The Property Brief — what the evidence shows. You draw the conclusion.
Confidence: Low — based on 106 comparable auction sales (7 of this exact configuration) · model runs ±12% 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 |
|---|---|---|---|
| 28 Mary St | 3 bd · 1 ba | $1.9M | Apr 2025 |
| 32 Sutherland St | 3 bd · 2 ba | $2.12M | Apr 2025 |
| 55 Grove St | 3 bd · 3 ba | $2.31M | Mar 2025 |
| 51 Lackey St | 3 bd · 1 ba | $1.76M | Mar 2025 |
| 45 May St | 3 bd · 2 ba | $1.75M | Mar 2025 |
Suburb risk flags
aircraft noise high · crime index: 71 — above sydney average · 1 min walk to St Peters · ~8 min train to the CBD · trains ~every 2 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 St Peters — 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, St Peters · postcode 2044
$938–$1100/wk is what 3-bed houses in 2044 actually transact for (middle half of 24 bonds lodged, Q2 2026 · median $1000/wk — NSW Fair Trading, CC BY).
2019Q1 → 2026Q2: $730 → $1000/wk · +5% over the last 12 months (latest four quarters averaged against the previous four) — quarterly new-tenancy medians for houses in 2044, 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 Inner West Council treats the work you might do
Refuses 7.24% of the development applications it decides · off-street parking 10.98% (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.
Published auction results at this address
| Auction week | Result | Price | Agency |
|---|---|---|---|
| 22 Aug 2026 | Sold prior | $1,800,000 | BresicWhitney Inner West |
From Domain's published weekly auction results — individual outcomes as published; withheld prices stay withheld.
Sale history — the official settled-sale record at this address
| Exchanged | Price | Change since prior sale |
|---|---|---|
| 24 May 2023 | $1,525,000 | — |
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).
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 INNER WEST 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 outlook — how often Inner West Council has refused this kind of work
| If you wanted to… | Refused | vs NSW | Applications decided |
|---|---|---|---|
| Alterations & additions | 4.67% (3.73–5.83%) | 1.8× (NSW 2.63%) | 73 refused of 1,564 · 65 approved with conditions |
| Off-street parking | 10.98% (7.14–16.52%) | 4.3× (NSW 2.58%) | 19 refused of 173 · 12 approved with conditions |
| Pool, deck or fence | 3.95% (2.37–6.53%) | 2.3× (NSW 1.73%) | 14 refused of 354 · 12 approved with conditions |
| Granny flat | 12.68% (6.81–22.37%) | 2.8× (NSW 4.45%) | 9 refused of 71 · 2 approved with conditions |
| Knock down & rebuild | 17.24% (12.67–23.03%) | 1.5× (NSW 11.55%) | 35 refused of 203 · 11 approved with conditions |
Across all application types Inner West Council refused 7.24% (6.3–8.31%) of the 2,555 development applications it decided.
Where these applications come unstuck
The refusal rate above says how strict the council is. This says which part of a plan is exposed — measured across all 192,284 NSW development applications, not just this council. Each is an association: plenty of applications carrying these elements are approved, and nothing here is a verdict on a proposal you haven't made yet.
- Alterations & additions — a new vehicle crossing cut into the front boundary (refused 7.27% vs 2.59% for this kind of work generally — 2.8×, on 220 applications); excavation or a new lower level (refused 6.71% vs 2.54% for this kind of work generally — 2.64×, on 611 applications)
- Off-street parking — a new vehicle crossing cut into the front boundary (refused 8.45% vs 2.42% for this kind of work generally — 3.49×, on 284 applications)
- Pool, deck or fence — excavation or a new lower level (refused 6.22% vs 1.61% for this kind of work generally — 3.88×, on 659 applications); full demolition and rebuild (refused 4.97% vs 1.6% for this kind of work generally — 3.12×, on 965 applications)
- Knock down & rebuild — excavation or a new lower level (refused 25.78% vs 9.36% for this kind of work generally — 2.75×, on 256 applications); full demolition and rebuild (refused 19.91% vs 10.46% for this kind of work generally — 1.9×, on 221 applications)
Determinations lodged on the NSW Planning Portal up to Nov 2023 — the published dataset stops there, so this is a record of how the council has behaved, not a forecast and not a statement about any particular application. Rates cover development applications only; modifications and reviews of an earlier decision are excluded. A rate is shown only where at least 30 applications were decided — below that the counts are given instead, because a percentage from a handful of decisions is not a fact about a council. "Approved with conditions" is a consent, not a refusal, and is never counted as one.
School catchments
St Peters PS (primary) · Alexandria Park CS (secondary)
6 primary schools within 2 km · ICSEA ~1084 — the socio-educational advantage of the school community (My School, national average ~1000): a demographic measure, never a results or quality score.
Suburb-centre approximation for St Peters — addresses near a boundary can differ. Verify the exact address at School Finder. Intake zones cover government schools only.
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.