402/32 Alice St · Newtown NSW 2042

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Newtown suburb ← Back to board

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

CONSERVATIVE
$984k
the calibrated floor
LIKELY FAIR RANGE
$984k–$1.22M
around $1.1M mid
STRETCH CAP
$1.22M
$1.42M on the wider 80% band

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

AddressConfigSoldWhen
2/131-147 Alice St2 bd · 1 ba$1.43MJune 2025
5/70-74 Wilson St2 bd · 1 ba$1.46MMay 2025
45/3-13 Erskineville Rd2 bd · 2 ba$1.28MMay 2025
2/1-3 Queen St2 bd · 1 ba$1.16MMay 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 weekResultPriceAgency
1 Aug 2026Sold prior$1,060,000Raine & Horne Newtown
18 July 2026PostponedwithheldRaine & 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

AddressSoldPriceBedsAgency
19/15-17 Erskineville Road11 Aug 2022$900,0002Harris Partners
90 Hordern Street16 Dec 2021$1,500,0002Harris 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.

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.