Watson St, Neutral Bay NSW 2089

There are insufficient recent house sales on Watson St to calculate a reliable premium or discount against the Neutral Bay 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, flood overlay, or high-voltage powerline overlays affecting properties on Watson St. Flood checks are not recommended for any homes on the street. Five properties fall under other flood classifications, meaning no flood risk has been identified or the property has not been mapped for flood. This does not indicate a flood risk, but buyers should still review council mapping and insurance costs before purchasing.

5 homes sit level with the street. The remaining residential stock on the street consists of apartments, which are not included in the site-height data for houses, duplexes, and terraces. Different site heights relative to the street can influence site characteristics, so buyers should assess the specific property rather than relying on the street average.

Watson St is classified as a collector road with a 50 km/h speed limit. Collector roads generally connect local streets with larger roads, and 100% of the non-commercial residential properties on the street front this dominant road section. Buyers should expect a moderate level of through traffic, though actual congestion or noise levels will depend on specific property positioning.

Watson St has 148 residential properties, and the street is predominantly apartments. Apartments make up 96.6% of the residential stock, while houses, duplexes, and terraces account for just 3.4%. This mix means the street is characterised by higher-density living rather than detached housing.

The major apartment developments on Watson St include 1 Watson St, a 15-level building with 45 lots built in 1973. 4 Watson St is a 6-level building containing 40 lots, built in 1993. 11 Watson St is a 10-level building with 39 lots, built in 1971. These developments contribute to the street's higher-density residential character.

5 apartments sold on Watson St in the past 12 months, while no houses were sold in that period. The 5-year turnover rate for apartments is 15.4%, meaning 15.4% of apartment properties changed ownership during the past five years. Turnover data for houses is unavailable.

Watson St is best suited for buyers seeking higher-density living on a collector road. The street is predominantly apartments, with three major developments providing the bulk of the housing stock. It is not ideal for buyers looking for detached houses, as only a handful exist. Those comfortable with a 50 km/h speed limit and moderate through traffic will find the street functional for accessing larger road networks.