Parraweena Rd, Miranda NSW 2228
Parraweena Rd in Miranda NSW 2228 is a collector road with a 50km/h limit, where 89.2% of homes front the main section. The street sits slightly above the suburb's house median. Of the 148 residential properties, 77.7% are houses and 0% are apartments. Elevation varies, with 6 homes sitting above the street and 90 sitting level with it. Risk overlays include 30 homes in a flood overlay zone and 15 recommended for a flood check. In the trailing 12 months, 6 houses sold, reflecting a 5-year house turnover rate of 21.7%.
The mix of houses and apartments (units) that make up the Parraweena Rd, Miranda NSW 2228 property market.
The road classification and posted speed limit along Parraweena Rd, Miranda NSW 2228. 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.
How house lots on Parraweena Rd, Miranda NSW 2228 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 Parraweena Rd, Miranda NSW 2228 over the past 5 years, plotted against the Miranda NSW 2228 median house price trend over the same period.
6 popular houses on Parraweena Rd, Miranda NSW 2228
Actual apartment (unit) sales on Parraweena Rd, Miranda NSW 2228 over the past 5 years, plotted against the Miranda NSW 2228 median apartment price trend over the same period.
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Common questions about living on and buying property on Parraweena Rd, Miranda NSW 2228 — 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 Parraweena Rd an expensive or affordable street relative to Miranda?
House prices on Parraweena Rd sit 1.78% above the Miranda suburb house median. This indicates that recent house sales on the street have been slightly higher than the average house price in the wider suburb. This metric applies specifically to houses and does not reflect apartment pricing, which is not currently represented on the street. Buyers should view this as a modest premium relative to the local market average.
What are the risk and overlay factors on Parraweena Rd?
There are 0 properties in a bushfire zone and 0 heritage items on Parraweena Rd. Regarding flood risk, 30 properties fall within a flood overlay, 15 are recommended for a flood check, and 70 have no flood risk identified or are not mapped. There are 0 properties near high-voltage powerlines. Buyers should review council flood maps and insurance implications for properties within the overlay or check zones before purchasing.
Are properties on Parraweena Rd mostly on high, level or low ground?
6 homes sit above the street; 90 homes sit level with the street. The street has a predominantly level profile relative to the road centreline. Site height can influence drainage and access, but specific outcomes vary by property. Buyers should inspect the individual site to understand how its height relative to the street affects their specific circumstances, rather than relying on the street average.
What type of road is Parraweena Rd?
Parraweena Rd is classified as a collector road with a 50 km/h speed limit. Collector roads generally connect local streets to larger arterial roads, facilitating traffic flow between residential areas and main thoroughfares. 89.2% of the residential properties on the street front this dominant road section. Buyers should consider the traffic volume typical of collector roads when assessing noise and access.
Is Parraweena Rd mostly houses or apartments?
Parraweena Rd has 148 residential properties, predominantly houses. 77.7% of the stock consists of houses, while 0% are apartments. The remaining 22.3% comprises other residential types not classified as standard houses or apartments. This mix indicates a street primarily composed of house-style dwellings, with no significant apartment presence recorded in the current data.
What are the major apartment developments on Parraweena Rd?
No major apartment developments are recorded on Parraweena Rd. The street’s residential stock is primarily composed of houses, with no significant apartment projects identified in the available data. This absence of large-scale apartment developments contributes to the street’s character as a predominantly house-based residential area rather than a high-density mixed-use zone.
How many properties have sold on Parraweena Rd?
6 houses sold in the past 12 months, while 0 apartments sold. The 5-year turnover rate for houses is 21.7%, representing the proportion of house stock that changed ownership over the last five years. Apartment turnover data is unavailable. Turnover measures the frequency of ownership changes, providing a baseline for market activity without indicating whether the market is strong or weak.
Is Parraweena Rd a good street to buy property on?
Parraweena Rd suits buyers seeking house-style dwellings on a collector road. With 77.7% of stock being houses and no apartment developments, it offers a traditional residential feel. The 1.78% premium over the suburb median suggests slightly higher house prices than the Miranda average. Buyers should weigh the 50 km/h collector road traffic and flood overlay considerations against the predominantly level site profiles and lack of apartment competition.
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