307/9 Marriott St · Redfern NSW 2016

Redfern suburb intelligence · all Sydney suburbs · building dossier

Redfern suburb ← Back to board
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Currently listed — $1,800,000 ▼ Reduced 10% · $200k · today

2 bed · 2 bath · 1 car · ApartmentUnitFlat

Asking price cut 10% ($200k, from $2,000,000 to $1,800,000) today. The vendor has already moved once: negotiate below the NEW asking, not at it.

View the live listing →

The Property Brief — what the evidence shows. You draw the conclusion.

CONSERVATIVE
$1.23M
the calibrated floor
LIKELY FAIR RANGE
$1.23M–$1.53M
around $1.38M mid
STRETCH CAP
$1.53M
$1.64M on the wider 80% band

Confidence: High — based on 187 comparable auction sales (43 of this exact configuration) · model runs ±11% for this configuration · the model's typical miss is ~11% against published results — every hit and miss

What we've tracked

  • 26 June 2026 listed by the agency (portal date)
  • 25 July 2026 auction: Postponed ( Belle Property Surry Hills)
  • 19 Aug 2026 asking $2M
  • 27 Aug 2026 price cut $200k — to $1.8M
  • 27 Aug 2026 on market 62 days — portal listing date

Comparable auction sales

AddressConfigSoldWhen
14/71 Renwick St2 bd · 2 ba$1.24MJune 2025
1/37 Cornwallis St2 bd · 2 ba$1.4MJune 2025
48/52-60 Renwick St2 bd · 2 ba$1.4MMay 2025

Suburb risk flags

crime index: 100 — well above sydney average · 8 min walk to Redfern · ~4 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 Redfern — 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

⏱ Days on market — this campaign

62 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, Redfern · postcode 2016

$869–$1184/wk is what 2-bed units in 2016 actually transact for (middle half of 64 bonds lodged, Q2 2026 · median $975/wk — NSW Fair Trading, CC BY).


2019Q1 → 2026Q2: $530 → $785/wk · +4% over the last 12 months (latest four quarters averaged against the previous four) — quarterly new-tenancy medians for units in 2016, 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 — Redfern units at auction

Measured like-for-like growth ≈ 1.1%/yr — 2-bed sold-price medians across 16 quarters (37 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.

Published auction results at this address

Auction weekResultPriceAgency
25 July 2026Postponedwithheld Belle Property Surry Hills

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 unit category, within 1 bedroom of 2, asking within 20% of this one, in Redfern 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.

Sale history — the official settled-sale record at this address

ExchangedPriceChange since prior sale
12 May 2025 $2,110,000

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).

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.