Magento Pl, Prestons NSW 2170
Magento Place in Prestons NSW 2170 is a local road where 22 homes sit level with the street. The street carries a mix of housing, with 63.9% of the 36 residential properties being houses. Recent house sales on the street price at 1.0441 times the suburb median. In the trailing 12 months, 2 houses sold, while the 5-year house turnover rate is 26.1%. One home is recommended for a flood check, and 12 homes are within 100m of a high-voltage powerline.
The mix of houses and apartments (units) that make up the Magento Pl, Prestons NSW 2170 property market.
"Houses" in this report includes detached houses, duplexes, and terraces.
How house lots on Magento Pl, Prestons NSW 2170 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 Magento Pl, Prestons NSW 2170 over the past 5 years, plotted against the Prestons NSW 2170 median house price trend over the same period.
2 popular houses on Magento Pl, Prestons NSW 2170
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Common questions about living on and buying property on Magento Pl, Prestons NSW 2170 — 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 Magento Pl an expensive or affordable street relative to Prestons?
House prices on Magento Pl sit 4.41% above the Prestons suburb house median. This indicates that recent house sales on the street have achieved a slight premium compared to the broader suburb average. This metric applies specifically to houses and does not reflect apartment pricing, as no apartment sales data is available for this street. Buyers should view this as a relative positioning against the suburb rather than an absolute measure of affordability.
What are the risk and overlay factors on Magento Pl?
There are 0 properties with bushfire or heritage overlays on Magento Pl. For flood risk, 0 properties fall within a flood overlay, 1 is recommended for a flood check, and 22 have no flood risk identified or are not mapped. Additionally, 12 properties are located within 100m of a high-voltage powerline. Buyers should review council mapping and insurance implications for the flood check recommendation and consider the proximity to powerlines when assessing site constraints.
Are properties on Magento Pl mostly on high, level or low ground?
22 homes sit level with the street. There are 0 homes that sit above the street and 0 that sit below the street. This uniformity suggests the street has a relatively flat profile relative to the road alignment. While site height can influence drainage and views, these factors depend on individual property specifics. Buyers should inspect the specific site they are considering rather than relying solely on the street-level average to determine site characteristics.
What type of road is Magento Pl?
Magento Pl is classified as a local road. Local roads generally serve nearby residents and connect to larger collector or arterial roads. This classification typically implies lower through-traffic volumes compared to major thoroughfares, which can contribute to a quieter residential environment. However, specific traffic levels and noise impacts can vary based on local conditions and adjacent land uses, so buyers should visit at different times of day to assess the actual street atmosphere.
Is Magento Pl mostly houses or apartments?
Magento Pl has 36 residential properties in total. The housing mix consists of 63.9% houses and 0% apartments. This indicates the street is predominantly composed of houses, with no apartment stock recorded in the current data. The absence of apartments suggests a more traditional residential character focused on single-family or multi-unit house structures rather than high-density apartment living, which may appeal to buyers seeking a house-based lifestyle.
What are the major apartment developments on Magento Pl?
No major apartment developments are recorded on Magento Pl. The street's residential stock is composed entirely of houses, with no apartment projects identified in the available data. This absence of apartment developments aligns with the street's housing mix, which shows 0% apartment share. Buyers looking for apartment living on this specific street will not find any existing developments to consider, as the residential character is defined by house stock.
How many properties have sold on Magento Pl?
In the past 12 months, 2 houses sold on Magento Pl, while 0 apartments sold. The 5-year turnover rate for houses is 26.1%, representing the proportion of house stock that changed ownership over the last five years. Apartment turnover data is unavailable. This turnover rate provides a baseline for market activity, though it does not indicate whether the market is active or slow without comparative benchmarks. Buyers should consider this historical context alongside current market conditions.
Is Magento Pl a good street to buy property on?
Magento Pl is a local road in Prestons with 36 residential properties, predominantly houses. House prices sit 4.41% above the suburb median, and 22 homes sit level with the street. With 0 apartment developments and a 26.1% 5-year house turnover, the street offers a traditional house-based environment. Buyers seeking a local-road residential setting with a slight price premium over the suburb average may find this street suitable, while those preferring apartment living or higher-density options will not find them here.
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