Parramatta Rd, Petersham NSW 2049
Living on Parramatta Rd, Petersham NSW 2049 means residing on a highway with a 60km/h speed limit, where 98% of residential stock fronts this major road. The street is predominantly apartment living at 59%, with 41% houses. One home sits above the street. Twenty-one properties are heritage-listed, two are recommended for a flood check, and nineteen have other flood classifications. 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 Parramatta Rd, Petersham NSW 2049 property market.
The road classification and posted speed limit along Parramatta Rd, Petersham NSW 2049. Road class and speed limit can each vary from section to section; the dominant setting along the street is shown here.
"Houses" in this report includes detached houses, duplexes, and terraces.
How house lots on Parramatta Rd, 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 Parramatta Rd, 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 Parramatta Rd, 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 Parramatta Rd, Petersham NSW 2049, ranked by number of lots.
12 popular apartments on Parramatta Rd, Petersham NSW 2049
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Common questions about living on and buying property on Parramatta Rd, 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 Parramatta Rd an expensive or affordable street relative to Petersham?
There are insufficient recent house sales on Parramatta Rd to calculate a reliable premium or discount against the Petersham 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 Parramatta Rd?
There are no bushfire or high-voltage powerline overlays on Parramatta Rd. Twenty-one properties are heritage-listed, meaning renovations or exterior changes may require additional council approval. Two properties are recommended for a flood check, while nineteen fall under other flood classifications indicating no flood risk identified or not mapped. A flood overlay or recommended flood check does not necessarily mean a property floods, but it is worth reviewing council mapping, flood reports and insurance costs before purchasing.
Are properties on Parramatta Rd mostly on high, level or low ground?
One home sits above the street. Different site heights relative to the street can influence site characteristics, but buyers should assess the specific property rather than relying on the street average.
What type of road is Parramatta Rd?
Parramatta Rd is classified as a highway with a 60 km/h speed limit. Ninety-eight percent of the residential stock fronts this dominant road section. Highways generally carry more through traffic, which may result in higher noise levels compared to local residential streets.
Is Parramatta Rd mostly houses or apartments?
Parramatta Rd has 51 residential properties in total. Houses make up 41.2% of the stock, while apartments account for 58.8%. This mix means the street is predominantly apartments.
What are the major apartment developments on Parramatta Rd?
The major apartment developments on Parramatta Rd include 1 Phillip St, Petersham, which has 103 lots across 5 levels and was built in 2002. 504 Parramatta Rd features 21 lots across 5 levels, built in 2004. 500 Parramatta Rd contains 6 lots. These developments contribute to the street's apartment presence or higher-density residential character.
How many properties have sold on Parramatta Rd?
One apartment has sold on Parramatta Rd in the past 12 months. No houses have sold in the past 12 months. The 5-year turnover rate for apartments is 10%, while the rate for houses is 0%. Turnover measures the proportion of properties that changed ownership during the past five years.
Is Parramatta Rd a good street to buy property on?
Parramatta Rd is best suited for apartment buyers comfortable with a highway environment. The street features 51 residential properties, mostly apartments, with a mix of older and newer developments. Buyers should consider the highway classification, heritage overlays on 21 homes, and the specific flood check recommendations before purchasing.
74 Nearby Streets in Petersham, NSW 2049