The listing we observed
2 bedrooms · ApartmentUnitFlat
Listing details describe the advertised home. They do not verify its condition or approved use.
Ray White - Erskineville | Alexandria | Glebe | Surry Hills · last observed 6 Oct 2026Camperdown suburb intelligence · all Sydney suburbs · building dossier









2 bed · 2 bath · 1 car · Apartment / Unit
Asking price cut 5.4% ($75k, from $1,400,000 to $1,325,000) 2 weeks ago. The vendor has already moved once: negotiate below the NEW asking, not at it.
Your buyer evidence guide
The useful records, what they mean, and the questions they leave open. Start here, then explore the evidence below.
The listing we observed
Listing details describe the advertised home. They do not verify its condition or approved use.
Ray White - Erskineville | Alexandria | Glebe | Surry Hills · last observed 6 Oct 2026How much price evidence fits
The wider pool is not a set of identical homes. Bedroom count, condition and location within the suburb affect comparability.
Published auction evidence · model trained through 2026-09-15Planning activity nearby
An application is not an approval or a promise that building work will happen. Location and stage matter.
NSW Planning Portal · individual records in Explore the areaThese are recorded events, not evidence of the seller's motivation.
Use these with the agent and your independent advisers. An answer is something to verify, not a fact we have recorded.
The estimate is a model output. The records are evidence. Your inspection and document checks fill the gaps.
This is a comparison with the evidence we hold, not a valuation or a recommended offer.
Confidence: High — based on 169 comparable auction sales (47 of this exact configuration) · model runs ±11% for this configuration
| Address | Config | Sold | When |
|---|---|---|---|
| 216/1 Missenden Rd | 2 bd · 1 ba | $800k | June 2025 |
| 4/25 Barr St | 2 bd · 2 ba | $1.43M | June 2025 |
| 602/1-3 Larkin St | 2 bd · 2 ba | $1.32M | June 2025 |
crime index: 100 — well above sydney average · 16 min walk to Newtown · ~8 min train to the CBD · trains ~every 4 min at peak
These are due-diligence prompts, not a verdict on this property.
$940–$1150/wk is what 2-bed units in 2050 actually transact for (middle half of 67 bonds lodged, Q2 2026 · median $1000/wk — NSW Fair Trading, CC BY).
2019Q1 → 2026Q2: $640 → $870/wk · +6% over the last 12 months (latest four quarters averaged against the previous four) — quarterly new-tenancy medians for units in 2050, 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.
Measured like-for-like growth ≈ 2.4%/yr — 1-bed sold-price medians across 16 quarters (55 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.
| Auction week | Result | Price | Agency |
|---|---|---|---|
| 12 Sept 2026 | Passed in | withheld | Ray White Erskineville | Alexandria | Glebe | Surry Hills |
| 22 Aug 2026 | Postponed | withheld | Ray White Erskineville | Alexandria | Glebe | Surry Hills |
From Domain's published weekly auction results — individual outcomes as published; withheld prices stay withheld.
| Address | Sold | Price | Beds | Agency |
|---|---|---|---|---|
| 203/7 Sterling Circuit | 26 Sept 2026 | $860,000 | 1 | Harris Partners |
| 35/5-13 Larkin Street | 25 May 2026 | $1,080,000 | 2 | Harris Partners |
| 24/5-13 Larkin Street | 16 Jan 2026 | $550,000 | 1 | Harris Partners |
| 202/1 Layton Street | 4 Apr 2025 | $850,000 | 1 | Harris Partners |
| 11/1 Barr Street | 22 Jan 2025 | $1,155,000 | 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.
The 6 listings above are on the market now: same unit category, within 1 bedroom of 2, asking within 20% of this one, in Camperdown 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.
Across Sydney, homes that passed in and later sold went for about 6% less than comparable homes that sold under the hammer.
Half sold within 33 days, 75% within three months.
Like-for-like within bedroom and property-type groups · 53 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.
A mix of housing types — houses through to apartments — permitted.
Heritage-listed — Kingston Fowler's Pottery Archaeological site. 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 20m (≈ 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 1.5:1 — the maximum gross floor area you can build is 1.5:1 times the site area.
Strata plan SP88943 · scheme parcel ~2,088 m² — A strata-titled scheme — the parcel area is the WHOLE scheme's land, not this unit's. From the NSW cadastre at this address's geocoded point.
Zone R1 (General Residential) under the INNER WEST 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.
| Where | Proposal | Status | Outcome | Est. cost | Lodged |
|---|---|---|---|---|---|
| ~33 m · 15b Australia Street Camperdown 2050 | Alterations And Additions To Residential Development · 1 new dwelling | Determined | Approved | $50k | 2021-05-06 |
| ~110 m · 2-6 Gantry Lane Camperdown 2050 | Health Services Facilities | Determined | Approved | $250k | 2020-09-02 |
| ~113 m · 11 Denison Street Camperdown 2050 | Change Of Use Of Land Or A Building Or The Classification Of A Building Under The Building Code Of Australia, Animal Care Premises, Animal Boarding Or Training Establishment · 1 new dwelling | Operational consent issued | not on record | — | 2025-08-29 |
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.
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.
2026-10-01 — Development site — listing's own words: "STCA" (50 Hopetoun Street, Camperdown, NSW 2050) (listing rea-152501548 (rea), first seen 2026-10-01)
2026-09-01 — Education departure — 8 MISSENDEN ROAD CAMPERDOWN 2050 ($1645k) (institutional-signals.json (PAN-670014, OnlineDA))
2026-08-14 — Development site — listing's own words: "STCA" (89-91 Fowler Street, Camperdown, NSW 2050) (listing rea-152052096 (rea), first seen 2026-08-14)
Dated public signals compiled for this suburb — openings, closures, site sales and institutional moves. Facts with sources, not forecasts.
Newtown NPS (primary) · SSC Blackwattle Bay (secondary)
10 primary schools within 2 km · ICSEA ~1098 — 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.
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.