What to inspect before you offer
- Condition, aspect, renovation and the contract — these can materially change price, and the estimate cannot see them.
- 5 development applications are recorded at or near this address — check the source records and current status.
- Planning controls and heritage status — confirm the exact lot, not just the address-level guide, before relying on development potential.
- 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.
Rent evidence — asking vs transacted, Ashfield · postcode 2131
$900–$1050/wk is what 3-bed units in 2131 actually transact for (middle half of 13 bonds lodged, Q2 2026 · median $960/wk — NSW Fair Trading, CC BY).
2019Q1 → 2026Q2: $490 → $690/wk · +6% over the last 12 months (latest four quarters averaged against the previous four) — quarterly new-tenancy medians for units in 2131, 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 — Ashfield units at auction
Measured like-for-like growth ≈ 6.6%/yr — 2-bed sold-price medians across 17 quarters (241 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 |
|---|---|---|---|
| 28 Mar 2026 | Sold prior | $2,085,000 | — |
From Domain's published weekly auction results — individual outcomes as published; withheld prices stay withheld.
Agencies' own published sales nearby — Ashfield, around 3 beds
| Address | Sold | Price | Beds | Agency |
|---|---|---|---|---|
| 12/46 Alt Street | 14 Oct 2025 | $1,030,000 | 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.
Sale history — the official settled-sale record at this address
| Exchanged | Price | Change since prior sale |
|---|---|---|
| 19 Mar 2026 | $2,085,000 | — |
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.
Heritage-listed — Semi-detached houses, including interiors. This building is individually heritage-listed by council. External changes need heritage approval and demolition is off the table — protective, but it limits what you can do.
Height limit 12.5m (≈ 4 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 0.7:1 — the maximum gross floor area you can build is 0.7:1 times the site area.
Registered lot B/DP445524 — The registered plan lot at this address's geocoded point (NSW cadastre). On semis, duplexes and recent subdivisions the registered lot can be the parent parcel — the portal's advertised land size can differ legitimately.
Zone R3 (Medium Density Residential) under the INNER WEST LEP · heritage from the NSW Heritage Map layer, as recorded against this property in the NSW Valuer General's valuation record — 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 |
|---|---|---|---|---|---|
| ~19 m · 51 Ormond Street Ashfield 2131 | Alterations Or Additions To An Existing Building Or Structure, Electricity Generating Facility (Solar And Wind) | Withdrawn | not on record | $19k | 2025-11-06 |
| ~30 m · 47 Ormond Street Ashfield 2131 | Demolition, Multi-Dwelling Housing, Subdivision · 3 new dwellings | Determined | not on record | $2.04M | 2025-04-04 |
| ~121 m · 37 Liverpool Road Ashfield 2131 | Boarding House · 1 new dwelling | Withdrawn | not on record | $5k | 2020-07-29 |
| ~121 m · 37 Liverpool Road Ashfield 2131 | Co-Living Housing · 7 new dwellings | Determined | not on record | — | 2022-12-20 |
| ~148 m · 11 St Davids Road Haberfield 2045 | Demolition, Residential Flat Building, Commercial Development · 4 new dwellings | Under Assessment | not on record | $5.91M | 2026-04-07 |
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 Ashfield — recent local signals
2026-08-17 — Development site — listing's own words: "STCA" (4 Tideswell Street, Ashfield, NSW 2131) (listing rea-151884780 (rea), first seen 2026-08-17)
2026-08-17 — Development site — listing's own words: "development potential (STCA)" (51 Palace Street, Ashfield, NSW 2131) (listing rea-152011664 (rea), first seen 2026-08-17)
2026-08-17 — Development site — listing's own words: "development potential (STCA)" (24 Milton Street North, Ashfield, NSW 2131) (listing rea-151535216 (rea), first seen 2026-08-17)
Dated public signals compiled for this suburb — openings, closures, site sales and institutional moves. Facts with sources, not forecasts.
School catchments
Haberfield PS (primary) · Ashfield BHS (secondary)
7 primary schools within 2 km · ICSEA ~1094 — 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 1000 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.