Lemon Tree Ave, Melrose Park NSW 2114
Living on Lemon Tree Ave, Melrose Park NSW 2114, you will find a street dominated entirely by apartment living, with 100% of the 260 residential properties being units. There are no houses, duplexes, or terraces on the street. The area features the large Lemon Tree Ave development, which contains 220 lots and was completed in 2022. Apartment sales activity has been steady, with 11 apartments sold in the last 12 months and a 5-year turnover rate of 26.2%.
The mix of houses and apartments (units) that make up the Lemon Tree Ave, Melrose Park NSW 2114 property market.
"Houses" in this report includes detached houses, duplexes, and terraces.
Actual house sales on Lemon Tree Ave, Melrose Park NSW 2114 over the past 5 years, plotted against the Melrose Park NSW 2114 median house price trend over the same period.
Actual apartment (unit) sales on Lemon Tree Ave, Melrose Park NSW 2114 over the past 5 years, plotted against the Melrose Park NSW 2114 median apartment price trend over the same period.
The largest apartment projects on Lemon Tree Ave, Melrose Park NSW 2114, ranked by number of lots.
5 popular apartments on Lemon Tree Ave, Melrose Park NSW 2114
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Common questions about living on and buying property on Lemon Tree Ave, Melrose Park NSW 2114 — 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 Lemon Tree Ave an expensive or affordable street relative to Melrose Park?
There are insufficient recent house sales on Lemon Tree Ave to calculate a reliable premium or discount against the Melrose Park average. Buyers should compare recent sales of individual homes on the street against nearby comparable properties to gauge current market positioning.
What are the risk and overlay factors on Lemon Tree Ave?
There is no bushfire, heritage, or flood overlay on Lemon Tree Ave. No properties are recommended for a flood check, and zero properties fall under other flood classifications. There are also no high-voltage powerline overlays affecting the street.
Are properties on Lemon Tree Ave mostly on high, level or low ground?
There is no house/duplex/terrace elevation data available for Lemon Tree Ave. Buyers should assess the specific property rather than relying on street averages.
What type of road is Lemon Tree Ave?
Lemon Tree Ave is a local road. Local roads generally serve nearby residents and connect local streets with larger roads.
Is Lemon Tree Ave mostly houses or apartments?
Lemon Tree Ave has 260 residential properties, and the street is predominantly apartments. There are no houses, duplexes, or terraces on the street.
What are the major apartment developments on Lemon Tree Ave?
The major apartment development on Lemon Tree Ave is located at 1 Lemon Tree Ave, Melrose Park NSW 2114. It contains 220 lots and was built in 2022.
How many properties have sold on Lemon Tree Ave?
11 apartments sold on Lemon Tree Ave in the past 12 months. The 5-year turnover rate for apartments is 26.2%, meaning 26.2% of the apartment stock changed ownership during the past five years.
Is Lemon Tree Ave a good street to buy property on?
Lemon Tree Ave is a local road consisting entirely of apartments. It is best suited for apartment buyers looking for a local residential street with a major development built in 2022.
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