248 Forest Rd · Bexley NSW 2207

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Last seen listed — $1,800,000 · our last sighting is undated

3 bed · 2 bath · House · 588 m² land

We haven't been able to re-confirm this listing since 1 Jan 1970 — it may have sold or been withdrawn since; the price shown is the last one advertised.

View the original listing →

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.

The listing we observed

3 bedrooms · House

Listing details describe the advertised home. They do not verify its condition or approved use.

Alex Tehfe · last observed date unavailable

How much price evidence fits

226 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 2026-09-15

What deserves a closer look

  • asking $1.8M
  • auction: Passed in (Domain NSW Real Estate)
  • listed by the agency (portal date)

These are recorded events, not evidence of the seller's motivation.

What we still cannot tell you

  • No settled-sale history is available in this page's records. This does not mean the home has never sold.
  • Direct price support is limited. Read the comparable sales and the estimate's uncertainty together.
  • 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 recent sales are most comparable to this home, and how do their size, condition and position differ?
  2. What repairs, alterations or water issues are documented, and what can an independent inspection verify?

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
$1.49M
the calibrated floor
LIKELY FAIR RANGE
$1.49M–$1.85M
around $1.66M mid
STRETCH CAP
$1.85M
$2.14M on the wider 80% band

Confidence: Low — based on 226 comparable auction sales (16 of this exact configuration) · model runs ±11% for this configuration · confidence held at Low — under 20 same-configuration sales · priced from this property's own records: block size, land value · the model's typical miss is ~11% against published results — every hit and miss

How this estimate was made
  • Method: AI PropertyEye tree model · trained through 2026-09-15
  • Inputs used for this home: priced from this property's own records: block size, land value
  • Comparable support: 226 sales in the wider suburb/type pool; 16 of this exact configuration
  • 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
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 tree model 2026-09-02-v7-price-model-v6-full-grid, trained through 2026-09-15 — trained on 169,861 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 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

What changed recently?

  • 22 May 2026 listed by the agency (portal date)
  • 27 June 2026 auction: Passed in (Domain NSW Real Estate)
  • 21 Aug 2026 asking $1.8M
  • 22 Oct 2026 on market 153 days — portal listing date

What to inspect before you offer

  • Condition, aspect, renovation and the contract — these can materially change price, and the estimate cannot see them.

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

Days on market — this campaign

153 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

588 m²

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.

Published auction results at this address

Auction weekResultPriceAgency
27 June 2026Passed inwithheldDomain NSW Real Estate

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

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.

It passed in — what happens next — the question the listing stops at

Across Sydney, homes that passed in and later sold went for about 6% less than comparable homes that sold under the hammer.

Half sold within 33 days, 75% within three months.

Like-for-like within bedroom and property-type groups · 50 comparison groups across Sydney, sales settled in the last two years. Based on passed-in homes that later sold. Homes that never sold aren't in the figure, so read this as what a sale fetches — not what the home is worth. Passing in is a negotiating position, not a verdict — this is evidence about outcomes, never advice on what to offer.

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.