Grassmere Ave, South Penrith NSW 2750
Grassmere Ave, South Penrith NSW 2750 is a local road where 32 homes sit level with the street. 22 homes are recommended for a flood check and 13 have an other flood classification. The street is entirely house stock with 2 houses sold in the past 12 months and a 14.3% turnover rate over 5 years. 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.
The mix of houses and apartments (units) that make up the Grassmere Ave, South Penrith NSW 2750 property market.
"Houses" in this report includes detached houses, duplexes, and terraces.
How house lots on Grassmere Ave, South Penrith NSW 2750 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 Grassmere Ave, South Penrith NSW 2750 over the past 5 years, plotted against the South Penrith NSW 2750 median house price trend over the same period.
1 popular houses on Grassmere Ave, South Penrith NSW 2750
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Common questions about living on and buying property on Grassmere Ave, South 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 Grassmere Ave an expensive or affordable street relative to South Penrith?
There are insufficient recent house sales on Grassmere Ave to calculate a reliable premium or discount against the South 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 Grassmere Ave?
There are no bushfire, heritage, or flood overlay classifications on the street, and no high-voltage powerlines are nearby. However, flood checks are recommended for 22 properties, while 13 have been reviewed and found to have no flood risk identified or not mapped. A recommended flood check means further assessment is advised, so buyers should review council mapping, flood reports, and insurance costs before purchasing.
Are properties on Grassmere Ave mostly on high, level or low ground?
32 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 Grassmere Ave?
Grassmere Ave is a local road. Local roads generally serve nearby residents and connect to larger collector or arterial roads, rather than carrying significant through traffic.
Is Grassmere Ave mostly houses or apartments?
There are 35 residential properties on the street, and 100% are houses. This means the street is entirely comprised of detached homes, duplexes, and terraces, with no apartments present.
What are the major apartment developments on Grassmere Ave?
No major apartment developments are recorded on Grassmere Ave, which aligns with the street being entirely comprised of houses.
How many properties have sold on Grassmere Ave?
2 houses have sold in the past 12 months, while no apartments have sold. The 5-year turnover rate for houses is 14.3%, meaning 14.3% of the house stock changed ownership during the past five years. Turnover data for apartments is unavailable.
Is Grassmere Ave a good street to buy property on?
Grassmere Ave is a local road entirely comprised of houses, with no apartments or major developments. It is best suited for buyers seeking detached homes in a quiet residential setting. Buyers should note that flood checks are recommended for 22 properties, and there are insufficient recent sales to benchmark pricing against the South Penrith median.
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