Park Ave, Waitara NSW 2077

House prices on Park Ave sit 66.55% below the Waitara suburb house median, as indicated by the 0.3345 ratio. This metric applies to houses only and does not reflect apartment pricing. There have been insufficient recent house sales on this street to calculate a reliable premium or discount against the suburb average. Buyers should compare recent sales of individual homes on the street against nearby comparable properties to gauge current market positioning.

There are no bushfire, heritage, or high-voltage overlays on Park Ave. Flood mapping shows 12 properties are recommended for a flood check, while 14 fall under other flood classifications indicating no flood risk identified or not mapped. A flood check recommendation means further assessment is advised to review council mapping, flood reports, and insurance costs before purchasing. A flood overlay or recommended flood check does not necessarily mean a property floods.

6 homes sit above the street; 9 homes sit level with the street. The site height relative to the street can influence site characteristics, but specific outcomes like views or drainage depend on the individual property. Buyers should assess the specific property rather than relying on the street average.

Park Ave is a local road. Local roads generally serve nearby residents and connect local streets with larger roads. Information regarding the specific speed limit and the share of stock fronting this dominant road section is unavailable.

Park Ave has 535 residential properties. Apartments make up 95.1% of the residential stock, while houses account for 4.9%. The street is predominantly apartments.

The major apartment developments on Park Ave include 16 Park Ave with 90 lots across 4 levels built in 2017, 4 Park Ave with 73 lots across 6 levels built in 2016, and 42 Park Ave with 51 lots across 6 levels built in 2016. These developments contribute to the street's higher-density residential character.

17 apartments sold in the past 12 months, while no houses sold in that period. The 5-year turnover rate is 53.8% for houses and 35.8% for apartments. Turnover measures the proportion of properties that changed ownership during the past five years.

Park Ave is best suited for apartment buyers seeking a local-road residential street. The street is overwhelmingly dominated by apartment stock, which accounts for 95.1% of the residential properties. While the street has a below-suburb median price for houses, this is driven by the overwhelming apartment stock rather than house values. Buyers looking for detached houses should look elsewhere, as houses represent only 4.9% of the street's residential mix.