Alice St, Newtown NSW 2042

Recent house prices on Alice St sit 4.72% below the Newtown suburb house median. This indicates that, on average, houses on this street trade at a slight discount compared to the broader suburb. Buyers should note that this metric applies specifically to houses and does not reflect apartment pricing. It is a useful benchmark for relative positioning, but individual property values will vary based on specific features and condition.

Alice St has 4 heritage-listed properties, which may require council approval for exterior changes. There are 9 properties within a flood overlay and 86 recommended for a flood check, so buyers should review council mapping and insurance implications. 21 properties have no flood risk identified or are not mapped. There are no bushfire zones or high-voltage powerline overlays recorded for the street's house stock.

11 homes sit above the street; 95 homes sit level with the street. The street is predominantly level with the road, which is common in urban areas. Site height relative to the street can influence drainage and access, but it does not guarantee specific outcomes like views or privacy. Buyers should inspect the specific site of any property they are considering to understand its individual characteristics.

Alice St is a local road, which generally serves nearby residents and connects to larger thoroughfares. Local roads typically have lower traffic volumes than collector or arterial roads, though specific noise levels can vary. This classification suggests the street is designed for local access rather than through traffic, which is a common feature of residential streets in Newtown.

Alice St has 642 residential properties, with 18.1% being houses and 66.5% being apartments. The street is predominantly apartments, reflecting the high-density character of Newtown. This mix means buyers will find a wide range of apartment options, while house stock is less common. The dominance of apartments suggests a focus on vertical living in this part of the suburb.

Major apartment developments on Alice St include 32 Alice St, a 6-level building with 203 lots built in 2016, and 104 Alice St, a 4-level building with 34 lots built in 2003. These projects contribute to the street's higher-density residential character. Buyers should note that 18 Camden St is also listed, though it is on an adjacent street, indicating the broader area's development activity.

In the past 12 months, 6 houses and 18 apartments sold on Alice St. The 5-year turnover rate is 16.4% for houses and 21.3% for apartments. Turnover measures the proportion of properties that changed ownership over five years. These figures provide a baseline for market activity, though they do not indicate whether the market is strong or slow without comparative benchmarks.

Alice St suits buyers seeking apartment living in a high-density Newtown location, with 66.5% of stock being apartments. House buyers will find fewer options, with only 18.1% of properties being houses. The street is a local road, suitable for those preferring residential access over through traffic. Buyers should consider the flood and heritage overlays when evaluating specific properties.