Avoca St, Randwick NSW 2031

House prices on Avoca St sit 5.9% below the Randwick suburb house median, reflecting a 0.941 ratio to the suburb average. This indicates that detached homes on the street are generally priced at a discount compared to the broader Randwick market. Buyers should compare recent sales of individual homes on the street against nearby comparable properties to gauge current market positioning.

There are 74 heritage-listed properties on Avoca St, meaning renovations or exterior changes may require additional council approval. Eight homes fall within a flood overlay, 125 are recommended for a flood check, and 16 fall under other flood classifications where no flood risk is identified or the property is not mapped. There are no bushfire or high-voltage powerline overlays on the street.

6 homes sit above the street; 96 homes sit level with the street; 9 homes sit below the street. The street features a mixed profile of homes above, level with, and below the street. Different site heights can influence site characteristics, so buyers should assess the specific property rather than relying on the street average.

Avoca St is classified as an arterial road with a 50km/h speed limit, and 71.8% of the residential stock fronts this dominant road section. Arterial roads generally carry more through traffic and connect local streets with larger roads. Buyers should consider the potential for higher traffic volumes and noise associated with this road classification.

Avoca St has 840 residential properties, with 78.3% being apartments and 17.7% being houses. The street is predominantly apartments, reflecting a higher-density residential character. Buyers looking for detached homes will find a smaller selection, while those seeking apartments will find a much larger stock to choose from.

The street features three major apartment developments: 71 Avoca St (49 lots, 4 levels, built 1971), 42 Avoca St (48 lots, 4 levels, built 1967), and 54 Avoca St (48 lots, 4 levels, built 1968). These developments contribute significantly to the street's apartment presence and higher-density residential character.

5 houses and 28 apartments have sold in the past 12 months. The 5-year turnover rate is 14.8% for houses and 16.9% for apartments. Turnover measures the proportion of properties that changed ownership during the past five years, providing a snapshot of recent market activity for each property type.

Avoca St aligns with buyers seeking apartments on an arterial road, as 78.3% of the stock is apartment-based. It suits those comfortable with a 50km/h speed limit and potential through traffic. The 5.9% house price discount relative to the suburb median may appeal to budget-conscious buyers, while the 74 heritage listings require careful consideration of renovation restrictions.