The Parade, Russell Lea NSW 2046
The Parade in Russell Lea NSW 2046 is a local road where 28% of properties are houses and 70% are apartments. 1 homes sit above the street; 6 homes sit level with the street; 4 homes sit below the street. 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. Notable apartment developments include 20 The Parade with 15 lots across 4 levels built in 1973, and 22 The Parade with 15 lots.
The mix of houses and apartments (units) that make up the The Parade, Russell Lea NSW 2046 property market.
"Houses" in this report includes detached houses, duplexes, and terraces.
How house lots on The Parade, Russell Lea NSW 2046 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 The Parade, Russell Lea NSW 2046 over the past 5 years, plotted against the Russell Lea NSW 2046 median house price trend over the same period.
2 popular houses on The Parade, Russell Lea NSW 2046
Actual apartment (unit) sales on The Parade, 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 The Parade, Russell Lea NSW 2046, ranked by number of lots.
3 popular apartments on The Parade, Russell Lea NSW 2046
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Common questions about living on and buying property on The Parade, 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 The Parade an expensive or affordable street relative to Russell Lea?
There are insufficient recent house sales on The Parade 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 The Parade?
There are no bushfire, heritage, or flood overlay risks on The Parade, and no properties are recommended for a flood check. However, 13 properties fall under other flood classifications, meaning no flood risk has been identified or the property has not been mapped. There are also no high-voltage powerline risks on the street.
Are properties on The Parade mostly on high, level or low ground?
1 homes sit above the street; 6 homes sit level with the street; 4 homes sit below the street. The street has a mixed profile of homes above, level with, and below 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 The Parade?
The Parade is a local road. Local roads generally serve nearby residents and connect to larger collector or arterial roads. As the dominant road percentage and speed limit data are unavailable, buyers should consider that local roads typically provide a quieter residential environment compared to busier through-traffic routes.
Is The Parade mostly houses or apartments?
The Parade has 46 residential properties, with 28.3% being houses and 69.6% being apartments. The street is predominantly apartments. This mix means buyers looking for detached houses will find fewer options, while those seeking higher-density living will find a larger selection of apartment stock.
What are the major apartment developments on The Parade?
The major apartment developments on The Parade include 20 The Parade, which has 15 lots across 4 levels built in 1973, and 22 The Parade, which has 15 lots. These developments contribute to the street's apartment presence or higher-density residential character.
How many properties have sold on The Parade?
2 houses and 2 apartments have sold in the past 12 months. The 5-year turnover rate for houses is 38.5%, while the turnover rate for apartments is 6.2%. Turnover measures the proportion of properties that changed ownership during the past five years.
Is The Parade a good street to buy property on?
The Parade may be more aligned with buyers preferring local-road residential streets and those seeking higher-density living, given its predominantly apartment stock. Buyers comfortable with a mixed profile of homes above, level with, and below the street will find a variety of site characteristics. The street offers a quiet environment with no bushfire, heritage, or high-voltage risks.
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