311/541 Burwood Rd · Belmore NSW 2192

Belmore suburb intelligence · all Sydney suburbs

Belmore suburb ← Back to board
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Currently listed

2 bed · 2 bath · 1 car · ApartmentUnitFlat

View the live listing →

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

CONSERVATIVE
$674k
the calibrated floor
LIKELY FAIR RANGE
$674k–$837k
around $755k mid
STRETCH CAP
$837k
$931k on the wider 80% band

Confidence: Low — based on 41 comparable auction sales (7 of this exact configuration) · model runs ±11% for this configuration · confidence held at Low — under 20 same-configuration sales · the model's typical miss is ~11% against published results — every hit and miss

What we've tracked

  • 4 July 2026 auction: Postponed (Ray White Belmore)
  • 25 July 2026 auction: Withdrawn (Ray White Belmore)
  • 24 Aug 2026 first tracked by our radar (the portal doesn't publish its list date)
  • 27 Aug 2026 on market 3+ days — first tracked by us, a lower bound

Comparable auction sales

AddressConfigSoldWhen
14G/541C Burwood Rd2 bd · 2 ba$735kApr 2025
4/6-8 Sudbury St2 bd · 1 ba$822kMar 2025
8/473 Burwood Rd2 bd · 2 ba$650kMar 2025
4/47 York St2 bd · 1 ba$620kMar 2025
4/47 York St2 bd · 1 ba$620kFeb 2025
4/22-24 Anderson St2 bd · 1 ba$755kNov 2024

Suburb risk flags

crime index: 39 — below sydney average · 1 min walk to Belmore Metro · ~22 min metro to the CBD · trains ~every 15 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 Belmore — 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

3 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, Belmore · postcode 2192

$550–$710/wk is what 2-bed units in 2192 actually transact for (middle half of 71 bonds lodged, Q2 2026 · median $580/wk — NSW Fair Trading, CC BY).


2019Q1 → 2026Q2: $392 → $580/wk · +6% over the last 12 months (latest four quarters averaged against the previous four) — quarterly new-tenancy medians for units in 2192, 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 — Belmore units at auction

Too few same-bed sales for a measured growth rate yet. Recent quarterly sold medians (all unit sizes — thin samples move these):

2024Q2 $735k (5) · 2024Q3 $760k (5) · 2024Q4 $715k (3) · 2025Q1 $635k (4)

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 2026WithdrawnwithheldRay White Belmore
4 July 2026PostponedwithheldRay White Belmore

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

Agencies' own published sales nearby — Belmore, around 2 beds

AddressSoldPriceBedsAgency
44/585-589 Canterbury Roadby 16 Aug 2026$608,5002Laing+Simmons

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.

↩ Withdrawn from auction — what happens next

Withdrawn from auction isn't the end of a sale — of withdrawn Sydney homes that went on to sell, half sold within 65 days.

63% sold within three months of the scheduled auction.

1,547 withdrawn-then-sold homes across Sydney. We don't publish a price figure for withdrawn homes: the measured gap is too unstable to stand behind, and a number we can't defend is worse than none. Based on withdrawn homes that later sold. Homes that never sold aren't in the figure — withdrawal sometimes means a private deal was already done, and sometimes means the listing simply ended.

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.