The Property Brief — what the evidence shows. You draw the conclusion.
Confidence: Low — based on 124 comparable auction sales (6 of this exact configuration) · model runs ±12% for this configuration · confidence held at Low — under 20 same-configuration sales · the model's typical miss is ~11% against published results — every hit and miss
Comparable auction sales
| Address | Config | Sold | When |
|---|---|---|---|
| 20/57 Darlinghurst Rd | 2 bd · 1 ba | $1.07M | June 2025 |
| 5/97-99 Macleay St | 2 bd · 1 ba | $1.2M | June 2025 |
Suburb risk flags
crime index: 98 — well above sydney average · 12 min walk to Kings Cross · ~5 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 Potts Point — 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
Rent evidence — asking vs transacted, Potts Point · postcode 2011
$998–$1362/wk is what 2-bed units in 2011 actually transact for (middle half of 99 bonds lodged, Q2 2026 · median $1150/wk — NSW Fair Trading, CC BY).
2019Q1 → 2026Q2: $590 → $735/wk · +11% over the last 12 months (latest four quarters averaged against the previous four) — quarterly new-tenancy medians for units in 2011, 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 — Potts Point units at auction
Too few same-bed sales for a measured growth rate yet. Recent quarterly sold medians (all unit sizes — thin samples move these):
2024Q4 $850k (13) · 2025Q1 $950k (8) · 2025Q2 $1102k (22) · 2025Q3 $920k (3)
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 |
|---|---|---|---|
| 15 Aug 2026 | Postponed | withheld | Biller Property |
| 18 July 2026 | Postponed | withheld | Biller Property |
From Domain's published weekly auction results — individual outcomes as published; withheld prices stay withheld.
Planning & zoning — R1 General Residential
A mix of housing types — houses through to apartments — permitted.
Heritage-listed — Terrace house (97-99 Victoria Street). 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 15m (≈ 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 1.75:1 — the maximum gross floor area you can build is 1.75:1 times the site area.
Registered lot 7/DP1156935 · ~247 m² — 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.
Registered lots in Potts Point run 100–2,570 m² (middle 80% of 9 registered parcels). This one is 247 m² — inside that range.
Whether a block this size can be subdivided or redeveloped is a separate question: minimum lot size, setbacks and the council's DCP controls decide it, and this page doesn't check them. One point per registered parcel, so a tower's parent lot counts once — not once per unit. Confirm the parcel and its controls with the council before you inspect.
Zone R1 (General Residential) under the SYDNEY LEP · heritage from the NSW Heritage Map layer, 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 |
|---|---|---|---|---|---|
| ~37 m · 92 Victoria Street Potts Point 2011 | Alterations Or Additions To An Existing Building Or Structure, Multi-Dwelling Housing (Terraces), Residential Accommodation | Determined | not on record | $71k | 2025-08-04 |
| ~39 m · 85 Victoria Street Potts Point 2011 | Dwelling House, Alterations Or Additions To An Existing Building Or Structure | Additional Information Requested | not on record | $732k | 2026-04-15 |
| ~45 m · 86 Victoria Street Potts Point 2011 | Balconies, Decks, Patios, Terraces Or Verandahs · 1 new dwelling | Determined | Approved | $1k | 2020-10-22 |
| ~50 m · 89 103 Victoria Street Potts Point 2011 | Alterations And Additions To Residential Development · 1 new dwelling | Determined | Approved | $40k | 2020-07-14 |
| ~50 m · 101-115 Victoria Street Potts Point 2011 | Residential Flat Building, Alterations Or Additions To An Existing Building Or Structure · 1 new dwelling | Determined | not on record | $70k | 2026-03-03 |
| ~51 m · 73 Victoria Street Potts Point 2011 | Residential Flat Building, Alterations Or Additions To An Existing Building Or Structure | Determined | not on record | $959k | 2025-07-22 |
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
Active state-pipeline project within 150m: 203-225 Victoria Street, Potts Point (80m — SSD-128754740) · 203-225 Victoria Street, Potts Point (80m — SSD-84718460)
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).
This property sits within 150m of an active state-pipeline project. Adjacent construction — especially deep excavation — is a documented damage pathway for existing buildings (Mascot Towers). Get an independent structural and strata inspection, and ask the strata manager about the neighbouring works, before you commit.
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.
The building — its registered strata scheme
Strata plan SP22353 registered 1985 — the building is at least 41 years old · 312 lots in the scheme (large scheme — expect facilities and higher levies).
Registration is an age floor, not a build date — a converted building is older than its strata plan. Scheme records from the NSW Strata Hub. © State of New South Wales (Spatial Services, a business unit of the Department of Customer Service NSW). For current information go to spatial.nsw.gov.au.
What's changing in Potts Point — recent local signals
2026-05-18 — Health invest — 1 234 WILLIAM STREET POTTS POINT 2011 ($222k) (institutional-signals.json (PAN-640019, OnlineDA))
Dated public signals compiled for this suburb — openings, closures, site sales and institutional moves. Facts with sources, not forecasts.
School catchments
Plunkett St PS (primary) · Inner Sydney HS (secondary)
5 primary schools within 2 km · ICSEA ~1123 — 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.
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.