Palmer St, Woolloomooloo NSW 2011
Palmer St, Woolloomooloo NSW 2011 is an arterial road with a 50km/h limit, where 75.9% of residences front the street. The area is overwhelmingly apartment-focused at 97.9%, with only 2.1% houses. Three homes are heritage-listed and three are recommended for a flood check. Notable developments include the 64-lot building at 27 Palmer St and the 32-lot building at 113 Palmer St. With only two apartment sales in the past year and a 16.2% five-year turnover rate, activity is low. There are insufficient recent house sales to calculate a reliable comparison against the suburb median, 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 Palmer St, Woolloomooloo NSW 2011 property market.
The road classification and posted speed limit along Palmer St, Woolloomooloo NSW 2011. 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.
See which key planning overlays and environmental risks affect this street before you buy.
Actual house sales on Palmer St, Woolloomooloo NSW 2011 over the past 5 years, plotted against the Woolloomooloo NSW 2011 median house price trend over the same period.
Actual apartment (unit) sales on Palmer St, Woolloomooloo NSW 2011 over the past 5 years, plotted against the Woolloomooloo NSW 2011 median apartment price trend over the same period.
The largest apartment projects on Palmer St, Woolloomooloo NSW 2011, ranked by number of lots.
11 popular apartments on Palmer St, Woolloomooloo NSW 2011
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Common questions about living on and buying property on Palmer St, Woolloomooloo NSW 2011 — 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 Palmer St an expensive or affordable street relative to Woolloomooloo?
There are insufficient recent house sales on Palmer St to calculate a reliable premium or discount against the Woolloomooloo 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 Palmer St?
There are 3 heritage listings on Palmer St, meaning renovations, extensions, or exterior changes may require additional council approval and reduce renovation flexibility. There are 3 properties recommended for a flood check, which is worth reviewing council mapping, flood reports, and insurance costs before purchasing. There are 0 properties in a flood overlay, 0 in other flood classifications (no flood risk identified or not mapped), 0 in a bushfire zone, and 0 near high-voltage powerlines.
Are properties on Palmer St mostly on high, level or low ground?
There is no house, duplex, or terrace elevation data available for Palmer St, so the site height relative to the street is unknown.
What type of road is Palmer St?
Palmer St is classified as an arterial road with a 50 km/h speed limit. This classification generally means the street carries more through traffic than local residential streets. The dominant road section accounts for 75.9% of the residential properties on Palmer St.
Is Palmer St mostly houses or apartments?
Palmer St has 145 residential properties, with 97.9% being apartments and 2.1% being houses. This indicates the street is predominantly an apartment street.
What are the major apartment developments on Palmer St?
The major apartment developments on Palmer St include 27 Palmer St with 64 lots across 5 levels built in 2001, 113 Palmer St with 32 lots across 10 levels built in 1984, and 100 Palmer St with 15 lots across 5 levels. These developments contribute to the street's higher-density residential character.
How many properties have sold on Palmer St?
Two apartments sold on Palmer St in the past 12 months, while no houses sold. The 5-year turnover rate for apartments is 16.2%, meaning 16.2% of the apartment stock changed ownership during the past five years. No turnover data is available for houses.
Is Palmer St a good street to buy property on?
Palmer St is primarily suited for apartment buyers, as 97.9% of the residential stock consists of units. Buyers comfortable with an arterial road environment and a 50 km/h speed limit will find the street aligned with their preferences. The presence of 3 heritage listings may appeal to buyers interested in character properties, though this limits renovation flexibility.
36 Nearby Streets in Woolloomooloo, NSW 2011