Waters Rd, Naremburn NSW 2065

There are insufficient recent house sales on Waters Rd to calculate a reliable premium or discount against the Naremburn average. Buyers should compare recent sales of individual homes on the street against nearby comparable properties to gauge current market positioning.

There are no bushfire, heritage, or flood overlay risks on Waters Rd, and no high-voltage powerlines are nearby. However, 45 properties are recommended for a flood check, meaning further assessment is advised. Additionally, 11 properties fall under other flood classifications, indicating no flood risk identified or not mapped. Buyers should review council mapping, flood reports, and insurance costs before purchasing.

17 homes sit above the street; 7 homes sit level with the street; 26 homes sit below the street. The street has a mixed profile of homes above, level with, and below the street. Different site heights relative to the street can influence site characteristics, but buyers should assess the specific property rather than relying on the street average.

Waters Rd is a local road. Local roads generally serve nearby residents and provide access to homes, rather than carrying significant through traffic. This classification typically suggests a quieter environment compared to collector or arterial roads, though actual traffic and noise levels can vary based on individual property placement.

There are 109 residential properties on Waters Rd. Houses make up 51.4% of the residential stock, while apartments account for 32.1%. The street is predominantly houses, offering a mix of detached homes, duplexes, and terraces alongside a smaller presence of apartments.

The major apartment developments on Waters Rd include 32 Waters Rd with 19 lots across 2 levels, 44 Waters Rd with 8 lots across 1 level built in 2000, and 15 Waters Rd with 4 lots across 2 levels built in 1976. These developments contribute to the street's apartment presence and higher-density residential character.

Zero houses have sold in the past 12 months, while 1 apartment has sold. The 5-year turnover rate for houses is 3.6%, and for apartments, it is 2.9%. Turnover measures the proportion of properties that changed ownership during the past five years, indicating relatively low trading activity for both property types.

Waters Rd is a local road with a predominantly house profile, making it suitable for buyers seeking detached homes, duplexes, or terraces in a residential setting. Apartment buyers may find options within the identified developments. However, the lack of recent house sales and low turnover rates mean buyers should carefully assess individual property values and market positioning against nearby suburbs.