The listing we observed
2 bedrooms · ApartmentUnitFlat
Listing details describe the advertised home. They do not verify its condition or approved use.
Jack Zhao · last observed 12 Oct 2026← swipe · 10 photos
Currently listed
2 bed · 2 bath · 1 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
25 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 2026-09-15Planning activity nearby
6 recorded applications at or near this address
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 areaWhat deserves a closer look
- listed by the agency (portal 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 nearby applications affect this home, and what stage has each actually reached?
- 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?
- Do the planning and heritage records match this exact lot, and what approvals exist for alterations?
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
$1.02M
the calibrated floor
LIKELY FAIR RANGE
$1.02M–$1.26M
around $1.13M mid
STRETCH CAP
$1.26M
$1.43M on the wider 80% band
Confidence: Low — based on 25 comparable auction sales (5 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
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: 25 sales in the wider suburb/type pool; 5 of this exact configuration
- When to be more cautious: Condition, aspect, renovation and the contract are not model inputs and can move the eventual sale price.
Comparable auction sales
| Address | Config | Sold | When |
|---|---|---|---|
| 77 Shoreline Dr | 2 bd · 2 ba | $1.15M | Dec 2024 |
| 408/17 Jean Wailes Av | 2 bd · 2 ba | $940k | Dec 2024 |
| B402/10-16 Marquet St | 2 bd · 2 ba | $725k | Nov 2024 |
Suburb risk flags
crime index: 45 — around sydney average · 1 min walk to Rhodes · ~18 min train to the CBD · trains ~every 8 min at peak
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 Rhodes — 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
What changed recently?
- 31 May 2025 listed by the agency (portal date)
- 13 Oct 2026 on market 499 days — portal listing date
What to inspect before you offer
- Condition, aspect, renovation and the contract — these can materially change price, and the estimate cannot see them.
- 6 development applications are recorded at or near this address — check the source records and current status.
- Planning controls and heritage status — confirm the exact lot, not just the address-level guide, before relying on development potential.
- 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
499 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.
Rent evidence — asking vs transacted, Rhodes · postcode 2138
$900–$1050/wk is what 2-bed units in 2138 actually transact for (middle half of 159 bonds lodged, Q2 2026 · median $960/wk — NSW Fair Trading, CC BY).
2019Q1 → 2026Q2: $620 → $930/wk · +3% over the last 12 months (latest four quarters averaged against the previous four) — quarterly new-tenancy medians for units in 2138, 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 — Rhodes units at auction
Not enough Rhodes 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.
Agencies' own published sales nearby — Rhodes, around 2 beds
| Address | Sold | Price | Beds | Agency |
|---|---|---|---|---|
| 1703/87 Shoreline Drive | by 17 Aug 2026 | $960,000 | 2 | Meriton |
| 916/6 Marquet Street | by 17 Aug 2026 | $850,000 | 2 | Meriton |
| 317/89 Shorline Drive | by 17 Aug 2026 | $620,000 | 1 | Meriton |
| 345/2 Mill Park St | by 17 Aug 2026 | $825,000 | 2 | Meriton |
| 907/36 Walker Street | by 16 Aug 2026 | $1,277,000 | 3 | Laing+Simmons |
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.
Planning & zoning — MU1 Mixed Use
Shops/offices below, apartments above. Walkable and lively, but denser and busier.
Zone MU1 (Mixed Use) under the CANADA BAY 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 |
|---|---|---|---|---|---|
| ~48 m · 16 Walker Street Rhodes 2138 | Boarding House, Business Premises, Retail Premises · 27 new dwellings | Withdrawn | not on record | $4.04M | 2020-09-25 |
| ~48 m · 16 Walker Street Rhodes 2138 | Demolition, Pub, Erection Of A New Structure | Determined | not on record | $16.06M | 2026-05-19 |
| ~56 m · 24 Walker Street Rhodes 2138 | Residential Flat Building, Change Of Use Of Land Or A Building Or The Classification Of A Building Under The Building Code Of Australia · 1 new dwelling | Determined | not on record | — | 2026-01-08 |
| ~84 m · 6 Walker Street Rhodes 2138 | Other | Determined | Approved | — | 2022-03-30 |
| ~84 m · 6 Walker Street Rhodes 2138 | Restaurant Or Cafe, Advertising And Signage | Determined | not on record | $11k | 2026-09-21 |
| ~84 m · 6 Walker Street Rhodes 2138 | Restaurant Or Cafe, Hours Of Operation And Trading | Additional Information Requested | not on record | $6k | 2026-10-07 |
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: 1-9 Marquet Street, Rhodes (130m — SSD-71999463)
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.
What's changing in Rhodes — recent local signals
2026-09-24 — Development site — listing's own words: "stca" (35 Cavell Avenue, Rhodes, NSW 2138) (listing rea-152349992 (rea), first seen 2026-09-24)
2026-08-24 — Development site — listing's own words: "STCA" () (listing rea-148524820 (rea), first seen 2026-08-24)
2026-08-14 — DA-approved site — listing's own words: "DA-approved" (33-41 Blaxland Rd, Rhodes, NSW 2138) (listing rea-600042100 (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.
School catchments
Concord WPS (primary) · Wentworth Point HS (secondary)
3 primary schools within 2 km · ICSEA ~1086 — 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.