







Currently listed — $900,000
2 bed · 2 bath · 2 car · ApartmentUnitFlat
The Property Brief — what the evidence shows. You draw the conclusion.
Confidence: Medium — based on 92 comparable auction sales (30 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
- 14 Aug 2026 our tracking restarted after a six-week portal gap — the campaign start is unknown, this is not a listing date
- 19 Aug 2026 asking $900k
Comparable auction sales
| Address | Config | Sold | When |
|---|---|---|---|
| 2015/50 Pemberton St | 2 bd · 1 ba | $1.07M | July 2025 |
| 2407/55 Wilson St | 2 bd · 2 ba | $980k | July 2025 |
| 2407/55 Wilson St | 2 bd · 2 ba | $980k | June 2025 |
| 3214/55 Wilson St | 2 bd · 2 ba | $965k | June 2025 |
| 245/26 Jasmine St | 2 bd · 1 ba | $727k | May 2025 |
| 29/90-92 Bay St | 2 bd · 2 ba | $900k | May 2025 |
Suburb risk flags
flood exposure 79% of the suburb · bushfire exposure 0% · aircraft noise moderate · crime index: 29 — below sydney average · 24 min walk to Domestic Airport · ~12 min train to the CBD · trains ~every 8 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 Botany — 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
Rent evidence — asking vs transacted, Botany · postcode 2019
$900–$1000/wk is what 2-bed units in 2019 actually transact for (middle half of 58 bonds lodged, Q2 2026 · median $950/wk — NSW Fair Trading, CC BY).
2019Q1 → 2026Q2: $570 → $900/wk · +8% over the last 12 months (latest four quarters averaged against the previous four) — quarterly new-tenancy medians for units in 2019, 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 — Botany 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):
2024Q4 $1025k (6) · 2025Q1 $919k (4) · 2025Q2 $950k (11) · 2025Q3 $980k (3)
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 Botany 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
| Exchanged | Price | Change since prior sale |
|---|---|---|
| 11 Oct 2012 | $630,000 | — |
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).
Planning & zoning — R3 Medium Density Residential
Townhouses, villas and low-rise units permitted — expect gradual medium-density infill.
Height limit 10m (≈ 3 storeys) — the current legal ceiling for new building at this point under the LEP. Any proposal above it needs a variation or a rezoning — the kind of change the fast-track pipeline tracks.
Floor space ratio 0.85:1 — the maximum gross floor area you can build is 0.85:1 times the site area.
Zone R3 (Medium Density Residential) under the BAYSIDE LEP, from the NSW ePlanning layers at this address's geocoded point — a guide, not a parcel-level legal check. Confirm the exact lot at the NSW Planning Portal.
Development applications — at & near this address
| Where | Proposal | Status | Outcome | Est. cost | Lodged |
|---|---|---|---|---|---|
| ~122 m · 177 Bay Street Botany 2019 | Alterations And Additions To Residential Development · 1 new dwelling | Determined | not on record | $330k | 2022-09-29 |
| ~126 m · 66a Bay Street Botany 2019 | Demolition | Determined | not on record | $25k | 2024-02-14 |
Development application data © NSW Department of Planning and Environment, used under CC BY 4.0. Matched at this exact address or within ~150 m of its geocoded point — proximity evidence, not a parcel-level check. Lodged means proposed, not approved or built. Outcome comes from a separate NSW dataset that stops in Nov 2023: applications determined after that, or still undetermined, read “not on record” — which means we don't know, never that it was refused. “Status” is the council's own workflow state and “Determined” on its own does not say which way it went. Verify any application on the NSW Planning Portal.
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 SP90889 registered 2015 — the building is at least 11 years old · 128 lots in the scheme (large scheme — expect facilities and higher levies).
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.
Building order on record — NSW Building Commission
This building is subject to an in-force rectification order issued 2026-08-07 — a formal NSW Building Commission direction concerning building work here, naming Great Tang Brothers Pty Ltd. Read the order on the public register.
What this means for a buyer: an order is a public record that identified work needs addressing. Across all ordered NSW buildings we measure, resales typically settle around 10% under their suburb while an order stands, and the gap does not close quickly once orders lift. Read the order itself, ask the strata manager what has been done and what levies are planned, and price the works before you offer.
What's changing in Botany — recent local signals
2025-08-22 — Childcare invest — 1617 BOTANY ROAD BOTANY 2019 ($13594k) (institutional-signals.json (PAN-564687, OnlineDA))
Dated public signals compiled for this suburb — openings, closures, site sales and institutional moves. Facts with sources, not forecasts.
School catchments
Pagewood PS (primary) · Sth Sydney HS (secondary)
3 primary schools within 2 km · ICSEA ~1042 — the socio-educational advantage of the school community (My School, national average ~1000): a demographic measure, never a results or quality score.
NSW DoE intake zones at this address's geocoded point — tighter than a suburb-level guess, but geocodes carry a few metres of error and boundaries change with reviews. 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.