Currently listed
2 bed · 1 bath · 2 car · ApartmentUnitFlat
The Property Brief — what the evidence shows. You draw the conclusion.
Confidence: Low — based on 153 comparable auction sales (10 of this exact configuration) · model runs ±11% 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
What we've tracked
- 20 Aug 2026 first tracked by our radar (the portal doesn't publish its list date)
- 27 Aug 2026 on market 7+ days — first tracked by us, a lower bound
Comparable auction sales
| Address | Config | Sold | When |
|---|---|---|---|
| 48/90 St Georges Cr | 2 bd · 1 ba | $1.9M | Sept 2025 |
| 13/9 Napier St | 2 bd · 1 ba | $1.54M | June 2025 |
| 3/64-66 Wrights Rd | 2 bd · 1 ba | $1.9M | May 2025 |
| 208/42C Formosa St | 2 bd · 2 ba | $1.2M | May 2025 |
| 23/18 Wolseley St | 2 bd · 1 ba | $1.29M | May 2025 |
| 23/26 Tranmere St | 2 bd · 1 ba | $1.06M | May 2025 |
Suburb risk flags
crime index: 41 — around sydney average · 1 min walk to Drummoyne Wharf · ~22 min ferry to the CBD · ferries ~every 9 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 Drummoyne — 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
⏱ Days on market — this campaign
7 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.
Local rents — postcode 2047 units, new tenancies
$868/week median new-tenancy unit rent in 2047 (2026Q2, 102 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 — Drummoyne units at auction
Measured like-for-like growth ≈ 4.5%/yr — 2-bed sold-price medians across 16 quarters (91 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.
Agencies' own published sales nearby — Drummoyne, around 2 beds
| Address | Sold | Price | Beds | Agency |
|---|---|---|---|---|
| 1/8-8a Moore Street | by 16 Aug 2026 | $1,945,000 | 3 | Laing+Simmons |
| 23/90 St Georges Crescent | 24 Mar 2026 | $1,600,000 | 2 | Harris Partners |
| 2/15a Wrights Road | 9 Aug 2022 | $1,215,000 | 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.
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.
The building — its registered strata scheme
Strata plan SP5197 registered 1971 — the building is at least 55 years old · 12 lots in the scheme.
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 Drummoyne — recent local signals
2026-07-07 — Health invest — 19-23 LYONS ROAD DRUMMOYNE 2047 ($335k) (institutional-signals.json (PAN-653967, OnlineDA))
Dated public signals compiled for this suburb — openings, closures, site sales and institutional moves. Facts with sources, not forecasts.
School catchments
Drummoyne PS (primary) · SSC Balmain (secondary)
5 primary schools within 2 km · ICSEA ~1131 — the socio-educational advantage of the school community (My School, national average ~1000): a demographic measure, never a results or quality score.
Suburb-centre approximation for Drummoyne — addresses near a boundary can differ. 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.