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Palace Lane, Mortlake NSW 2137

Street

Street Summary

Palace Lane, Mortlake NSW 2137 is a local road with a single residential property. 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.


PART 1
Street Profile

Property Type Mix

The mix of houses and apartments (units) that make up the Palace Lane, Mortlake NSW 2137 property market.

Houses vs Apartments1 total lots
100%
Houses (100%)
Apartments (0%)
Townhouses/Villas/Unclassified (0%)

PART 2
Houses

"Houses" in this report includes detached houses, duplexes, and terraces.

Risks &Overlays

See which key planning overlays and environmental risks affect this street before you buy.

Heritage
0 houses affected
Bushfire
0 houses affected
Flood
0 houses affected
High voltage power line
0 houses affected

Street Sales - Houses

Actual house sales on Palace Lane, Mortlake NSW 2137 over the past 5 years, plotted against the Mortlake NSW 2137 median house price trend over the same period.

Street sales vs suburb median
Suburb Median Price
$0$1.3M$2.5M$3.8M$5.0MSept 21May 23Jan 25Sept 26$1.9M · 2023$2.8M · 2024$2.8M · 2025
Turnover rate0%Past 5 years

PART 3
Apartments

Street Sales - Apartments

Actual apartment (unit) sales on Palace Lane, Mortlake NSW 2137 over the past 5 years, plotted against the Mortlake NSW 2137 median apartment price trend over the same period.

Street sales vs suburb median
Suburb Median Price
$0$250k$500k$750k$1.0MSept 21May 23Jan 25Sept 26$800k · 2022$820k · 2023$825k · 2024$820k · 2025$790k · 2026
Apartment sales0Past 12 months
Turnover rate0%Past 5 years

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Living in Palace Lane, Mortlake NSW 2137 : Street Profile & FAQs

Common questions about living on and buying property on Palace Lane, Mortlake NSW 2137 — 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 Palace Lane an expensive or affordable street relative to Mortlake?

There are insufficient recent house sales on Palace Lane to calculate a reliable premium or discount against the Mortlake 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 Palace Lane?

There are no bushfire, heritage, flood overlay, or high-voltage powerline overlays affecting properties on Palace Lane. One property falls under an other flood classification, which means no flood risk has been identified or the property has not been mapped for flood. This is not a risk factor, but buyers should still review council mapping and insurance costs before purchasing.

Are properties on Palace Lane mostly on high, level or low ground?

There is no house, duplex, or terrace home on Palace Lane with known site-vs-street height data. This means the information regarding whether properties sit above, level with, or below the street is unavailable. Buyers should assess the specific property's site characteristics directly rather than relying on street averages.

What type of road is Palace Lane?

Palace Lane is a local road serving nearby residents. The speed limit and the share of stock fronting this specific road section are not available. As a local road, it generally provides access to adjacent properties without carrying significant through traffic, though actual traffic levels and noise cannot be confirmed without further data.

Is Palace Lane mostly houses or apartments?

Palace Lane has 1 residential property in total. The street is 100% houses and 0% apartments. Because the entire residential stock consists of houses, the street is predominantly houses. Buyers looking for apartments will not find any residential stock on this street.

What are the major apartment developments on Palace Lane?

No major apartment developments are recorded on Palace Lane. The street's residential character is defined entirely by its single house, with no apartment projects contributing to the street's housing stock.

How many properties have sold on Palace Lane?

Zero houses and zero apartments have sold on Palace Lane in the past 12 months. The 5-year turnover rate for houses is 0, meaning no houses changed ownership in the last five years. Turnover data for apartments is unavailable. This indicates a very low level of recent sales activity on the street.

Is Palace Lane a good street to buy property on?

Palace Lane is a very small street with only one residential property, which is a house. It is a local road with no apartment developments and no recorded sales in the past year. It is best suited for buyers specifically seeking a quiet, low-density local street with minimal turnover, rather than those looking for investment activity or apartment living.