Pemell Lane, Newtown NSW 2042
Pemell Lane, Newtown NSW 2042 is a local road where 52% of the 23 residential properties are apartments. Two named apartment projects, 3 Pemell Lane (5 lots, 2 levels, built 2005) and 5 Pemell Lane (5 lots, 3 levels, built 2016), are present. 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.
The mix of houses and apartments (units) that make up the Pemell Lane, Newtown NSW 2042 property market.
"Houses" in this report includes detached houses, duplexes, and terraces.
Actual house sales on Pemell Lane, Newtown NSW 2042 over the past 5 years, plotted against the Newtown NSW 2042 median house price trend over the same period.
Actual apartment (unit) sales on Pemell Lane, Newtown NSW 2042 over the past 5 years, plotted against the Newtown NSW 2042 median apartment price trend over the same period.
The largest apartment projects on Pemell Lane, Newtown NSW 2042, ranked by number of lots.
1 popular apartments on Pemell Lane, Newtown NSW 2042
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Common questions about living on and buying property on Pemell Lane, Newtown NSW 2042 — 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 Pemell Lane an expensive or affordable street relative to Newtown?
There are insufficient recent house sales on Pemell Lane to calculate a reliable premium or discount against the Newtown suburb 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 Pemell Lane?
There are no recorded bushfire, heritage, or high-voltage powerline overlays on Pemell Lane. Flood mapping data is also unavailable for the street, meaning no properties fall within a flood overlay, no properties are recommended for a flood check, and no properties have been reviewed under other flood classifications. Buyers should review council mapping and insurance costs before purchasing.
Are properties on Pemell Lane mostly on high, level or low ground?
There are no house, duplex, or terrace homes on Pemell Lane with known site-vs-street height data, so elevation details are unavailable. The street is predominantly occupied by apartment buildings, which are not measured in this specific site-height metric.
What type of road is Pemell Lane?
Pemell Lane is classified as a local road, which generally serves nearby residents rather than carrying through traffic. Speed limit and road classification data for the dominant section are unavailable, but the local road hierarchy suggests a residential environment focused on local access.
Is Pemell Lane mostly houses or apartments?
Pemell Lane has 23 residential properties, with 52% being apartments and 0% being houses. This means the street is predominantly apartments, with no detached houses, duplexes, or terraces recorded in the residential stock.
What are the major apartment developments on Pemell Lane?
There are two major apartment developments on Pemell Lane. The first is at 3 Pemell Lane, comprising 5 lots across 2 levels, built in 2005. The second is at 5 Pemell Lane, comprising 5 lots across 3 levels, built in 2016. These developments contribute to the street's higher-density residential character.
How many properties have sold on Pemell Lane?
There have been 0 houses and 0 apartments sold on Pemell Lane in the past 12 months. The 5-year turnover rate for apartments is 25%, meaning a quarter of the apartment stock changed ownership in the past five years. House turnover data is unavailable.
Is Pemell Lane a good street to buy property on?
Pemell Lane is best suited for apartment buyers seeking a local-road residential environment. The street offers a mix of older (2005) and newer (2016) apartment developments, with a 25% turnover rate indicating steady ownership changes. Buyers should note the lack of detached houses and the absence of specific elevation or flood mapping data.
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