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This property has been sold for $1,512,000 on 9 Sept 2026

50 days on market

Market context at sale

Suburb cycle phase
Rising
RBA cash rate
4.35%
Suburb median (September 2026)
$2,410,000(-37%)

Listing journey

Essentials

This property went through 1 price reduction over 50 days on market. See what it first asked, every reduction along the way, and what it finally sold for.

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21 Wells Street, Redfern, NSW, 2016

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Asking Price

$1,550,000

2 Beds1 Baths0 Cars
Land: 94 m2
Floor: 78 m2
Built: 1900

Property overview

This 2-bedroom house at 21 Wells Street in Redfern, NSW 2016 sold for $1.5M in September 2026, with 1 bathroom. It offers a 94 m2 block and 78 m2 of internal living space. The house was built in 1900. Redfern sits about 2.7 km from the CBD, where the median house price is $2.4M. Council data records heritage overlay on the site. 130 schools sit within about 5km, and the area scores 92 for walkability and 99 for transit out of 100.

For sale now

Recently sold nearby

Signal summary

A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.

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Based on $1,550,000 asking signal.

Signals use available listing and suburb data. They are not personal financial advice.

  • Planning overlay risk

Listed

Updated

Days on market

50

Latest price change

Listed at $1,550,000

Investment Score

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Redfern at a glance

House market signals | NSW 2016

Full suburb profile

Median

$2.4M

Market signals

To CBD

3 km

Est. Valuation

$1,631,919

Potential Sell Price

Est. Rent/wk

$911

Potential Gross Yield

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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.

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Key Highlights

Priced 34% below suburb median
Vacancy rate 1.3%
Character home (built 1900)
Going to auction
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Planning Overlays

Overlays Detected

Subdivision & Development Potential

R1General Residential

Indicative assessment only. Consult your local council planning department for definitive subdivision information.

From the listing description

Facts the agent has stated in the property description. Each item is attributed - click “View source” to see the original wording and verify against the listing.

Recently renovated

Total Cost to Purchase

Purchase Price
$1,550,000
Stamp Duty (New South Wales)
$67,263
Transfer/Registration Fee
$400
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Total Cash Required
$1,620,363

Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.

Listing Details

Listed
Last Updated
Postcode
2016

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