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Peace Lane, Parramatta NSW 2150

Street

Street Summary

Peace Lane in Parramatta NSW 2150 is a local road where the residential stock is entirely apartments. Five apartments have sold in the past 12 months, with a 5-year turnover rate of 57.1%. One major development, 23 Marion St, comprises 32 lots across 8 levels built in 2015. There are insufficient recent house sales to calculate a reliable comparison against the suburb.


PART 1
Street Profile

Property Type Mix

The mix of houses and apartments (units) that make up the Peace Lane, Parramatta NSW 2150 property market.

Houses vs Apartments28 total lots
100%
Houses (0%)
Apartments (100%)
Townhouses/Villas/Unclassified (0%)

PART 2
Houses

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

Street Sales - Houses

Actual house sales on Peace Lane, Parramatta NSW 2150 over the past 5 years, plotted against the Parramatta NSW 2150 median house price trend over the same period.

Street sales vs suburb median
Suburb Median Price
$0$500k$1.0M$1.5M$2.0MSept 21May 23Jan 25Sept 26$1.4M · 2022$1.5M · 2023$1.7M · 2024$1.7M · 2025
Turnover rate0%Past 5 years

PART 3
Apartments

Street Sales - Apartments

Actual apartment (unit) sales on Peace Lane, Parramatta NSW 2150 over the past 5 years, plotted against the Parramatta NSW 2150 median apartment price trend over the same period.

Street sales vs suburb median
Street SalesSuburb Median Price
$0$250k$500k$750k$1.0MSept 21May 23Jan 25Sept 26$620k · 2022$620k · 2023$622k · 2024$611k · 2025$636k · 2026$580k · 2024-05-13 · 10/4 PEACE LANE, PARRAMATTA NSW 2150$570k · 2026-04-30 · 15/4 PEACE LANE, PARRAMATTA NSW 2150$520k · 2023-06-16 · 16/4 PEACE LANE, PARRAMATTA NSW 2150$580k · 2025-08-11 · 18/4 PEACE LANE, PARRAMATTA NSW 2150$535k · 2025-03-12 · 19/4 PEACE LANE, PARRAMATTA NSW 2150$510k · 2024-07-16 · 23/4 PEACE LANE, PARRAMATTA NSW 2150$520k · 2024-08-07 · 24/4 PEACE LANE, PARRAMATTA NSW 2150$575k · 2026-05-30 · 25/4 PEACE LANE, PARRAMATTA NSW 2150$470k · 2021-12-09 · 26/4 PEACE LANE, PARRAMATTA NSW 2150$540k · 2026-02-20 · 27/4 PEACE LANE, PARRAMATTA NSW 2150$400k · 2023-10-03 · 30/4 PEACE LANE, PARRAMATTA NSW 2150$600k · 2024-04-19 · 32/4 PEACE LANE, PARRAMATTA NSW 2150$680k · 2023-10-05 · 6/4 PEACE LANE, PARRAMATTA NSW 2150$399k · 2023-01-16 · 8/4 PEACE LANE, PARRAMATTA NSW 2150$400k · 2024-11-01 · 8/4 PEACE LANE, PARRAMATTA NSW 2150$517k · 2023-03-31 · 9/4 PEACE LANE, PARRAMATTA NSW 2150
Apartment sales5Past 12 months
Turnover rate57.1%Past 5 years

Largest Apartment Projects

The largest apartment projects on Peace Lane, Parramatta NSW 2150, ranked by number of lots.

1
23 MARION ST, PARRAMATTA NSW 2150Small-Medium project (20-50 lots)

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Living in Peace Lane, Parramatta NSW 2150 : Street Profile & FAQs

Common questions about living on and buying property on Peace Lane, Parramatta NSW 2150 — 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 Peace Lane an expensive or affordable street relative to Parramatta?

There are insufficient recent house sales on Peace Lane to calculate a reliable premium or discount against the Parramatta average, so 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 Peace Lane?

There are no recorded bushfire, heritage, or high-voltage overlays on Peace Lane. Regarding flood risk, there are no properties in a flood overlay, none recommended for a flood check, and no properties under other flood classifications, meaning no flood risk is identified or mapped for the street.

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

There is no house, duplex, or terrace stock on Peace Lane, so site-vs-street height data is unavailable. The street consists entirely of apartments, so elevation relative to the street is not applicable to the residential properties here.

What type of road is Peace Lane?

Peace Lane is a local road serving nearby residents. There is no available data on the speed limit or the percentage of residential properties fronting this specific road section.

Is Peace Lane mostly houses or apartments?

Peace Lane has 28 residential properties, and 100% of them are apartments. There are no houses, duplexes, or terraces on the street.

What are the major apartment developments on Peace Lane?

The major apartment development on the street is 23 Marion St, Parramatta NSW 2150. This project contains 32 lots across 8 levels and was built in 2015.

How many properties have sold on Peace Lane?

Five apartments sold on Peace Lane in the past 12 months. The 5-year turnover rate for apartments is 57.1%, meaning 57.1% of the apartment stock changed ownership during the past five years. There were no houses sold, and no 5-year turnover data is available for houses.

Is Peace Lane a good street to buy property on?

Peace Lane is a local road consisting entirely of apartments, making it suitable for buyers seeking higher-density living in Parramatta. With 57.1% of the apartment stock changing hands over five years and five apartments sold in the last year, the street offers active apartment trading, though buyers should note the lack of detached housing options.