10 Red Lion Street · Rozelle NSW 2039

Currently listed — $1,650,000 ▼ Reduced 2.9% · $50k · 6 days ago

2 bed · 1 bath · 0 car · House

Asking price cut 2.9% ($50k, from $1,700,000 to $1,650,000) 6 days ago. The vendor has already moved once: negotiate below the NEW asking, not at it.

View the live listing →

⏱ Days on market — this campaign

13 days since our daily sweep first saw this listing.

The portal's own campaign may have started slightly earlier than our first sighting. Longer campaigns tend to mean more negotiating room — the board's "Longest listed" sort exists for exactly that reason.

Rent evidence — asking vs transacted, Rozelle · postcode 2039

$750–$1150/wk is what 2-bed houses in 2039 actually transact for (middle half of 16 bonds lodged, Q2 2026 · median $945/wk — NSW Fair Trading, CC BY).

2019Q1 → 2026Q2: $835 → $1150/wk · +9% over the last 12 months (latest four quarters averaged against the previous four) — quarterly new-tenancy medians for houses in 2039, all bedroom counts pooled.

Asking rents are what agents hope for; bond figures are what tenants actually signed at (NSW Fair Trading bond lodgements, CC BY). No yield % is derived here: each rent above is a different grain from this home's price, and a ratio of two grains reads as precision it doesn't have. New-tenancy rents run hotter than sitting rents. Not financial advice.

Development potential — how Inner West Council treats the work you might do

Refuses 7.24% of the development applications it decides · off-street parking 10.98% (determinations to Nov 2023).

The full outlook — every category with confidence ranges, which plan elements come unstuck, and the heritage effect by category — is under Explore the area.

Agencies' own published sales nearby — Rozelle, around 2 beds

Prices as published on the selling agency's own website (their sold pages) — includes private-treaty sales the auction results never see. Only sales the agency chose to publish a figure for appear here.

Similar properties — on the market now

The 6 listings above are on the market now: same house category, within 1 bedroom of 2, asking within 20% of this one, in Rozelle or a suburb whose centre is within 3 km — ordered by how close the asking price is. That is the whole rule: a filter, not a recommendation, and nothing here judges which home is better.

Sale history — the official settled-sale record at this address

Settled-sale records from the NSW Valuer General's Property Sales Information. Dates are contract (exchange) dates; sales appear only once lodged, so the most recent months are incomplete and revise upward — never read the latest month as final. Two entries on one date are usually a single transaction recorded across parts. © State of New South Wales (Valuation NSW).

Planning & zoning — R1 General Residential

A mix of housing types — houses through to apartments — permitted.

Zone R1 (General Residential) under the INNER WEST LEP, from the NSW ePlanning layers at this address's geocoded point — a guide, not a parcel-level legal check. Confirm the exact lot at the NSW Planning Portal.

Development outlook — how often Inner West Council has refused this kind of work

Across all application types Inner West Council refused 7.24% (6.3–8.31%) of the 2,555 development applications it decided.

Where these applications come unstuck

The refusal rate above says how strict the council is. This says which part of a plan is exposed — measured across all 192,284 NSW development applications, not just this council. Each is an association: plenty of applications carrying these elements are approved, and nothing here is a verdict on a proposal you haven't made yet.

• Alterations & additions — a new vehicle crossing cut into the front boundary (refused 7.27% vs 2.59% for this kind of work generally — 2.8×, on 220 applications); excavation or a new lower level (refused 6.71% vs 2.54% for this kind of work generally — 2.64×, on 611 applications)
• Off-street parking — a new vehicle crossing cut into the front boundary (refused 8.45% vs 2.42% for this kind of work generally — 3.49×, on 284 applications)
• Pool, deck or fence — excavation or a new lower level (refused 6.22% vs 1.61% for this kind of work generally — 3.88×, on 659 applications); full demolition and rebuild (refused 4.97% vs 1.6% for this kind of work generally — 3.12×, on 965 applications)
• Knock down & rebuild — excavation or a new lower level (refused 25.78% vs 9.36% for this kind of work generally — 2.75×, on 256 applications); full demolition and rebuild (refused 19.91% vs 10.46% for this kind of work generally — 1.9×, on 221 applications)

Determinations lodged on the NSW Planning Portal up to Nov 2023 — the published dataset stops there, so this is a record of how the council has behaved, not a forecast and not a statement about any particular application. Rates cover development applications only; modifications and reviews of an earlier decision are excluded. A rate is shown only where at least 30 applications were decided — below that the counts are given instead, because a percentage from a handful of decisions is not a fact about a council. "Approved with conditions" is a consent, not a refusal, and is never counted as one.

School catchments

Rozelle PS (primary) · SSC Balmain (secondary)

5 primary schools within 2 km · ICSEA ~1114 — the socio-educational advantage of the school community (My School, national average ~1000): a demographic measure, never a results or quality score.

Suburb-centre approximation for Rozelle — addresses near a boundary can differ. Verify the exact address at School Finder. Intake zones cover government schools only.