Marcel Ave, Randwick NSW 2031

There are insufficient recent house sales on Marcel Ave to calculate a reliable premium or discount against the Randwick average. Buyers should compare recent sales of individual homes on the street against nearby comparable properties to gauge current market positioning.

There are 8 heritage-listed properties on the street, meaning renovations or exterior changes may require additional council approval. Ten properties are recommended for a flood check, which is worth reviewing for insurance and historical records, while 5 properties have been reviewed and found to have no flood risk identified or not mapped. There are no bushfire overlays or high-voltage powerline risks on the street.

7 homes sit above the street; 8 homes sit level with the street. The street has a mixed profile of homes above and level with the street, with no homes sitting below the street. Different site heights can influence site characteristics, so buyers should assess the specific property rather than relying on the street average.

Marcel Ave is a local road serving nearby residents. As a local road, it generally connects local streets with larger roads and serves the immediate neighbourhood rather than carrying significant through traffic.

There are 105 residential properties on the street. Apartments make up 72.4% of the stock, while houses account for 14.3%. The street is predominantly apartments.

The major apartment developments on the street include 31 Marcel Ave with 12 lots across 3 levels built in 1979, 6 Marcel Ave with 11 lots across 4 levels built in 1982, and 2 Marcel Ave with 9 lots across 4 levels. These developments contribute to the street's higher-density residential character.

No houses or apartments have sold on the street in the past 12 months. The 5-year turnover rate for houses is 33.3%, and for apartments, it is 14.5%. Turnover measures the proportion of properties that changed ownership during the past five years.

Marcel Ave is a local road with a predominantly apartment presence, making it suitable for apartment buyers. The street also offers detached houses, which may appeal to buyers looking for a local-road residential street. The mix of heritage overlays and varied site heights means buyers should consider renovation flexibility and specific property characteristics when deciding if this street aligns with their needs.