Currently listed — $830,000
1 bed · 1 bath · 1 car · apt
◆ Found on MGM Martin's own website, and not on the major portals when we last checked. The price and details above are as that agency published them — off-portal stock most buyers never see, and a single source rather than two agreeing.
The Property Brief — what the evidence shows. You draw the conclusion.
What we've tracked
- 13 Aug 2026 first tracked by our radar (the portal doesn't publish its list date)
- 27 Aug 2026 on market 13+ days — first tracked by us, a lower bound
Suburb risk flags
flood exposure 52% of the suburb · bushfire exposure 0% · aircraft noise low · crime index: 41 — around sydney average · 1 min walk to Randwick Light Rail · ~25 min light rail to the CBD · light rail ~every 8 min at peak
Where every number comes from
- 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
13 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.
Local rents — postcode 2031 units, new tenancies
$900/week median new-tenancy unit rent in 2031 (2026Q2, 545 bonds lodged).
The rent is real (NSW Fair Trading bond lodgements, CC BY) but it pools every bedroom count in the postcode and this is a 1-bed — so we don't derive a yield % from it: a ratio of two different grains reads as precision it doesn't have. New-tenancy rents also run hotter than sitting rents. Not financial advice.
Growth trend — Randwick units at auction
Measured like-for-like growth ≈ 1.7%/yr — 2-bed sold-price medians across 17 quarters (199 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.
Agencies' own published sales nearby — Randwick, around 1 beds
| Address | Sold | Price | Beds | Agency |
|---|---|---|---|---|
| 1/107 Alison Road | 6 Nov 2025 | $1,135,000 | 2 | Harris Partners |
| 1f/16 Bligh Place | 19 Mar 2024 | $650,000 | 1 | Harris Partners |
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.
Similar properties — on the market now
The 6 listings above are on the market now: same unit category, within 1 bedroom of 1, asking within 20% of this one, in Randwick 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.
The building — its registered strata scheme
Strata plan SP9932 registered 1975 — the building is at least 51 years old · 36 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 Randwick — recent local signals
2026-08-08 — South Coogee to Kingsford walking & cycling corridor (stage-zero.json (date = register entry, not decision — check stageNote for the real dates))
2026-08-08 — Kingsford–Coogee greenway concept (Warren and Mahoney) (stage-zero.json (date = register entry, not decision — check stageNote for the real dates))
2026-07-04 — Development site — listing's own words: "Development site" (1 Llanfoyst Street, Randwick, NSW 2031) (listing rea-150518040 (rea), first seen 2026-07-04)
Dated public signals compiled for this suburb — openings, closures, site sales and institutional moves. Facts with sources, not forecasts.
School catchments
Rainbow St PS (primary) · Randwick HS (secondary)
6 primary schools within 2 km · ICSEA ~1112 — 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 Randwick — 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.