Margaret St, Newtown NSW 2042

House prices on Margaret St in Newtown sit 3.26% below the suburb house median, making it a slightly more affordable option than the average street. This ratio reflects recent house sales on the street compared to the broader Newtown market, indicating that buyers may find relative value here compared to premium streets. Apartment pricing is not tracked in this specific comparison, so this affordability assessment applies only to houses.

There are no bushfire, flood overlay, or high-voltage powerline risks recorded on Margaret St. However, 54 properties are heritage-listed, which means renovations or exterior changes may require additional council approval. Flood assessments show that 53 homes are recommended for a flood check, while 1 property has no flood risk identified or is not mapped. Buyers should review council mapping and insurance costs before purchasing, as a flood check recommendation warrants further assessment.

51 homes sit level with the street. There are no properties recorded as sitting above or below the street. This indicates a flat profile where the site height is consistent with the street level. Different site heights can influence site characteristics, so buyers should assess the specific property rather than relying on the street average.

Margaret St is classified as a local road, which generally serves nearby residents and connects to larger collector or arterial roads. As a local road, it is designed to provide access to adjacent properties rather than carry through traffic. Specific speed limits and the exact share of properties fronting this dominant road section are not available, but the local classification suggests a residential focus.

Margaret St in Newtown has 63 residential properties, with 85.7% being houses and 14.3% being apartments. This means the street is predominantly houses, with a small presence of apartments. The housing mix is clearly skewed towards houses, which cover detached homes, duplexes, and terraces, while the apartment category covers units and studios.

The major apartment development on Margaret St is located at 14 Margaret St, Newtown. This project contains 8 lots across 2 levels. These developments contribute to the street's apartment presence and higher-density residential character, accounting for the minority of properties on the street.

In the past 12 months, 2 houses sold on Margaret St, while no apartments were sold. The 5-year turnover rate for houses is 18.5%, meaning 18.5% of houses changed ownership during the past five years. Turnover data for apartments is unavailable, so no comparison can be made for that category.

Margaret St in Newtown may be well-suited for buyers looking for detached houses on a local road, given its 85.7% house composition and local road classification. The street offers relative affordability, with house prices sitting 3.26% below the suburb median. Buyers should be aware of the 54 heritage-listed properties, which may limit renovation flexibility, and the 53 properties recommended for a flood check, which warrants further assessment.