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Wells St, Redfern NSW 2016

Street

Street Summary

Wells St, Redfern NSW 2016 is a local road in Redfern. 29 homes sit level with the street. 34 homes are heritage-listed and 33 are recommended for a flood check. The street has 49% houses and 51% apartments. There are insufficient recent house sales to calculate a reliable comparison against the suburb, so buyers should compare recent sales of individual homes on the street against nearby comparable properties. Notable developments include 124 Redfern St with 21 lots, 33 Wells St with 18 lots, and 38 Wells St with 13 lots.


PART 1
Street Profile

Property Type Mix

The mix of houses and apartments (units) that make up the Wells St, Redfern NSW 2016 property market.

Houses vs Apartments69 total lots
49.3%
50.7%
Houses (49.3%)
Apartments (50.7%)
Townhouses/Villas/Unclassified (0%)

PART 2
Houses

"Houses" in this report includes detached houses, duplexes, and terraces.

Land Topography

How house lots on Wells St, Redfern NSW 2016 sit relative to street level — topography that affects drainage, flood risk, privacy, and build cost. Statistics are calculated from properties with available data.

High-side vs low-side house lots
Flat
29 lots
High-side (1m above)
Flat
Low-side (1m below)

Risks &Overlays

See which key planning overlays and environmental risks affect this street before you buy.

Heritage
34 houses affected
Bushfire
0 houses affected
Flood
0 houses affected
High voltage power line
0 houses affected

Street Sales - Houses

Actual house sales on Wells St, Redfern NSW 2016 over the past 5 years, plotted against the Redfern NSW 2016 median house price trend over the same period.

Street sales vs suburb median
Street SalesSuburb Median Price
$0$1.3M$2.5M$3.8M$5.0MSept 21May 23Jan 25Sept 26$1.6M · 2022$1.8M · 2023$2M · 2024$2.1M · 2025$2.1M · 2026$1.6M · 2023-04-14 · 27 WELLS ST, REDFERN NSW 2016$1.4M · 2022-03-11 · 54 WELLS ST, REDFERN NSW 2016$1.3M · 2023-02-28 · 54 WELLS ST, REDFERN NSW 2016$1.9M · 2026-05-29 · 41 WELLS ST, REDFERN NSW 2016$4M · 2025-10-11 · 58C WELLS ST, REDFERN NSW 2016
Turnover rate14.7%Past 5 years

PART 3
Apartments

Street Sales - Apartments

Actual apartment (unit) sales on Wells St, Redfern NSW 2016 over the past 5 years, plotted against the Redfern NSW 2016 median apartment price trend over the same period.

Street sales vs suburb median
Street SalesSuburb Median Price
$0$500k$1.0M$1.5M$2.0MSept 21May 23Jan 25Sept 26$1M · 2022$1.1M · 2023$1.1M · 2024$1.2M · 2025$985k · 2026$395k · 2022-04-26 · 11/33 WELLS ST, REDFERN NSW 2016$600k · 2022-02-11 · 18/33 WELLS ST, REDFERN NSW 2016$563k · 2024-10-16 · 7/33 WELLS ST, REDFERN NSW 2016$645k · 2023-02-28 · 33 WELLS ST, REDFERN NSW 2016$505k · 2021-12-09 · 12/33 WELLS ST, REDFERN NSW 2016
Apartment sales1Past 12 months
Turnover rate14.3%Past 5 years

Largest Apartment Projects

The largest apartment projects on Wells St, Redfern NSW 2016, ranked by number of lots.

1
124 REDFERN ST, REDFERN NSW 2016Small-Medium project (20-50 lots)
2
33 WELLS ST, REDFERN NSW 2016Small project (<20 lots)
3
38 WELLS ST, REDFERN NSW 2016Small project (<20 lots)

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Living in Wells St, Redfern NSW 2016 : Street Profile & FAQs

Common questions about living on and buying property on Wells St, Redfern NSW 2016 — 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 Wells St an expensive or affordable street relative to Redfern?

There are insufficient recent house sales on Wells St to calculate a reliable premium or discount against the Redfern 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 Wells St?

There are 34 heritage-listed properties on Wells St, meaning renovations or exterior changes may require additional council approval. Flood overlays do not apply, but 33 properties are recommended for a flood check, and 1 property has been reviewed with no flood risk identified or not mapped. There are no bushfire or high-voltage powerline overlays affecting the street.

Are properties on Wells St mostly on high, level or low ground?

29 homes sit level with the street. 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.

What type of road is Wells St?

Wells St is a local road serving nearby residents. There is no available data on the speed limit or the share of stock fronting this dominant road section.

Is Wells St mostly houses or apartments?

There are 69 residential properties on Wells St. Houses make up 49.3% of the stock, while apartments account for 50.7%. The street has a mixed profile of both dwelling types.

What are the major apartment developments on Wells St?

The major apartment developments on Wells St include 124 Redfern St with 21 lots across 4 levels built in 1999, 33 Wells St with 18 lots across 3 levels built in 2003, and 38 Wells St with 13 lots across 3 levels. These developments contribute to the street's apartment presence.

How many properties have sold on Wells St?

1 house and 1 apartment have sold on Wells St in the past 12 months. The 5-year turnover rate is 11.8% for houses and 14.3% for apartments, representing the proportion of properties that changed ownership during the past five years.

Is Wells St a good street to buy property on?

Wells St offers a mix of houses and apartments on a local road. Buyers looking for detached houses should note the heritage overlays and limited recent sales. Apartment buyers have access to several established developments. The street is best suited for those comfortable with a local residential environment and willing to review specific property details.