12 Thomas St · Balgowlah NSW 2093

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Currently listed — $3,100,000 ▼ Reduced 4.6% · $150k · 2 days ago

3 bed · 2 bath · 2 car · Townhouse

Asking price cut 4.6% ($150k, from $3,250,000 to $3,100,000) 2 days ago. The vendor has already moved once: negotiate below the NEW asking, not at it.

View the live listing →

Your buyer evidence guide

Understand the home before the offer.

The useful records, what they mean, and the questions they leave open. Start here, then explore the evidence below.

The listing we observed

3 bedrooms · Townhouse

Listing details describe the advertised home. They do not verify its condition or approved use.

Angus White · last observed 23 Oct 2026

Recorded sales at this address

1 recorded sale

A previous sale is a useful reference, but its date and any changes to the home matter. It is not today's value.

Valuation NSW · dates and prices in Sale history below

What deserves a closer look

  • price cut $150k — to $3.1M
  • auction: Withdrawn (Whitehouse Real Estate)
  • asking $3.25M

These are recorded events, not evidence of the seller's motivation.

What we still cannot tell you

  • There is no supported price estimate to show for this home.
  • Public records and an automated estimate cannot establish whether the home is defect-free, what the contract contains, or why the owner is selling.
Questions to take to the inspection

Use these with the agent and your independent advisers. An answer is something to verify, not a fact we have recorded.

  1. Which recent sales are most comparable to this home, and how do their size, condition and position differ?
  2. What repairs, alterations or water issues are documented, and what can an independent inspection verify?

The estimate is a model output. The records are evidence. Your inspection and document checks fill the gaps.

Is the asking price plausible?

This is a comparison with the evidence we hold, not a valuation or a recommended offer.

Suburb risk flags

crime index: 24 — below sydney average · ferries ~every 5 min at peak

Where every number comes from
  • Evidence trail: tracked by our radar from portal listings, web-archive checks and published auction results — each entry dated
  • Risk flags: suburb-level overlays (BOCSAR crime, flood/bushfire intel, aircraft bands, GTFS transit) — NOT a per-parcel assessment

What changed recently?

  • 21 Sept 2026 first tracked by our radar (the portal doesn't publish its list date)
  • 7 Oct 2026 asking $3.25M
  • 10 Oct 2026 auction: Withdrawn (Whitehouse Real Estate)
  • 21 Oct 2026 price cut $150k — to $3.1M
  • 24 Oct 2026 on market 32+ days — first tracked by us, a lower bound

What to inspect before you offer

  • Condition, aspect, renovation and the contract — these can materially change price, and the estimate cannot see them.

These are due-diligence prompts, not a verdict on this property.

Days on market — this campaign

32 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, Balgowlah · postcode 2093

$1238–$1670/wk is what 3-bed townhouses in 2093 actually transact for (middle half of 24 bonds lodged, last 12 mo · median $1400/wk — NSW Fair Trading, CC BY).


2019Q1 → 2026Q2: $912 → $1340/wk · +1% over the last 12 months (latest four quarters averaged against the previous four) — quarterly new-tenancy medians for townhouses in 2093, 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.

Published auction results at this address

Auction weekResultPriceAgency
10 Oct 2026WithdrawnwithheldWhitehouse Real Estate

From Domain's published weekly auction results — individual outcomes as published; withheld prices stay withheld.

Agencies' own published sales nearby — Balgowlah, around 3 beds

AddressSoldPriceBedsAgency
19 Hill Street17 Aug 2026$2,830,0003Cunninghams
102 Condamine Street30 July 2026$4,000,0004Cunninghams
1/20 Kitchener Street14 July 2026$2,370,0003Cunninghams
12/10 Bentley Street7 July 2026$1,360,0002Cunninghams
2/22 Waratah Street28 Apr 2026$2,120,0002Cunninghams

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 2 listings above are on the market now: same townhouse category, within 1 bedroom of 3, asking within 20% of this one, in Balgowlah 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.

↩ Withdrawn from auction — what happens next

Withdrawn from auction isn't the end of a sale — of withdrawn Sydney homes that went on to sell, half sold within 66 days.

62% sold within three months of the scheduled auction.

1,547 withdrawn-then-sold homes across Sydney. We don't publish a price figure for withdrawn homes: the measured gap is too unstable to stand behind, and a number we can't defend is worse than none. Based on withdrawn homes that later sold. Homes that never sold aren't in the figure — withdrawal sometimes means a private deal was already done, and sometimes means the listing simply ended.

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

ExchangedPriceChange since prior sale
20 Nov 2014 $1,500,000 —

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).

Want the numbers agents don't volunteer?

Check any Sydney suburb free — Market Mint market-conditions readout, live median, clearance trend and the price model — at aipropertyeye.com. No sign-up for the suburb check; the full board is 7 days free.

Data from published auction results (Domain) and live portal listings. Estimates are never valuations or financial advice. Own this home and want a result corrected? hello@aipropertyeye.com.