The Property Brief — what the evidence shows. You draw the conclusion.
Confidence: Low — based on 26 comparable auction sales (0 of this exact configuration) · model runs ±19% for this configuration · confidence held at Low — under 20 same-configuration sales · thin comparable support for this configuration — read the range as wider, not as a warning · the model's typical miss is ~11% against published results — every hit and miss
Comparable auction sales
| Address | Config | Sold | When |
|---|---|---|---|
| 1/132-134 Chuter Av | 3 bd · 2 ba | $1.2M | July 2024 |
| 4/126 Chuter Av | 3 bd · 2 ba | $1.14M | Mar 2024 |
Suburb risk flags
crime index: 38 — below sydney average · trains ~every 10 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 Ramsgate Beach — 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, Ramsgate Beach · postcode 2217
$850–$961/wk is what 3-bed units in 2217 actually transact for (middle half of 18 bonds lodged, Q2 2026 · median $895/wk — NSW Fair Trading, CC BY).
2019Q1 → 2026Q2: $490 → $700/wk · +4% over the last 12 months (latest four quarters averaged against the previous four) — quarterly new-tenancy medians for units in 2217, 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 — Ramsgate Beach units at auction
Not enough Ramsgate Beach unit auctions on record to show a trend — this fills in as the archive grows.
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 |
|---|---|---|---|
| 11 July 2026 | Sold | $1,405,000 | Stone Sans Souci |
From Domain's published weekly auction results — individual outcomes as published; withheld prices stay withheld.
Planning & zoning — MU1 Mixed Use
Shops/offices below, apartments above. Walkable and lively, but denser and busier.
Height limit 20.5m (≈ 6 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 2:1 — the maximum gross floor area you can build is 2:1 times the site area.
Zone MU1 (Mixed Use) under the BAYSIDE LEP, 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 |
|---|---|---|---|---|---|
| ~46 m · 2 Cook Park, Ramsgate Beach | Other | Determined | Approved | $667k | 2022-06-21 |
| ~56 m · 209 Ramsgate Road Ramsgate Beach 2217 | Retail Premise, Hours Of Operation And Trading | Determined | not on record | — | 2025-05-12 |
| ~77 m · 213 Ramsgate Road Ramsgate Beach 2217 | Advertising And Signage, Recreation Facility (Indoor) | Determined | not on record | $164k | 2025-06-23 |
| ~103 m · 1 Cook Park, Ramsgate Beach | Alterations Or Additions To An Existing Building Or Structure, Outdoor Dining - General, Food And Drink Premise | Determined | not on record | $5k | 2025-05-26 |
| ~127 m · 277 The Grand Parade Ramsgate Beach 2217 | Demolition, Hotel Or Motel Accommodation, Restaurant Or Cafe | Withdrawn | not on record | $78M | 2022-08-10 |
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.
The building — its registered strata scheme
Strata plan SP6112 registered 1972 — the building is at least 54 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.
School catchments
Ramsgate PS (primary) · Bayside HS (secondary)
2 primary schools within 2 km · ICSEA ~1062 — 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.