Meurants Lane, Glenwood NSW 2768

House prices on Meurants Lane align with the Glenwood suburb house median, meaning the street sits at the average price point for the area. This indicates that buyers can expect to pay typical market rates for houses on this street, rather than a premium or discount. It is a solid reference point for budgeting, though individual property features will still determine the final sale price.

There are no bushfire or heritage overlays on Meurants Lane, and no high-voltage powerlines are present. One property falls within a flood overlay, 45 are recommended for a flood check, and 191 fall under other flood classifications. The overlay and recommended check mean you should review council mapping, flood reports, and insurance costs before purchasing, as these do not necessarily mean a property floods. The 191 properties with other classifications have no flood risk identified or are not mapped.

3 homes sit above the street; 205 homes sit level with the street; 6 homes sit below the street. This means the vast majority of homes on Meurants Lane sit level with the street, with only a small number sitting above or below. Different site heights relative to the street can influence site characteristics, so buyers should assess the specific property rather than relying on the street average.

Meurants Lane is a collector road with a 50 km/h speed limit, and 77.3% of the residential stock fronts this dominant section. Collector roads generally connect local streets with larger roads, which may mean slightly more through traffic than a quiet local street. Buyers should be aware of this road classification when considering traffic and noise levels.

Meurants Lane has 269 residential properties, with 88.1% being houses and 6.3% being apartments. This means the street is predominantly houses, with a small presence of apartments. Buyers looking for detached homes will find the majority of stock here, while those seeking apartments will find a limited selection.

There are three major apartment developments on Meurants Lane: 18 Meurants Lane with 11 lots; 96 Meurants Lane with 6 lots across 2 levels; and another 96 Meurants Lane with 6 lots across 2 levels. These developments contribute to the street's apartment presence and higher-density residential character, offering a small but distinct option for buyers seeking apartments.

4 houses and 1 apartment have sold in the past 12 months on Meurants Lane. Over the past five years, the turnover rate is 13.9% for houses and 17.6% for apartments. Turnover measures the proportion of properties that changed ownership during the past five years, giving you a sense of how frequently properties on this street come to market.

Meurants Lane is well-suited for buyers looking for detached houses on a collector road with a 50 km/h speed limit. It is also a fit for those comfortable with a street where most homes sit level with the street and there are no bushfire or heritage overlays. Apartment buyers will find a small selection, but the street is predominantly houses. Buyers should weigh the collector road classification against their preference for traffic levels.