17/480 King St · Newtown NSW 2042

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Currently listed

3 bed · 2 bath · 1 car · ApartmentUnitFlat

View the live listing →

The Property Brief — what the evidence shows. You draw the conclusion.

CONSERVATIVE
$1.71M
the calibrated floor
LIKELY FAIR RANGE
$1.71M–$2.17M
around $1.93M mid
STRETCH CAP
$2.17M
$2.5M on the wider 80% band

Confidence: Low — based on 151 comparable auction sales (8 of this exact configuration) · model runs ±12% 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

What we've tracked

  • 1 July 2026 listed by the agency (portal date)
  • 25 July 2026 auction: Postponed (Ray White Erskineville | Alexandria | Glebe | Surry Hills)
  • 8 Aug 2026 auction: Withdrawn (Ray White Erskineville | Alexandria | Glebe | Surry Hills)
  • 29 Aug 2026 on market 59 days — portal listing date

Suburb risk flags

crime index: 87 — well above sydney average · 1 min walk to Newtown · ~8 min train to the CBD · trains ~every 4 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
  • 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

⏱ Days on market — this campaign

59 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, Newtown · postcode 2042

$950–$1188/wk is what 3-bed units in 2042 actually transact for (middle half of 38 bonds lodged, last 12 mo · median $1010/wk — NSW Fair Trading, CC BY).


2019Q1 → 2026Q2: $475 → $680/wk · +6% over the last 12 months (latest four quarters averaged against the previous four) — quarterly new-tenancy medians for units in 2042, 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 — Newtown units at auction

Measured like-for-like growth ≈ -3.1%/yr — 1-bed sold-price medians across 15 quarters (51 sales).

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 weekResultPriceAgency
8 Aug 2026WithdrawnwithheldRay White Erskineville | Alexandria | Glebe | Surry Hills
25 July 2026PostponedwithheldRay White Erskineville | Alexandria | Glebe | Surry Hills

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

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

AddressSoldPriceBedsAgency
19/15-17 Erskineville Road11 Aug 2022$900,0002Harris Partners
90 Hordern Street16 Dec 2021$1,500,0002Harris Partners

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.

↩ 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 65 days.

63% 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.

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.