3/488 Bunnerong Road · Matraville NSW 2036

Currently listed — $700,000

2 bed · 1 bath · 1 car · ApartmentUnitFlat

View the live listing →

⏱ 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.

Rent evidence — asking vs transacted, Matraville · postcode 2036

$870–$1240/wk is what 2-bed units in 2036 actually transact for (middle half of 175 bonds lodged, Q2 2026 · median $1150/wk — NSW Fair Trading, CC BY).

2019Q1 → 2026Q2: $680 → $1080/wk · +8% over the last 12 months (latest four quarters averaged against the previous four) — quarterly new-tenancy medians for units in 2036, 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.

Growth trend — Matraville units at auction

Not enough Matraville unit auctions on record to show a trend — this fills in as the archive grows.

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 Matraville 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 SP33164 registered 1988 — the building is at least 38 years old · 6 lots in the scheme (small scheme — levies and decisions shared among few owners).

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.

School catchments

Chifley PS (primary) · Matraville Sp HS (secondary)

5 primary schools within 2 km · ICSEA ~1017 — 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 Matraville — addresses near a boundary can differ. Verify the exact address at School Finder. Intake zones cover government schools only.