The Property Brief — what the evidence shows. You draw the conclusion.
Confidence: Low — based on 74 comparable auction sales (11 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 |
|---|---|---|---|
| 607B/41-45 Belmore St | 2 bd · 2 ba | $800k | June 2025 |
| 19/1-3 Kulgoa Av | 2 bd · 1 ba | $680k | Apr 2025 |
| 26/512 Victoria Rd | 2 bd · 2 ba | $1.05M | Feb 2025 |
| 205/5 Meikle Pl | 2 bd · 2 ba | $1.07M | Feb 2025 |
| 11/9 Isabel St | 2 bd · 1 ba | $626k | Dec 2024 |
Suburb risk flags
crime index: 33 — below sydney average · 24 min walk to Meadowbank · ~20 min train to the CBD · trains ~every 8 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 Ryde — 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, Ryde · postcode 2112
$610–$850/wk is what 2-bed units in 2112 actually transact for (middle half of 131 bonds lodged, Q2 2026 · median $800/wk — NSW Fair Trading, CC BY).
2019Q1 → 2026Q2: $490 → $712/wk · +4% over the last 12 months (latest four quarters averaged against the previous four) — quarterly new-tenancy medians for units in 2112, 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 — Ryde 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):
2024Q2 $960k (4) · 2024Q3 $610k (3) · 2024Q4 $820k (7) · 2025Q2 $800k (3)
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 |
|---|---|---|---|
| 11 July 2026 | Withdrawn | withheld | Pello - Northern Suburbs |
| 27 June 2026 | Postponed | withheld | Pello - Northern Suburbs |
From Domain's published weekly auction results — individual outcomes as published; withheld prices stay withheld.
Agencies' own published sales nearby — Ryde, around 2 beds
| Address | Sold | Price | Beds | Agency |
|---|---|---|---|---|
| 319/21 Porter Street | by 17 Aug 2026 | $610,000 | 1 | Meriton |
| 122/21 Porter Street | by 17 Aug 2026 | $715,000 | 2 | Meriton |
| 324/21 Porter Street | by 17 Aug 2026 | $605,000 | 1 | Meriton |
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.
Planning & zoning — R2 Low Density Residential
Houses and dual occupancies. A protected low-rise street — little chance of towers next door.
Zone R2 (Low Density Residential) under the RYDE LEP, from the NSW ePlanning layers at this address's geocoded point — a guide, not a parcel-level legal check. Confirm the exact lot at the NSW Planning Portal.
Development applications — at & near this address
| Where | Proposal | Status | Outcome | Est. cost | Lodged |
|---|---|---|---|---|---|
| ~69 m · 28 Eagle Street Ryde 2112 | Residential Flat Building, Mixed Use Development · 10 new dwellings | Determined | not on record | $9.74M | 2022-12-16 |
| ~81 m · 21 Gladstone Avenue Ryde 2112 | Dwelling House, Alterations Or Additions To An Existing Building Or Structure | Determined | not on record | $43k | 2025-10-29 |
| ~81 m · 21 Gladstone Avenue Ryde 2112 | Dwelling House, Alterations Or Additions To An Existing Building Or Structure, Residential Accommodation | Under Assessment | not on record | $18k | 2026-06-10 |
| ~89 m · 65 Princes Street Ryde 2112 | Demolition, Erection Of A New Structure, Earthworks, Retaining Walls And Structural Support | Determined | not on record | $29k | 2026-02-13 |
| ~148 m · 59 Princes Street Ryde 2112 | Pools / Decks / Fencing | Determined | Approved | $33k | 2021-07-20 |
Development application data © NSW Department of Planning and Environment, used under CC BY 4.0. Matched at this exact address or within ~150 m of its geocoded point — proximity evidence, not a parcel-level check. Lodged means proposed, not approved or built. Outcome comes from a separate NSW dataset that stops in Nov 2023: applications determined after that, or still undetermined, read “not on record” — which means we don't know, never that it was refused. “Status” is the council's own workflow state and “Determined” on its own does not say which way it went. Verify any application on the NSW Planning Portal.
Construction risk — what no listing tells you
Active state-pipeline project within 150m: 724-730 Victoria Road, Ryde (150m — SSD-123040988)
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).
This property sits within 150m of an active state-pipeline project. Adjacent construction — especially deep excavation — is a documented damage pathway for existing buildings (Mascot Towers). Get an independent structural and strata inspection, and ask the strata manager about the neighbouring works, before you commit.
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 SP92518 registered 2018 — the building is at least 8 years old · 12 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 Ryde — recent local signals
2026-05-07 — Childcare departure — 826 VICTORIA ROAD RYDE 2112 ($3666k) (institutional-signals.json (PAN-635304, OnlineDA))
2025-10-21 — Childcare departure — 38 FREDERICK STREET RYDE 2112 ($4042k) (institutional-signals.json (PAN-580475, OnlineDA))
2025-07-16 — Childcare invest — 2 CRESCENT AVENUE RYDE 2112 ($206k) (institutional-signals.json (PAN-552847, OnlineDA))
Dated public signals compiled for this suburb — openings, closures, site sales and institutional moves. Facts with sources, not forecasts.
School catchments
Ryde PS (primary) · Riverside GHS (secondary)
6 primary schools within 2 km · ICSEA ~1107 — the socio-educational advantage of the school community (My School, national average ~1000): a demographic measure, never a results or quality score.
NSW DoE intake zones at this address's geocoded point — tighter than a suburb-level guess, but geocodes carry a few metres of error and boundaries change with reviews. Verify the exact address at School Finder. Intake zones cover government schools only.
Green space nearby
Protected public recreation land within 500 m
Land zoned RE1 under the local environmental plan — reserved for public recreation, which protects it from being built over. The zoning doesn't say what's on it or how usable it is, and this layer doesn't carry park names.
Straight-line distance, not walking distance. NSW ePlanning planning layers (Land Zoning), CC BY. Distances are ladder buckets measured at the address's geocoded point.
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.