2B Allan Street · Bexley NSW 2207

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Currently listed — $2,275,000 ▼ Reduced 9% · $224k · 2 weeks ago

5 bed · 3 bath · 2 car · House

Asking price cut 9% ($224k, from $2,499,000 to $2,275,000) 2 weeks ago. The vendor has already moved once: negotiate below the NEW asking, not at it.

View the live 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

5 bedrooms · House

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

Sam Abbas · last observed 22 Oct 2026

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

  • price cut $224k — to $2.27M
  • asking $2.5M
  • 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.
  • 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?
  3. Do the planning and heritage records match this exact lot, and what approvals exist for alterations?

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
$2.07M
the calibrated floor
LIKELY FAIR RANGE
$2.07M–$2.58M
around $2.3M mid
STRETCH CAP
$2.58M
$2.98M on the wider 80% band

Confidence: High — based on 226 comparable auction sales (29 of this exact configuration) · model runs ±11% for this configuration · priced from this property's own records: block size · 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
  • Comparable support: 226 sales in the wider suburb/type pool; 29 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.

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
  • 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?

  • 5 Mar 2026 listed by the agency (portal date)
  • 19 Aug 2026 asking $2.5M
  • 7 Oct 2026 price cut $224k — to $2.27M
  • 23 Oct 2026 on market 232 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.
  • Planning controls and heritage status — confirm the exact lot, not just the address-level guide, before relying on development potential.

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

Days on market — this campaign

232 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

$1275–$1900/wk is what 5-bed houses in 2207 actually transact for (middle half of 29 bonds lodged, last 12 mo · median $1550/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.

Development potential — how Bayside Council treats the work you might do

Refuses 9.51% of the development applications it decides · off-street parking 5.56% (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.

Similar properties — on the market now

The 6 listings above are on the market now: same house category, within 1 bedroom of 5, 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.

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.