Prospect St, Leichhardt NSW 2040
Prospect St, Leichhardt NSW 2040 is a predominantly house-focused street with a flat profile. The street sits below the suburb's house median, though insufficient recent sales prevent a precise comparison. Most homes are level with the street, and one property has been assessed with no flood risk identified. The area contains a mix of houses and apartments, with 72% of residential properties being houses. Recent activity shows one house sale in the last year and a 11.1% five-year turnover rate for houses.
The mix of houses and apartments (units) that make up the Prospect St, Leichhardt NSW 2040 property market.
"Houses" in this report includes detached houses, duplexes, and terraces.
How house lots on Prospect St, Leichhardt NSW 2040 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 Prospect St, Leichhardt NSW 2040 over the past 5 years, plotted against the Leichhardt NSW 2040 median house price trend over the same period.
2 popular houses on Prospect St, Leichhardt NSW 2040
Actual apartment (unit) sales on Prospect St, Leichhardt NSW 2040 over the past 5 years, plotted against the Leichhardt NSW 2040 median apartment price trend over the same period.
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Common questions about living on and buying property on Prospect St, Leichhardt NSW 2040 — 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 Prospect St an expensive or affordable street relative to Leichhardt?
House prices on Prospect St are currently below the Leichhardt suburb median. The street price index is 0, indicating there are insufficient recent sales to calculate a reliable premium or discount relative to the broader Leichhardt market. Buyers should compare recent nearby sales to gauge relative value.
What are the risk and overlay factors on Prospect St?
There are no bushfire, heritage, or high-voltage overlays affecting properties on Prospect St. Regarding flood risk, 18 properties fall under an 'other' flood classification, meaning no flood risk has been identified or they have not been mapped. This does not indicate a flood risk, but buyers should still review council mapping and insurance costs.
Are properties on Prospect St mostly on high, level or low ground?
All 18 elevated properties on Prospect St sit on level ground, with zero properties on the high side and zero on the low side. This indicates a flat topography across the street. Buyers should still assess the specific site characteristics of their chosen property rather than relying solely on the street average.
What type of road is Prospect St?
Road classification, speed limit, and dominant road share data are unavailable for Prospect St. Without this information, it is not possible to objectively describe the road hierarchy or infer traffic levels and noise characteristics for this specific street.
Is Prospect St mostly houses or apartments?
Prospect St has 25 residential properties in total. Houses make up 72% of the stock, while apartments account for 8%. The remaining 20% of properties are not classified as either house or apartment in the available data. The street is predominantly composed of houses.
What are the major apartment developments on Prospect St?
No major apartment developments are recorded on Prospect St. The street features a small number of individual apartments rather than large-scale apartment complexes, contributing to a lower-density residential character overall.
How many properties have sold on Prospect St?
One house sold on Prospect St in the past 12 months, while no apartments were sold. Over the trailing five years, the house turnover rate is 11.1%, and the apartment turnover rate is 50%. Turnover measures the proportion of properties that changed ownership during the past five years.
Is Prospect St a good street to buy property on?
Prospect St may suit buyers seeking a quiet, flat residential street with a high proportion of detached houses. The absence of bushfire, heritage, or high-voltage overlays offers renovation flexibility. However, the low recent sales volume means buyers must carefully evaluate individual property value against broader Leichhardt market trends.
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