2 Connemarra Street · Bexley NSW 2207

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Currently listed — $1,990,000 ▼ Reduced 3.4% · $70k · today

3 bed · 1 bath · 2 car · House · 594 m² land

Asking price cut 3.4% ($70k, from $2,060,000 to $1,990,000) today. The vendor has already moved once: negotiate below the NEW asking, not at it.

View the live listing →

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

CONSERVATIVE
$1.66M
the calibrated floor
LIKELY FAIR RANGE
$1.66M–$2.1M
around $1.88M mid
STRETCH CAP
$2.1M
$2.2M on the wider 80% band

Confidence: High — based on 226 comparable auction sales (35 of this exact configuration) · model runs ±12% for this configuration · adjusted for this block's land size · 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)
  • 19 Aug 2026 asking $2.06M
  • 28 Aug 2026 price cut $70k — to $1.99M
  • 28 Aug 2026 on market 58 days — portal listing date

Comparable auction sales

AddressConfigSoldWhen
65 Bruce St3 bd · 1 ba$1.61MSept 2025
2 Connemarra St3 bd · 1 ba$1.9MSept 2025
24A Connemarra St3 bd · 1 ba$1.8MJune 2025
23 Broadford St3 bd · 2 ba$1.91MJune 2025

Suburb risk flags

aircraft noise moderate · crime index: 23 — below sydney average · 15 min walk to Bexley North · ~25 min train to the CBD · trains ~every 10 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 Bexley — suburb × configuration matches, not hyper-matched to this address
  • 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

58 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, Bexley · postcode 2207

$838–$1000/wk is what 3-bed houses in 2207 actually transact for (middle half of 32 bonds lodged, Q2 2026 · median $910/wk — NSW Fair Trading, CC BY).


2019Q1 → 2026Q2: $630 → $950/wk · +5% over the last 12 months (latest four quarters averaged against the previous four) — quarterly new-tenancy medians for houses in 2207, 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.

Land — for a house, the land is the asset

594 m² · up to ~297 m² of floor space under the current FSR (a guide — setbacks and height also apply)

A house's size is its land. An apartment's advertised "size" can include car space and balcony — the two are never comparable and this site never pools them. Lot details and planning controls sit under Explore the area.

Development potential — how Bayside Council treats the work you might do

Refuses 9.51% of the development applications it decides · off-street parking 5.56% (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 3, asking within 20% of this one, in Bexley 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
27 Sept 2025 $1,900,000

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.