The listing we observed
1 bedrooms · ApartmentUnitFlat
Listing details describe the advertised home. They do not verify its condition or approved use.
David Bettini · last observed 8 Oct 2026← swipe · 10 photos
Currently listed — $550,000
1 bed · 1 bath · Apartment / Unit
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.
What deserves a closer look
- asking $550k
- first tracked by our radar (the portal doesn't publish its list 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.
- The model has no confident read on this property: the advertised figure sits below the model's entire likely range, and on our sold-validation set such homes sold at their advertised figure — the comparable pool is likely describing dearer stock than what is being 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.
- Which recent sales are most comparable to this home, and how do their size, condition and position differ?
- What repairs, alterations or water issues are documented, and what can an independent inspection verify?
- What do the strata records show about current levies, planned works, meeting decisions and unresolved defects?
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.
NO CONFIDENT READ
The model has no confident read on this property: the advertised figure sits below the model's entire likely range, and on our sold-validation set such homes sold at their advertised figure — the comparable pool is likely describing dearer stock than what is being sold.
Comparable auction sales
| Address | Config | Sold | When |
|---|---|---|---|
| 34/6 Danks St | 1 bd · 1 ba | $890k | June 2025 |
Suburb risk flags
flood exposure 35% of the suburb · bushfire exposure 0% · aircraft noise low · crime index: 97 — well above sydney average · 2 min walk to Waterloo Metro · ~5 min metro to the CBD · metro ~every 4 min at peak
Where every number comes from
- Comps: published Domain auction results for Waterloo — 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
What changed recently?
- 21 Sept 2026 first tracked by our radar (the portal doesn't publish its list date)
- 21 Sept 2026 asking $550k
- 8 Oct 2026 on market 16+ days — first tracked by us, a lower bound
What to inspect before you offer
- Condition, aspect, renovation and the contract — these can materially change price, and the estimate cannot see them.
- Building condition: public records cannot establish that a building is defect-free; inspect independently.
These are due-diligence prompts, not a verdict on this property.
⏱ Days on market — this campaign
16 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, Waterloo · postcode 2017
$800–$950/wk is what 1-bed units in 2017 actually transact for (middle half of 417 bonds lodged, Q2 2026 · median $879/wk — NSW Fair Trading, CC BY).
2019Q1 → 2026Q2: $730 → $1065/wk · +3% over the last 12 months (latest four quarters averaged against the previous four) — quarterly new-tenancy medians for units in 2017, 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 — Waterloo units at auction
Measured like-for-like growth ≈ 5.0%/yr — 2-bed sold-price medians across 14 quarters (59 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.
Agencies' own published sales nearby — Waterloo, around 1 beds
| Address | Sold | Price | Beds | Agency |
|---|---|---|---|---|
| 325/8 Lachlan Street | by 17 Aug 2026 | $602,000 | 1 | Meriton |
| 267/8 Lachlan Street | by 17 Aug 2026 | $575,000 | 1 | Meriton |
| 302/6 Lachlan Street | by 17 Aug 2026 | $640,000 | 1 | Meriton |
| 727/7 Potter Street | by 17 Aug 2026 | $940,000 | 2 | Meriton |
| 518/7 Potter Street | by 17 Aug 2026 | $930,000 | 2 | Meriton |
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.
Similar properties — on the market now
$550,000
270/8 Lachlan Street
Waterloo
1 bed · 1 bath
$550,000
W1011/2 Chippendale Way
Chippendale · 1.7 km away
1 bed · 1 bath
$550,000
19/1 Darley Street
Darlinghurst · 2.5 km away
1 bed · 1 bath
$550,000
1 Darley Street
Darlinghurst · 2.5 km away
1 bed · 1 bath · 0 car
$540,000
21/755-759 Botany Road
Rosebery · 2.2 km away
1 bed · 1 bath
▼ Reduced 3.6% · $20k · 2 cuts
$560,000
53/220-234 Goulburn Street
Darlinghurst · 2.5 km away
1 bed · 1 bath
The 6 listings above are on the market now: same unit category, within 1 bedroom of 1, asking within 20% of this one, in Waterloo 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.
What's changing in Waterloo — recent local signals
2026-08-24 — Development site — listing's own words: "STCA" (131 Botany Road, Waterloo, NSW 2017) (listing rea-149440776 (rea), first seen 2026-08-24)
2026-08-14 — Development site — listing's own words: "STCA" (672 Elizabeth Street, Waterloo, NSW 2017) (listing rea-151639380 (rea), first seen 2026-08-14)
2026-07-31 — Place of worship invest — 2-6 KELLICK STREET WATERLOO 2017 ($987k) (institutional-signals.json (PAN-660763, OnlineDA))
Dated public signals compiled for this suburb — openings, closures, site sales and institutional moves. Facts with sources, not forecasts.
School catchments
Alexandria Park CS (primary) · Alexandria Park CS (secondary)
6 primary schools within 2 km · ICSEA ~1105 — 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 Waterloo — addresses near a boundary can differ. 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.