Cleveland St, Surry Hills NSW 2010

There are insufficient recent house sales on Cleveland St to calculate a reliable premium or discount against the Surry Hills average. Buyers should compare recent sales of individual homes on the street against nearby comparable properties to gauge current market positioning.

There are 20 heritage-listed properties on Cleveland St, meaning renovations or exterior changes may require additional council approval. Flood overlays do not apply, but 19 properties are recommended for a flood check, and 1 property has been reviewed with no flood risk identified or not mapped. There are no bushfire or high-voltage powerline overlays affecting the street.

1 home sits above the street and 1 home sits level with the street. The street has a mixed profile of homes above and level with the street, with no homes sitting below the street. Different site heights can influence site characteristics, so buyers should assess the specific property rather than relying on the street average.

Cleveland St is classified as an arterial road with a 50 km/h speed limit. This classification generally means the street carries more through traffic and connects local streets with larger roads. 96% of the residential properties on the street front this dominant arterial road section.

There are 149 residential properties on Cleveland St, and the street is predominantly apartments. Apartments make up 83.9% of the residential stock, while houses, duplexes, and terraces account for 13.4% of the total.

The major apartment developments on Cleveland St include 426 Cleveland St, a 4-level building with 25 lots built in 2000; 356 Cleveland St, a 21-lot development; and 554 Cleveland St, a 9-lot development. These projects contribute to the street's higher-density residential character.

In the past 12 months, 1 apartment sold on Cleveland St, while no houses changed hands. Over the trailing 5 years, the turnover rate was 5% for houses and 5.6% for apartments. Turnover measures the proportion of properties that changed ownership during the past five years.

Cleveland St is best suited for apartment buyers who do not mind living on a busy arterial road with a 50 km/h speed limit. It is also a fit for buyers comfortable with heritage-listed homes that may require council approval for renovations. The street is not suitable for those seeking detached houses or a quiet local-road environment.