The Property Brief — what the evidence shows. You draw the conclusion.
Confidence: High — based on 151 comparable auction sales (23 of this exact configuration) · model runs ±11% for this configuration · the model's typical miss is ~11% against published results — every hit and miss
Comparable auction sales
| Address | Config | Sold | When |
|---|---|---|---|
| 2/131-147 Alice St | 2 bd · 1 ba | $1.43M | June 2025 |
| 5/70-74 Wilson St | 2 bd · 1 ba | $1.46M | May 2025 |
| 45/3-13 Erskineville Rd | 2 bd · 2 ba | $1.28M | May 2025 |
| 2/1-3 Queen St | 2 bd · 1 ba | $1.16M | May 2025 |
Suburb risk flags
crime index: 87 — well above sydney average · 1 min walk to Newtown · ~8 min train to the CBD · trains ~every 4 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 Newtown — suburb × configuration matches, not hyper-matched to this address
- Risk flags: suburb-level overlays (BOCSAR crime, flood/bushfire intel, aircraft bands, GTFS transit) — NOT a per-parcel assessment
Local rents — postcode 2042 units, new tenancies
$680/week median new-tenancy unit rent in 2042 (2026Q2, 175 bonds lodged).
The rent is real (NSW Fair Trading bond lodgements, CC BY) but it pools every bedroom count in the postcode and this is a 2-bed — so we don't derive a yield % from it: a ratio of two different grains reads as precision it doesn't have. New-tenancy rents also run hotter than sitting rents. Not financial advice.
Growth trend — Newtown units at auction
Measured like-for-like growth ≈ -3.1%/yr — 1-bed sold-price medians across 15 quarters (51 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 week | Result | Price | Agency |
|---|---|---|---|
| 1 Aug 2026 | Sold prior | $1,060,000 | Raine & Horne Newtown |
| 18 July 2026 | Postponed | withheld | Raine & Horne Newtown |
From Domain's published weekly auction results — individual outcomes as published; withheld prices stay withheld.
Agencies' own published sales nearby — Newtown, around 2 beds
| Address | Sold | Price | Beds | Agency |
|---|---|---|---|---|
| 19/15-17 Erskineville Road | 11 Aug 2022 | $900,000 | 2 | Harris Partners |
| 90 Hordern Street | 16 Dec 2021 | $1,500,000 | 2 | Harris Partners |
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.
Planning & zoning — R2 Low Density Residential
Houses and dual occupancies. A protected low-rise street — little chance of towers next door.
Zone R2 (Low Density Residential) under the INNER WEST 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 |
|---|---|---|---|---|---|
| ~44 m · 159 Alice Street Newtown 2042 | Dwelling House, Alterations Or Additions To An Existing Building Or Structure, Residential Accommodation · 1 new dwelling | Under Assessment | not on record | $665k | 2026-06-24 |
| ~79 m · 188 Edgeware Road Newtown 2042 | Alterations And Additions To Residential Development · 1 new dwelling | Determined | Approved | $160k | 2020-07-31 |
| ~96 m · 168 Camden Street Enmore 2042 | Balconies, Decks, Patios, Terraces Or Verandahs, Demolition, Alterations And Additions To Residential Development | Determined | Refused | $94k | 2020-01-15 |
| ~109 m · 180 Camden Street Enmore 2042 | Dual Occupancy, Pools / Decks / Fencing, Balconies, Decks, Patios, Terraces Or Verandahs · 2 new dwellings | Determined | Approved | $1k | 2020-08-26 |
| ~129 m · 65 Laura Street Newtown 2042 | Alterations And Additions To Residential Development · 1 new dwelling | Determined | Approved | $300k | 2020-04-22 |
| ~149 m · 113 Alice Street Newtown 2042 | Dwelling House, Alterations Or Additions To An Existing Building Or Structure | Determined | not on record | $278k | 2026-04-08 |
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.
What's changing in Newtown — recent local signals
2026-03-10 — Childcare new — 20-28 MUNNI STREET NEWTOWN 2042 ($1053k) (institutional-signals.json (PAN-617522, OnlineDA))
Dated public signals compiled for this suburb — openings, closures, site sales and institutional moves. Facts with sources, not forecasts.
School catchments
Camdenville PS (primary) · Newtown HS of Performing Arts (secondary)
11 primary schools within 2 km · ICSEA ~1097 — 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.
Green space nearby
Protected public recreation land within 100 m
Land zoned RE1 under the local environmental plan — reserved for public recreation, which protects it from being built over. The zoning doesn't say what's on it or how usable it is, and this layer doesn't carry park names.
Privately-zoned recreation land (RE2 — typically golf courses or club grounds) within 250 m. Private land: green outlook, not public open space.
Straight-line distance, not walking distance. NSW ePlanning planning layers (Land Zoning), CC BY. Distances are ladder buckets measured at the address's geocoded point.
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.