Parkview Rd, Russell Lea NSW 2046
Parkview Rd, Russell Lea NSW 2046 is a predominantly apartment street with 74% of its 66 residential properties being units. Two named developments, 55 Parkview Rd (36 lots, 4 levels, built 1970) and 65 Parkview Rd (12 lots, 4 levels, built 1971), anchor the housing stock. There are insufficient recent house sales to calculate a reliable comparison against the suburb median. Apartment turnover over the past five years is 18.4%, with 2 apartments sold in the trailing 12 months.
The mix of houses and apartments (units) that make up the Parkview Rd, Russell Lea NSW 2046 property market.
"Houses" in this report includes detached houses, duplexes, and terraces.
Actual house sales on Parkview Rd, Russell Lea NSW 2046 over the past 5 years, plotted against the Russell Lea NSW 2046 median house price trend over the same period.
Actual apartment (unit) sales on Parkview Rd, Russell Lea NSW 2046 over the past 5 years, plotted against the Russell Lea NSW 2046 median apartment price trend over the same period.
The largest apartment projects on Parkview Rd, Russell Lea NSW 2046, ranked by number of lots.
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Common questions about living on and buying property on Parkview Rd, Russell Lea NSW 2046 — 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 Parkview Rd an expensive or affordable street relative to Russell Lea?
There are insufficient recent house sales on Parkview Rd to calculate a reliable premium or discount against the Russell Lea 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 Parkview Rd?
There is no bushfire, heritage, or flood overlay data recorded for the homes on Parkview Rd. Similarly, no properties are flagged for a flood check, other flood classifications, or proximity to high-voltage powerlines. Buyers should note that the absence of these specific overlay counts does not guarantee a property is free from all environmental or planning considerations.
Are properties on Parkview Rd mostly on high, level or low ground?
There is no site-vs-street height data available for the homes on Parkview Rd. Consequently, it is not possible to determine whether properties sit above, level with, or below the street. Buyers should assess the specific site characteristics of any individual property they are considering.
What type of road is Parkview Rd?
Parkview Rd is classified as a local road. Local roads generally serve nearby residents and provide access to properties rather than carrying significant through traffic. This classification typically suggests a quieter environment compared to collector or arterial roads, though specific traffic or noise levels are not provided.
Is Parkview Rd mostly houses or apartments?
Parkview Rd has 66 residential properties, with 74% being apartments and 0% being houses. The street is predominantly an apartment-focused street, with the vast majority of the residential stock consisting of units or apartments rather than detached houses, duplexes, or terraces.
What are the major apartment developments on Parkview Rd?
The street features two major apartment developments. The first is at 55 Parkview Rd, comprising 36 lots across 4 levels, built in 1970. The second is at 65 Parkview Rd, comprising 12 lots across 4 levels, built in 1971. These developments contribute to the street's higher-density residential character.
How many properties have sold on Parkview Rd?
In the past 12 months, 2 apartments have sold on Parkview Rd, while no houses have sold. The 5-year turnover rate for apartments is 0.184, meaning 18.4% of the apartment stock changed ownership during the past five years. House turnover data is not available.
Is Parkview Rd a good street to buy property on?
Parkview Rd is best suited for buyers specifically looking for apartments in a local-road residential setting. The street is dominated by apartment stock, with two established developments from the early 1970s. It is not suitable for buyers seeking detached houses, as there are no houses recorded on the street.
47 Nearby Streets in Russell Lea, NSW 2046