Palace St, Petersham NSW 2049
Palace St, Petersham NSW 2049 sits at a premium to the suburb house median. The street is a local road. 13 homes sit above the street; 57 homes sit level with the street; 1 homes sit below the street. 63 homes are heritage-listed and 33 are recommended for a flood check. The residential mix is 45% house and 37% apartment. Notable developments include 1 Palace St (12 lots, 2 levels, built 2008), 13 Palace St (19 lots, 2 levels), and 81 Palace St (18 lots, 1 level).
The mix of houses and apartments (units) that make up the Palace St, Petersham NSW 2049 property market.
"Houses" in this report includes detached houses, duplexes, and terraces.
How house lots on Palace St, Petersham NSW 2049 sit relative to street level — topography that affects drainage, flood risk, privacy, and build cost. Statistics are calculated from properties with available data.
See which key planning overlays and environmental risks affect this street before you buy.
Actual house sales on Palace St, Petersham NSW 2049 over the past 5 years, plotted against the Petersham NSW 2049 median house price trend over the same period.
Actual apartment (unit) sales on Palace St, Petersham NSW 2049 over the past 5 years, plotted against the Petersham NSW 2049 median apartment price trend over the same period.
The largest apartment projects on Palace St, Petersham NSW 2049, ranked by number of lots.
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Common questions about living on and buying property on Palace St, Petersham NSW 2049 — 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 Palace St an expensive or affordable street relative to Petersham?
House prices on Palace St in Petersham sit 30.24% above the suburb house median.
What are the risk and overlay factors on Palace St?
There are 63 heritage-listed properties on Palace St, meaning renovations or extensions may require additional council approval. No homes face bushfire, flood overlay, or high-voltage powerline risks. However, 33 properties are recommended for a flood check, and 44 have been reviewed with no flood risk identified or not mapped. Buyers should review council mapping and insurance costs before purchasing.
Are properties on Palace St mostly on high, level or low ground?
13 homes sit above the street; 57 homes sit level with the street; 1 homes sit below the street.
What type of road is Palace St?
Palace St in Petersham is a local road, which generally serves nearby residents. Specific speed limits and the share of stock fronting this section are not currently available.
Is Palace St mostly houses or apartments?
There are 171 residential properties on Palace St. Houses make up 45% of the street, while apartments account for 37.4%.
What are the major apartment developments on Palace St?
The major apartment developments on Palace St include 13 Palace St with 19 lots across 2 levels, 81 Palace St with 18 lots across 1 level, and 1 Palace St with 12 lots across 2 levels built in 2008. These projects contribute to the street's higher-density residential character.
How many properties have sold on Palace St?
One house sold on Palace St in the past 12 months, while no apartments were sold. The 5-year turnover rate is 7.8% for houses and 3.1% for apartments, representing the proportion of properties that changed ownership during the past five years.
Is Palace St a good street to buy property on?
Palace St in Petersham suits buyers looking for detached houses or apartments in a local-road residential setting. The street offers a mix of housing types, with a strong apartment presence from several developments. Buyers should consider the heritage overlays and the fact that house prices sit above the suburb median when evaluating their options.
74 Nearby Streets in Petersham, NSW 2049