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South Ave, Leichhardt NSW 2040

Street

Street Summary

South Ave, Leichhardt NSW 2040, is a local road where 53 homes sit level with the street. The street is dominated by houses, with 54 heritage-listed properties, 4 in a flood overlay, and 25 recommended for a flood check. House prices sit at 94% of the suburb median. Three houses sold in the past year, with a 22.2% turnover over five years.


PART 1
Street Profile

Property Type Mix

The mix of houses and apartments (units) that make up the South Ave, Leichhardt NSW 2040 property market.

Houses vs Apartments54 total lots
100%
Houses (100%)
Apartments (0%)
Townhouses/Villas/Unclassified (0%)

PART 2
Houses

"Houses" in this report includes detached houses, duplexes, and terraces.

Land Topography

How house lots on South Ave, Leichhardt NSW 2040 sit relative to street level — topography that affects drainage, flood risk, privacy, and build cost. Statistics are calculated from properties with available data.

High-side vs low-side house lots
Flat
53 lots
High-side (1m above)
Flat
Low-side (1m below)

Risks &Overlays

See which key planning overlays and environmental risks affect this street before you buy.

Heritage
54 houses affected
Bushfire
0 houses affected
Flood
4 houses affected
High voltage power line
0 houses affected

Street Sales - Houses

Actual house sales on South Ave, Leichhardt NSW 2040 over the past 5 years, plotted against the Leichhardt NSW 2040 median house price trend over the same period.

Street sales vs suburb median
Street SalesSuburb Median Price
$0$1.3M$2.5M$3.8M$5.0MSept 21May 23Jan 25Sept 26$1.8M · 2022$1.9M · 2023$2M · 2024$2.2M · 2025$2.2M · 2026$2.2M · 2024-10-09 · 24 SOUTH AVE, LEICHHARDT NSW 2040$1.8M · 2022-04-02 · 1 SOUTH AVE, LEICHHARDT NSW 2040$2.6M · 2023-09-15 · 14 SOUTH AVE, LEICHHARDT NSW 2040$2.5M · 2025-02-06 · 17 SOUTH AVE, LEICHHARDT NSW 2040$1.7M · 2025-08-08 · 18 SOUTH AVE, LEICHHARDT NSW 2040$1.7M · 2026-06-12 · 2 SOUTH AVE, LEICHHARDT NSW 2040$2.4M · 2025-09-18 · 51 SOUTH AVE, LEICHHARDT NSW 2040$1.7M · 2024-09-24 · 31 SOUTH AVE, LEICHHARDT NSW 2040$1.7M · 2021-10-10 · 43 SOUTH AVE, LEICHHARDT NSW 2040$1.5M · 2023-02-01 · 47 SOUTH AVE, LEICHHARDT NSW 2040$1.7M · 2024-10-03 · 47 SOUTH AVE, LEICHHARDT NSW 2040$2.2M · 2023-07-22 · 55 SOUTH AVE, LEICHHARDT NSW 2040$2.3M · 2025-08-08 · 57 SOUTH AVE, LEICHHARDT NSW 2040
Street price-6%vs suburb median
Turnover rate22.2%Past 5 years

PART 3
Apartments

Street Sales - Apartments

Actual apartment (unit) sales on South Ave, Leichhardt NSW 2040 over the past 5 years, plotted against the Leichhardt NSW 2040 median apartment price trend over the same period.

Street sales vs suburb median
Suburb Median Price
$0$250k$500k$750k$1.0MSept 21May 23Jan 25Sept 26$900k · 2022$875k · 2023$920k · 2024$916k · 2025$870k · 2026
Apartment sales0Past 12 months
Turnover rate0%Past 5 years

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Living in South Ave, Leichhardt NSW 2040 : Street Profile & FAQs

Common questions about living on and buying property on South Ave, Leichhardt NSW 2040 — 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 South Ave an expensive or affordable street relative to Leichhardt?

House prices on South Ave sit 5.54% below the Leichhardt suburb house median, making it a relatively affordable option within the local market. This pricing position reflects the street's specific characteristics and location within the suburb. Buyers should note that this comparison applies strictly to houses, as apartment pricing dynamics may differ. It offers a cost-effective entry point for those seeking a house in the area.

What are the risk and overlay factors on South Ave?

There are 54 heritage-listed properties on the street, which means renovations or exterior changes may require additional council approval. Four properties fall within a flood overlay, and 25 are recommended for a flood check, so buyers should review council mapping and insurance costs. Another 25 properties have no flood risk identified or are not mapped. There are no bushfire or high-voltage powerline overlays affecting the street.

Are properties on South Ave mostly on high, level or low ground?

53 homes sit level with the street. The site height data indicates that the properties are uniformly flat relative to the road, with no homes sitting above or below the street level. This consistent profile means site characteristics are likely similar across the street, though individual properties should still be assessed for specific drainage or access needs.

What type of road is South Ave?

South Ave is a local road, which generally serves nearby residents and provides access to properties without carrying significant through traffic. This classification typically suggests a quieter environment compared to collector or arterial roads. While specific speed limits and traffic volumes are not recorded, the local road status supports a residential character focused on local access.

Is South Ave mostly houses or apartments?

South Ave is entirely comprised of houses, with 100% of the 54 residential properties being houses, duplexes, or terraces. There are no apartments on the street. This makes it a dedicated low-density residential street, offering a consistent housing type for buyers who prefer detached homes or terraces over higher-density living.

What are the major apartment developments on South Ave?

There are no major apartment developments recorded on South Ave. The street consists entirely of houses, duplexes, and terraces, so there are no large-scale apartment complexes contributing to the residential character. Buyers looking for apartment living in this specific street will not find any options.

How many properties have sold on South Ave?

Three houses sold on the street in the past 12 months, while no apartments were sold. The 5-year turnover rate for houses is 22.2%, meaning roughly one-fifth of the homes changed ownership during that period. This turnover rate reflects the proportion of properties that changed hands over the last five years.

Is South Ave a good street to buy property on?

South Ave is well-suited for buyers seeking a house in a quiet, local-road environment with a consistent, flat site profile. The heritage overlays may appeal to those interested in character homes, though they require careful consideration of renovation restrictions. The street's below-median pricing offers a cost-effective entry point, but buyers must weigh the heritage constraints and flood considerations against their personal preferences.