Currently listed — $550,000
2 bed · 1 bath · 2 car · ApartmentUnitFlat
The Property Brief — what the evidence shows. You draw the conclusion.
What we've tracked
- 27 Aug 2026 first tracked by our radar (the portal doesn't publish its list date)
- 27 Aug 2026 asking $550k
- 1 Sept 2026 on market 4+ days — first tracked by us, a lower bound
Comparable auction sales
| Address | Config | Sold | When |
|---|---|---|---|
| 320/1044-1046 Mt Alexander Rd | 2 bd · 1 ba | $400k | July 2025 |
| 101/314 Pascoe Vale Rd | 2 bd · 2 ba | $485k | May 2025 |
| 1/28 Gilbertson St | 2 bd · 1 ba | $805k | May 2025 |
| 7/14 Raleigh St | 2 bd · 1 ba | $633k | May 2025 |
| 3/8 Fitzgerald Rd | 2 bd · 1 ba | $665k | Feb 2025 |
| 1/17 Nimmo St | 2 bd · 1 ba | $500k | Feb 2025 |
Where every number comes from
- Comps: published Domain auction results for Essendon — 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
⏱ Days on market — this campaign
4 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.
Growth trend — Essendon units at auction
Measured like-for-like growth ≈ -4.6%/yr — 2-bed sold-price medians across 16 quarters (60 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.
Similar properties — on the market now
The 6 listings above are on the market now: same unit category, within 1 bedroom of 2, asking within 20% of this one, in Essendon 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.
Construction risk — what no listing tells you
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).
Get an independent structural and strata inspection before you commit — the defect base rate makes it the single highest-value dollar in the purchase.
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.
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.