5 Nerang St · Ryde NSW 2112

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Currently listed — $2,000,000 ▼ Reduced 11% · $250k · 8 days ago

6 bed · 2 bath · 2 car · House · 582 m² land

Asking price cut 11% ($250k, from $2,250,000 to $2,000,000) 8 days ago. The vendor has already moved once: negotiate below the NEW asking, not at it.

View the live listing →

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.

The listing we observed

6 bedrooms · House

Listing details describe the advertised home. They do not verify its condition or approved use.

Neil Robson · last observed 12 Nov 2026

What deserves a closer look

  • price cut $250k — to $2M
  • auction: Passed in (Cassidy Real Estate)
  • asking $2.25M

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: its comparable pool disagrees with the advertised figure by more than 40%, and on our sold-validation set the advertised guide — not the model — predicted the sale in these cases. The comparable pool is likely describing different 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.

  1. Which recent sales are most comparable to this home, and how do their size, condition and position differ?
  2. What repairs, alterations or water issues are documented, and what can an independent inspection verify?

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: its comparable pool disagrees with the advertised figure by more than 40%, and on our sold-validation set the advertised guide — not the model — predicted the sale in these cases. The comparable pool is likely describing different stock than what is being sold.

Comparable auction sales

AddressConfigSoldWhen
1 Bruce St6 bd · 6 ba$3.02MJune 2025

Suburb risk flags

crime index: 33 — below sydney average · 24 min walk to Meadowbank · ~20 min train to the CBD · trains ~every 8 min at peak

Where every number comes from
  • Comps: published Domain auction results for Ryde — 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?

  • 2 Oct 2026 first tracked by our radar (the portal doesn't publish its list date)
  • 7 Oct 2026 asking $2.25M
  • 31 Oct 2026 auction: Passed in (Cassidy Real Estate)
  • 6 Nov 2026 price cut $250k — to $2M
  • 15 Nov 2026 on market 43+ 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.

These are due-diligence prompts, not a verdict on this property.

Days on market — this campaign

43 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, Ryde · postcode 2112

$1500–$2000/wk is what 5-bed houses in 2112 actually transact for (middle half of 13 bonds lodged, Q2 2026 · median $1900/wk — NSW Fair Trading, CC BY).


2019Q1 → 2026Q2: $692 → $1040/wk · +6% over the last 12 months (latest four quarters averaged against the previous four) — quarterly new-tenancy medians for houses in 2112, 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.

Land — for a house, the land is the asset

582 m²

A house's size is its land. An apartment's advertised "size" can include car space and balcony — the two are never comparable and this site never pools them. Lot details and planning controls sit under Explore the area.

Published auction results at this address

Auction weekResultPriceAgency
31 Oct 2026Passed inwithheldCassidy Real Estate

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

Similar properties — on the market now

The 6 listings above are on the market now: same house category, within 1 bedroom of 6, asking within 20% of this one, in Ryde 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.

It passed in — what happens next — the question the listing stops at

Across Sydney, homes that passed in and later sold went for about 8% less than comparable homes that sold under the hammer.

Half sold within 34 days, 75% within three months.

Like-for-like within bedroom and property-type groups · 46 comparison groups across Sydney, sales settled in the last two years. Based on passed-in homes that later sold. Homes that never sold aren't in the figure, so read this as what a sale fetches — not what the home is worth. Passing in is a negotiating position, not a verdict — this is evidence about outcomes, never advice on what to offer.

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.