, Forestville NSW 2087 sit relative to street level — topography that affects drainage, flood risk, privacy, and build cost. Statistics are calculated from properties with available data.
See which key planning overlays and environmental risks affect this street before you buy.
Actual house sales on Melwood Ave, Forestville NSW 2087 over the past 5 years, plotted against the Forestville NSW 2087 median house price trend over the same period.
Actual apartment (unit) sales on Melwood Ave, Forestville NSW 2087 over the past 5 years, plotted against the Forestville NSW 2087 median apartment price trend over the same period.
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Common questions about living on and buying property on Melwood Ave, Forestville NSW 2087 — lifestyle, transport, and the local housing market.
Note: Data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census data and knest.ai internal statistical data.
Is Melwood Ave an expensive or affordable street relative to Forestville?
House prices on Melwood Ave sit 3.11% below the Forestville suburb house median.
What are the risk and overlay factors on Melwood Ave?
There is no bushfire, heritage, or flood overlay risk on Melwood Ave, and no properties are recommended for a flood check. However, 55 properties fall under other flood classifications, meaning no flood risk has been identified or they have not been mapped. There are no high-voltage powerlines nearby. Buyers should still review council mapping and insurance costs before purchasing.
Are properties on Melwood Ave mostly on high, level or low ground?
1 homes sit above the street; 20 homes sit level with the street; 26 homes sit below the street.
What type of road is Melwood Ave?
Melwood Ave is a collector road with a 50 km/h speed limit. Collector roads generally connect local streets with larger roads. 89.1% of the residential properties on the street front this dominant road section.
Is Melwood Ave mostly houses or apartments?
There are 55 residential properties on Melwood Ave. The street is predominantly houses, with 100% of the stock classified as houses and 0% as apartments.
What are the major apartment developments on Melwood Ave?
No major apartment developments are recorded on Melwood Ave.
How many properties have sold on Melwood Ave?
1 house has sold in the past 12 months, while no apartments have sold. The 5-year turnover rate for houses is 20%, meaning 20% of the houses changed ownership during the past five years. Apartment turnover data is unavailable.
Is Melwood Ave a good street to buy property on?
Melwood Ave is a collector road street with a 50 km/h speed limit, where 89.1% of homes front the main road. It consists entirely of houses, with 26 sitting below the street, 20 level with it, and 1 above it. House prices sit 3.11% below the Forestville median. With 1 house sold in the last 12 months and a 20% 5-year turnover, it suits buyers seeking detached homes on a connecting road.
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