Minneapolis Cres, Maroubra NSW 2035

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

There are no bushfire, heritage, or flood overlay classifications on Minneapolis Cres, and no high-voltage powerlines are nearby. However, 29 properties are recommended for a flood check, meaning further assessment is advised. The remaining 0 properties fall under other flood classifications, indicating no flood risk identified or not mapped. A flood check recommendation does not necessarily mean a property floods, but it is worth reviewing council mapping, flood reports and insurance costs before purchasing.

There is no house/duplex/terrace home with known site-vs-street height data on Minneapolis Cres, so elevation information is unavailable. Buyers should assess the specific property rather than relying on the street average, as different site heights relative to the street can influence site characteristics.

Minneapolis Cres is a local road, which generally serves nearby residents. Speed limit and dominant road percentage data are unavailable, so the street is characterised primarily as a local residential road.

There are 209 residential properties on Minneapolis Cres. Houses make up 13.9% of the stock, while apartments account for 22.5%. The remaining properties are not classified as houses or apartments in the available data, meaning the street has a mixed profile without a single dominant dwelling type.

There are three major apartment developments on Minneapolis Cres. The first is at 60 Minneapolis Cres, featuring 8 lots across 2 levels, built in 2006. The second is at 27 Minneapolis Cres, with 5 lots across 2 levels, built in 1999. The third is at 65 Minneapolis Cres, comprising 4 lots across 2 levels, built in 2000. These developments contribute to the street's apartment presence or higher-density residential character.

Zero houses sold on Minneapolis Cres in the past 12 months, while 1 apartment sold. The 5-year turnover rate for houses is 13.8%, and for apartments, it is 17%. Turnover measures the proportion of properties that changed ownership during the past five years.

Minneapolis Cres may be more aligned with buyers looking for apartments, given that 1 apartment sold in the past 12 months and the 5-year turnover rate is 17%. Buyers comfortable with a local-road residential street may also find it suitable. The street has a mixed profile of housing types, with 209 residential properties in total. Buyers should consider the specific property characteristics and trade-offs established in the earlier answers.