Penkivil St, Willoughby NSW 2068

House prices on Penkivil St sit 3.47% below the Willoughby suburb house median. This indicates that recent house sales on the street have been slightly lower than the average for the suburb. Buyers should note that this metric applies specifically to houses and does not reflect apartment pricing. To gauge current market positioning accurately, compare recent sales of individual homes on the street against nearby comparable properties.

There are 0 properties in a bushfire zone and 0 near high-voltage powerlines. 4 homes are heritage-listed, which may restrict exterior changes. 0 properties fall within a flood overlay, while 32 are recommended for a flood check and 6 have no flood risk identified or are not mapped. Buyers should review council mapping and insurance implications for any property with a flood check recommendation, as this does not guarantee flooding but warrants further assessment.

9 homes sit above the street; 20 homes sit level with the street; 7 homes sit below the street. The street has a mixed profile of site heights relative to the road. Different site heights can influence specific site characteristics, but these vary significantly between individual properties. Buyers should assess the specific property’s topography and drainage rather than relying on the street average to determine suitability for their needs.

Penkivil St is a local road. This classification generally means the street serves nearby residents rather than carrying significant through traffic. Local roads typically have lower speed limits and are designed for residential access. While specific speed limit data is not provided, the local road status suggests a quieter environment compared to collector or arterial roads, though individual noise levels can vary based on specific site conditions and nearby activity.

Penkivil St has 124 residential properties. The street is predominantly apartments, with 69.4% of the stock being apartments and 30.6% being houses. This mix indicates a higher-density residential character compared to streets with a higher house share. Buyers should consider how this apartment-heavy composition aligns with their preference for dwelling type and community feel, as the street offers a substantial number of apartment options alongside a smaller number of houses.

Major apartment developments on Penkivil St include 17 Penkivil St with 25 lots over 4 levels built in 1972, 1 Penkivil St with 21 lots over 3 levels built in 1996, and 1A Penkivil St with 12 lots over 6 levels built in 1991. These projects contribute to the street’s apartment presence and higher-density residential character. Buyers interested in specific building amenities or management should investigate each development individually, as characteristics vary between these different eras and designs.

In the past 12 months, 1 house and 2 apartments sold on Penkivil St. The 5-year turnover rate is 23.7% for houses and 24.4% for apartments. Turnover represents the proportion of properties that changed ownership during the past five years. These figures provide a baseline for market activity, but without comparative benchmark data, they do not indicate whether the market is active or slow. Buyers should consider these rates alongside current listings and recent sale prices.

Penkivil St suits buyers seeking apartment living in Willoughby, given its 69.4% apartment share and established developments. House buyers may find fewer options, with only 30.6% of stock being houses. The street is a local road, offering a residential setting. Heritage listings on 4 homes may limit renovation flexibility for those properties. With 32 homes recommended for flood checks, buyers should verify specific site conditions. The street offers a mix of site heights, so individual property assessment is crucial for suitability.