The Property Brief — what the evidence shows. You draw the conclusion.
Confidence: Low — based on 22 comparable auction sales (6 of this exact configuration) · model runs ±11% for this configuration · confidence held at Low — under 20 same-configuration sales · the model's typical miss is ~11% against published results — every hit and miss
Comparable auction sales
| Address | Config | Sold | When |
|---|---|---|---|
| 215E/81-86 Courallie Av | 2 bd · 2 ba | $630k | Sept 2025 |
| 29/5-7 Exeter Rd | 2 bd · 1 ba | $615k | Mar 2025 |
| J109/81-86 Courallie Av | 2 bd · 2 ba | $575k | Oct 2024 |
| 4/1-3 Hornsey Rd | 2 bd · 2 ba | $676k | Oct 2024 |
| 10/42-50 Hampstead Rd | 2 bd · 2 ba | $680k | Sept 2024 |
| 10/16 Hampstead Rd | 2 bd · 1 ba | $584k | Aug 2024 |
Suburb risk flags
crime index: 54 — around sydney average · trains ~every 5 min at peak
Where every number comes from
- Fair value: AI PropertyEye price model 2026-08-11-v5 — trained on 146,492 published auction sales; configuration-level (suburb × type × beds), not an appraisal of this exact home
- Comps: published Domain auction results for Homebush West — suburb × configuration matches, not hyper-matched to this address
- Risk flags: suburb-level overlays (BOCSAR crime, flood/bushfire intel, aircraft bands, GTFS transit) — NOT a per-parcel assessment
Rent evidence — asking vs transacted, Homebush West · postcode 2140
$680–$780/wk is what 2-bed units in 2140 actually transact for (middle half of 208 bonds lodged, Q2 2026 · median $730/wk — NSW Fair Trading, CC BY).
2019Q1 → 2026Q2: $500 → $720/wk · +3% over the last 12 months (latest four quarters averaged against the previous four) — quarterly new-tenancy medians for units in 2140, 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.
Growth trend — Homebush West units at auction
Not enough Homebush West unit auctions on record to show a trend — this fills in as the archive grows.
Suburb-level, from published auction results. No single building has enough sales for a block-level series, so this is the honest grain; sales-mix shifts move raw medians, and the measured rate (when shown) controls for bed count.
Published auction results at this address
| Auction week | Result | Price | Agency |
|---|---|---|---|
| 1 Aug 2026 | Sold after | $610,500 | FOCUS ESTATE AGENTS - EAST & ST GEORGE |
From Domain's published weekly auction results — individual outcomes as published; withheld prices stay withheld.
Agencies' own published sales nearby — Homebush West, around 2 beds
| Address | Sold | Price | Beds | Agency |
|---|---|---|---|---|
| 2/6 Eastbourne Street | by 16 Aug 2026 | $402,500 | 1 | Laing+Simmons |
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.
Sale history — the official settled-sale record at this address
| Exchanged | Price | Change since prior sale |
|---|---|---|
| 5 June 2025 | $620,000 | — |
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).
Construction risk — what no listing tells you
Building Commission NSW / Strata Community Association 2023 Strata Defects Survey: 53% of newly registered strata buildings reported at least one serious defect in common property (39% in the 2021 survey). Defects are common, not exceptional — and new does not mean safe (Opal Tower was under a year old).
Get an independent structural and strata inspection before you commit — the defect base rate makes it the single highest-value dollar in the purchase.
We cannot see inside a building — no one can from public records. This section states base rates and observable adjacency only, and will never call a building safe.
The building — its registered strata scheme
Strata plan SP77885 registered 2006 — the building is at least 20 years old · 36 lots in the scheme.
Registration is an age floor, not a build date — a converted building is older than its strata plan. Scheme records from the NSW Strata Hub. © State of New South Wales (Spatial Services, a business unit of the Department of Customer Service NSW). For current information go to spatial.nsw.gov.au.
What's changing in Homebush West — recent local signals
2026-07-09 — Childcare invest — 109-113 THE CRESCENT HOMEBUSH WEST 2140 ($3979k) (institutional-signals.json (PAN-645793, OnlineDA))
2025-07-02 — Place of worship invest — 109-113 THE CRESCENT HOMEBUSH WEST 2140 ($314k) (institutional-signals.json (PAN-544807, OnlineDA))
Dated public signals compiled for this suburb — openings, closures, site sales and institutional moves. Facts with sources, not forecasts.
School catchments
Homebush WPS (primary) · Homebush BHS (secondary)
4 primary schools within 2 km · ICSEA ~1060 — 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 Homebush West — addresses near a boundary can differ. Verify the exact address at School Finder. Intake zones cover government schools only.
Want the numbers agents don't volunteer?
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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.