The listing we observed
2 bedrooms · ApartmentUnitFlat
Listing details describe the advertised home. They do not verify its condition or approved use.
DCMIL PROPERTY INVESTMENT GROUP - WEST MELBOURNE · last observed 28 Sept 2026
← swipe · 8 photos
Currently listed — $878,000
2 bed · 2 bath · 2 car · Apartment / Unit
Your buyer evidence guide
Understand the home before the offer.
The useful records, what they mean, and the questions they leave open. Start here, then explore the evidence below.
How much price evidence fits
30 sales in the wider suburb/type pool
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 2026-09-15What deserves a closer look
- asking $878k
- first tracked by our radar (the portal doesn't publish its list date)
These are recorded events, not evidence of the seller's motivation.
What we still cannot tell you
- No settled-sale history is available in this page's records. This does not mean the home has never sold.
- Direct price support is limited. Read the comparable sales and the estimate's uncertainty together.
- Public records and an automated estimate cannot establish whether the home is defect-free, what the contract contains, or why the owner is selling.
Questions to take to the inspection
Use these with the agent and your independent advisers. An answer is something to verify, not a fact we have recorded.
- Which recent sales are most comparable to this home, and how do their size, condition and position differ?
- What repairs, alterations or water issues are documented, and what can an independent inspection verify?
- What do the strata records show about current levies, planned works, meeting decisions and unresolved defects?
The estimate is a model output. The records are evidence. Your inspection and document checks fill the gaps.
Is the asking price plausible?
This is a comparison with the evidence we hold, not a valuation or a recommended offer.
CONSERVATIVE
$720k
the calibrated floor
LIKELY FAIR RANGE
$720k–$942k
around $820k mid
STRETCH CAP
$942k
$1.1M on the wider 80% band
Confidence: Low — based on 30 comparable auction sales (1 of this exact configuration) · model runs ±14% 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 ~10% against published results — every hit and miss
How this estimate was made
- Method: AI PropertyEye tree model · trained through 2026-09-15
- Inputs used for this home: no per-address records were available; this uses location and configuration only
- Comparable support: 30 sales in the wider suburb/type pool; 1 of this exact configuration
- When to be more cautious: This configuration has thin direct comparable support, so its range is deliberately wider.
Comparable auction sales
| Address | Config | Sold | When |
|---|---|---|---|
| 1907s/889 Collins St | 2 bd · 2 ba | $715k | Nov 2024 |
| 302/120 Studio La | 2 bd · 2 ba | $580k | Apr 2024 |
| 309/57 Spencer St | 2 bd · 1 ba | $680k | Mar 2024 |
| 304/815 Bourke St | 2 bd · 1 ba | $516k | Nov 2023 |
| 1704/8 Mccrae St | 2 bd · 2 ba | $640k | Nov 2023 |
| 171/8 Waterside Pl | 2 bd · 1 ba | $670k | Oct 2023 |
Where every number comes from
- Fair value: AI PropertyEye tree model 2026-09-02-v7-price-model-v6-full-grid, trained through 2026-09-15 — trained on 169,861 published auction sales; priced per address where this home's own records reach the model (see "How this estimate was made"), otherwise at configuration level (suburb × type × beds), not an appraisal of this exact home
- Comps: published Domain auction results for Docklands — 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
What changed recently?
- 27 Sept 2026 first tracked by our radar (the portal doesn't publish its list date)
- 27 Sept 2026 asking $878k
- 11 Oct 2026 on market 13+ days — first tracked by us, a lower bound
What to inspect before you offer
- Condition, aspect, renovation and the contract — these can materially change price, and the estimate cannot see them.
- 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.
⏱ Days on market — this campaign
13 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.
Growth trend — Docklands units at auction
Not enough Docklands 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.
Similar properties — on the market now
$878,000
1103/8 Waterview Walk
Docklands
3 bed · 2 bath · 2 car
$880,000
1101/81 South Wharf Drive
Docklands
2 bed · 2 bath · 2 car
$880,000
903/112 Adderley Street
West Melbourne · 1.7 km away
2 bed · 2 bath · 2 car
$880,000
3107/23 MacKenzie Street
Melbourne · 2.1 km away
2 bed · 2 bath · 2 car
$875,000
4001/151 City Road
Southbank · 2.3 km away
3 bed · 2 bath · 2 car
$874,000
1107/272 Normanby Road
South Melbourne · 2.3 km away
2 bed · 2 bath
The 6 listings above are on the market now: same unit category, within 1 bedroom of 2, asking within 20% of this one, in Docklands 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.
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.
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.