Union Lane, Penrith NSW 2750
Union Lane, Penrith NSW 2750 is a local road where all 15 residential properties are apartments. With no houses on the street, 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. Apartment turnover over the past five years is 20%, with no apartment sales recorded in the trailing 12 months.
The mix of houses and apartments (units) that make up the Union Lane, Penrith NSW 2750 property market.
"Houses" in this report includes detached houses, duplexes, and terraces.
Actual house sales on Union Lane, Penrith NSW 2750 over the past 5 years, plotted against the Penrith NSW 2750 median house price trend over the same period.
Actual apartment (unit) sales on Union Lane, Penrith NSW 2750 over the past 5 years, plotted against the Penrith NSW 2750 median apartment price trend over the same period.
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Common questions about living on and buying property on Union Lane, Penrith NSW 2750 — 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 Union Lane an expensive or affordable street relative to Penrith?
There are insufficient recent house sales on Union Lane to calculate a reliable premium or discount against the Penrith 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 Union Lane?
There are no recorded bushfire, heritage, or high-voltage overlays on Union Lane. Flood data is unavailable for the street, so buyers should check council mapping and insurance costs before purchasing to understand any potential flood considerations.
Are properties on Union Lane mostly on high, level or low ground?
There is no house, duplex, or terrace elevation data available for Union Lane. Buyers should assess the specific property site characteristics directly rather than relying on street averages.
What type of road is Union Lane?
Union Lane is a local road serving nearby residents. Speed limit and traffic volume data are unavailable, so buyers should visit the street at different times to understand the actual environment.
Is Union Lane mostly houses or apartments?
Union Lane has 15 residential properties, all of which are apartments. There are no houses, duplexes, or terraces on the street.
What are the major apartment developments on Union Lane?
No major apartment developments are recorded on Union Lane. The street consists of individual apartment buildings rather than large-scale complexes.
How many properties have sold on Union Lane?
No houses or apartments have sold on Union Lane in the past 12 months. The 5-year turnover rate for apartments is 20%, indicating that 20% of the apartment stock changed ownership during the past five years.
Is Union Lane a good street to buy property on?
Union Lane is suited for apartment buyers seeking a local residential street. The lack of recent sales and turnover data means buyers should carefully evaluate individual property conditions and compare them against nearby sales to determine value.
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