18 Folkard Street · North Ryde NSW 2113

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Currently listed — $2,450,000 ▼ Reduced 2% · $50k · 4 weeks ago

4 bed · 3 bath · 3 car · Duplex

Asking price cut 2% ($50k, from $2,500,000 to $2,450,000) 4 weeks ago. The vendor has already moved once: negotiate below the NEW asking, not at it.

Last confirmed on the market 19 days ago — it may have sold or been withdrawn since; the price shown is the last one advertised.

View the original 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

4 bedrooms · Duplex

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

Melrose Estate Agents - Ryde - Ryde · last observed 30 Sept 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

Planning activity nearby

1 recorded application at or near this address

An application is not an approval or a promise that building work will happen. Location and stage matter.

NSW Planning Portal · individual records in Explore the area

What deserves a closer look

  • price cut $50k — to $2.45M
  • asking $2.5M
  • our tracking restarted after a six-week portal gap — the campaign start is unknown, this is not a listing date

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 nearby applications affect this home, and what stage has each actually reached?
  2. Which recent sales are most comparable to this home, and how do their size, condition and position differ?
  3. What repairs, alterations or water issues are documented, and what can an independent inspection verify?
  4. Do the planning and heritage records match this exact lot, and what approvals exist for alterations?

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: 57 — around sydney average · 1 min walk to North Ryde Metro · ~18 min metro to the CBD · metro ~every 4 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?

  • 14 Aug 2026 our tracking restarted after a six-week portal gap — the campaign start is unknown, this is not a listing date
  • 18 Aug 2026 asking $2.5M
  • 22 Sept 2026 price cut $50k — to $2.45M

What to inspect before you offer

  • Condition, aspect, renovation and the contract — these can materially change price, and the estimate cannot see them.
  • 1 development application is recorded at or near this address — check the source records and current status.
  • Planning controls and heritage status — confirm the exact lot, not just the address-level guide, before relying on development potential.

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

Rent evidence — asking vs transacted, North Ryde · postcode 2113

$1050–$1450/wk is what 4-bed houses in 2113 actually transact for (middle half of 17 bonds lodged, Q2 2026 · median $1300/wk — NSW Fair Trading, CC BY).


2019Q1 → 2026Q2: $655 → $1075/wk · +8% over the last 12 months (latest four quarters averaged against the previous four) — quarterly new-tenancy medians for houses in 2113, 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 Ryde City Council treats the work you might do

Refuses 4.76% of the development applications it decides · off-street parking 1.85% (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.

Similar properties — on the market now

The 6 listings above are on the market now: same house category, within 1 bedroom of 4, asking within 20% of this one, in North Ryde 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

ExchangedPriceChange since prior sale
11 Sept 2024 $2,600,000 —

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.