2/3 Albert St · Leichhardt NSW 2040

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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.

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

How much price evidence fits

36 sales in the wider suburb/type pool

The wider pool is not a set of identical homes. Bedroom count, condition and location within the suburb affect comparability.

Published auction evidence · model trained through 2026-09-03

The strata scheme

SP66589 · 3 lots

Scheme size provides context. It does not tell us the current levies, finances or condition of the building.

NSW strata register · registered 2001

Planning activity nearby

6 recorded applications 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

No dated campaign events are available here. That does not establish that the asking price or agent has never changed.

What we still cannot tell you

  • We do not have a current listing in this page's evidence. An address record is not proof that a home is for sale.
  • 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. What do the strata records show about current levies, planned works, meeting decisions and unresolved defects?
  5. 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.

CONSERVATIVE
$1.28M
the calibrated floor
LIKELY FAIR RANGE
$1.28M–$1.6M
around $1.42M mid
STRETCH CAP
$1.6M
$1.81M on the wider 80% band

Confidence: Medium — based on 36 comparable auction sales · model runs ±11% for this configuration · priced from this property's own records: previous sale · the model's typical miss is ~10% against published results — every hit and miss

How this estimate was made
  • Method: AI PropertyEye tree model · trained through 2026-09-03
  • Inputs used for this home: priced from this property's own records: previous sale
  • Comparable support: 36 sales in the wider suburb/type pool
  • When to be more cautious: Condition, aspect, renovation and the contract are not model inputs and can move the eventual sale price.

Comparable auction sales

AddressConfigSoldWhen
1/130 William St2 bd · 1 ba$1.5MMay 2025
2/27-31 Macquarie St2 bd · 2 ba$1.52MApr 2025
30 Walter St2 bd · 1 ba$1.63MJune 2024

Suburb risk flags

crime index: 52 — around sydney average · 9 min walk to Leichhardt North Light Rail · ~25 min light rail to the CBD · light rail ~every 6 min at peak

Where every number comes from
  • Fair value: AI PropertyEye tree model 2026-09-02-v7-price-model-v6-full-grid, trained through 2026-09-03 — trained on 169,356 published auction sales; priced per address where this home's own records reach the model (see "How this estimate was made"), otherwise at configuration level (suburb × type × beds), not an appraisal of this exact home
  • Comps: published Domain auction results for Leichhardt — 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

What to inspect before you offer

  • Condition, aspect, renovation and the contract — these can materially change price, and the estimate cannot see them.
  • The strata scheme: registration is recorded in 2001 and has 3 lots; ask for the strata report, planned works and levies.
  • 6 development applications are 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.
  • Building condition: public records cannot establish that a building is defect-free; inspect independently.

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

Rent evidence — asking vs transacted, Leichhardt · postcode 2040

$685–$950/wk is what 2-bed units in 2040 actually transact for (middle half of 47 bonds lodged, Q2 2026 · median $800/wk — NSW Fair Trading, CC BY).


2019Q1 → 2026Q2: $515 → $680/wk · +5% over the last 12 months (latest four quarters averaged against the previous four) — quarterly new-tenancy medians for units in 2040, 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 — Leichhardt units at auction

Too few same-bed sales for a measured growth rate yet. Recent quarterly sold medians (all unit sizes — thin samples move these):

2024Q4 $1100k (5) · 2025Q1 $755k (5) · 2025Q2 $917k (5) · 2025Q3 $1160k (5)

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
31 Jan 2026Sold$1,576,000

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

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

AddressSoldPriceBedsAgency
2/1 Styles Street14 Apr 2026$1,470,0002Harris Partners
151 Flood Street18 Dec 2025$1,900,0002Harris Partners
222 Norton Street20 Nov 2025$1,760,0003Harris Partners
102 Day Street16 Aug 2025$1,900,0003Harris Partners
7/80-82 Burfitt Street30 July 2024$815,1002Harris 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.

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

ExchangedPriceChange since prior sale
31 Jan 2026 $1,576,000

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.