Real Estate Rhodes NSW 2138

Real Estate Market: Is Rhodes NSW 2138 a Good Suburb to Buy Into?

Housing Market in Rhodes

Key Rhodes Metrics & Forecast to 2028

Sources: Property Listings, TORREN and Microburbs, 2002 - 2023

Field	Value	VS Sydney	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$1,040	Top 3%	200% to Mar 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Rhodes

Rhodes Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS, BASIX and Microburbs, 2002 - 2031

Rhodes

32.7%

Sydney

33.9%

Compare
Suburbs

Field	Value	VS Sydney	Trend
Development applications	27.2	Top 21%	91% to Jun 2025
Developments	0.1	Bottom 23%	Data for Jul 2023
Housing Stock Quality Indicator	98.4	Top 1%	Data for May 2023
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
New Dwellings	2	Bottom 14%	85% to Dec 2020
Number of Subdivisions	2 lots	Bottom 19%	Data for Oct 2021
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Proportion of subdividable properties	Premium	Premium	Premium
Stock on Market	58	Top 1%	346% to Feb 2025

Housing Stock Quality in Rhodes

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings, BASIX and Microburbs, 2006 - 2023

Field	Value	VS Sydney	Trend
Houses	3.2%	Bottom 0%	65% to Jan 2021
Average bedrooms - all homes	2.2	Bottom 26%	4% to Jan 2021
NBN connection: fibreoptic cable to node	1.9%	Top 20%	Data for Jun 2023
Median land to asset ratio	Premium	Premium	Premium

Development Restrictions in Rhodes

Rhodes Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023

Rhodes

56.1%

Sydney

39.0%

Compare
Suburbs

Field	Value	VS Sydney	Trend
Total area	1.3 sq km	Bottom 13%	Data for Jan 2021
Average floor space ratio (zoning)	1.70	Top 9%	Data for Feb 2023
Environmental conservation area proportion	0.1%	Top 32%	Data for Jun 2023
Heritage sites	23	Top 8%	Data for Jun 2023
Residential density	219 sqm per resident	Bottom 4%	Data for Jan 2021

Risk in Rhodes

Rhodes Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Rhodes

56.8

Sydney

55.6

Compare
Suburbs

Field	Value	VS Sydney	Trend
% Owner Occupied	48.0%	Bottom 0%	0% to May 2023
% Rentals	52.0%	Top 1%	0 to May 2023
Housing Affordability Index	109	Top 1%	Data for Jun 2023
Median monthly mortgage	$2,560	Top 21%	12% to May 2023
Rent Affordability Index (Houses)	61	Bottom 2%	Data for Jun 2023
Rent Affordability Index (Units)	49	Bottom 1%	Data for Jun 2023
Mortgage as a percent of income	26.3%	Top 28%	12% to Jan 2021
Mortgaged Dwellings	31.1%	Bottom 28%	11% to May 2023

Housing Demand in Rhodes

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 1975 - 2030

Rhodes

86.8%

Sydney

87.0%

Compare
Suburbs

Field	Value	VS Sydney	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	19100	Top 22%	91% to Dec 2041
Historical Population (SA3)	88700	Top 34%	44% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	116000	Top 15%	87% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium
Vacancy rate	Premium	Premium	Premium

Unit Market in Rhodes

Rhodes Unit Investor Report

Sample Graphic

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Sydney	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$859	Top 1%	145% to Mar 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	34.3%	Bottom 1%	55% to Mar 2025

Accommodation Options (1)

Headline	Place	Datetime
Cambridge Management Services	3 Rider Blv

Realtors (4)

Headline	Place	Datetime
Golden Genius Global Development Pty Ltd
Katharine Ye Pty Ltd	Level 8/ 5 Rider Blvd
Raine & Horne Rhodes	Shop 6/1 Gauthorpe St
Rhodes Realty	3 Rider Blv

Median House Rental Prices by Street (7)

Level_0	Street	Date	Median rent (per week)
83846	Blaxland Rd	13 Mar 2025	$875
83927	Concord Rd	13 Mar 2025	$775
83895	Cavell Ave	13 Mar 2025	$850
84294	Rider Bvd	13 Mar 2025	$1,550
84319	Shoreline Dr	13 Mar 2025	$1,645

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
7 Rider Bvd	$1,195,000	2.0	2.0	1.0	13 Nov 2024	On Market
37 Llewellyn St	$4,500,000	3.0	1.0	2.0	29 Oct 2024	On Market
1 Timbrol Ave	$938,000	2.0	2.0		07 Aug 2024	On Market
72 Llewellyn St	$3,150,000	4.0	3.0	2.0	01 Jun 2024	On Market
Unit 1, 9-11 Llewellyn St	$1,600,000	3.0	2.0	2.0	04 May 2024	On Market

Planning Applications: Other (61)

Headline	Place	Date
Alterations and signage to a previously approved specialised retail premises. - City of Canada Bay DA2025/0043	9 - 11 Leeds Street, Rhodes NSW 2138	07 Mar 2025
Proposed home business for traditional Chinese medicine clinic - City of Canada Bay DA2025/0022	14 Rider Boulevard, Rhodes NSW 2138	04 Feb 2025
The proposed development involves the removal of existing combustible ACP cladding panels from selected areas of the façade and replacement of new cladding to comply with the relevant BCA Standards and relevant Australian Standards. - City of Canada Bay DA2025/0004	1 Rider Boulevard, Rhodes NSW 2138	12 Jan 2025
The proposal seeks consent for the installation of 6 EV charging stations for IKEA operated last-mile delivery services - City of Canada Bay DA2024/0210	1 Rider Boulevard, Rhodes NSW 2138	09 Nov 2024
The proposal seeks consent for the installation of 6 EV charging stations for IKEA operated last-mile delivery services - City of Canada Bay DA2024/0210	1 Rider Boulevard, Rhodes NSW 2138	09 Nov 2024

Planning Applications: Dwellings (32)

Headline	Place	Date
Integrated Development under the Water Management Act 2000 for demolition of existing structures (including three (3) existing dwellings), tree removal, construction of a three (3) level basement for 34 car parking spaces, 4 visitor spaces, 68 bicycle parking spaces and eight (8) motor cycle parking spaces, on-site loading bay with turntable for HRV access, construction of 34 dwellings, comprising 30 apartments (including five (5) adaptable apartments) and four (4) multi-dwelling housing (terraces), on-site landscaping, residential amenities and building services - NSW Sydney and Regional Planning Panels PPSSEC-364	2 Denham Street Rhodes 2138, NSW	07 Feb 2025
Demolition of existing buildings, tree removal and remediation works - City of Canada Bay DA2025/0015	28 Cavell Avenue, Rhodes NSW 2138	29 Jan 2025
Demolition of existing structures, construction of 4 x 4 storey terraces with basement car parking, rooftop terraces and related landscaping. Strata Subdivision into 4 lots plus common property - City of Canada Bay DA2025/0005	37 Cavell Avenue, Rhodes NSW 2138	17 Jan 2025
Demolition of existing dwelling and structures, and the construction of a three-two storey dwelling with in-ground swimming pool and associated landscaping - City of Canada Bay DA2024/0244	49 Llewellyn Street, Rhodes NSW 2138	18 Dec 2024
Demolition of obsolete toilet block and removal of tree and replacement planting - City of Canada Bay DA2024/0227	1 P Mary Street, Rhodes NSW 2138	30 Nov 2024

LGA Details (1)

Headline	Place	Datetime
Local government area	Canada Bay

Businesses (70)

Name	Address
Paynter Dixon	5 Rider Blvd, Rhodes NSW 2138, Australia
Gledhill Constructions Pty Ltd.	13 Leeds St, Rhodes NSW 2138, Australia
Frasers Property Australia - Sydney Office	Level 2/1C Homebush Bay Dr, Rhodes NSW 2138, Australia
Kooshk Architect + Builder	104/14 Shoreline Dr, Rhodes NSW 2138, Australia
Rawson Homes Head Office (by appointment only)	Level 7/5 Rider Blvd, Rhodes NSW 2138, Australia

Percent of Renters by Street (25)

Percent of Renters	Street
0.0%	Alfred St
82.7%	Averill St
72.1%	Cavell Ave
73.7%	Blaxland Rd
63.8%	Gauthorpe St

Median Unit Sale Prices by Street (100)

Date	Median sale value	Street
10 May 2024	$905,000	Nina Gray Ave
10 May 2024	$1,005,000	Jean Wailes Ave
10 May 2024	$843,400	Gauthorpe St
10 May 2024	$1,235,000	Darling Ave
10 May 2024	$925,000	Shoreline Dr

Turnover Rate by Street (24)

Turnover rate	Street	Turnover Label	Turnover Years	Year
77.8%	Shoreline Dr	average turnover	Every 12.9 years (average turnover)	2025
98.3%	Marquet St	high turnover	Every 10.2 years (high turnover)	2025
71.1%	Nina Gray Ave	average turnover	Every 14.1 years (average turnover)	2025
66.7%	Llewellyn St	quite tightly held	Every 15.0 years (quite tightly held)	2025
75.9%	Walker St	average turnover	Every 13.2 years (average turnover)	2025

Median House Sale Prices by Street (100)

Street	Date	Median sale value
Llewellyn St	10 May 2024	$2,875,000
Cropley St	10 May 2024	$2,500,000
Mary St	06 Oct 2023	$1,279,000
Rider Bvd	06 Oct 2023	$1,082,000
Shoreline Dr	06 Oct 2023	$925,000

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 809, 8 Walker St	$1,060	2.0	2.0	1.0	11 Mar 2025
Unit 515, 91 Shoreline Dr	$870	2.0	2.0	1.0	11 Mar 2025
Unit 1210, 8 Walker St	$830	1.0	1.0	1.0	10 Mar 2025
Unit 607, 42 Walker St	$680	1.0	1.0	1.0	06 Mar 2025
Unit 607, 42 Walker St	$680	1.0	1.0	1.0	06 Mar 2025

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
477 Concord Rd	$730	2	1	3	24 Feb 2025
477 Concord Rd	$750	2	1	3	23 Feb 2025
477 Concord Rd	$730	2	1	3	23 Feb 2025
Unit 5, 9 Llewellyn St	$1,000	3	2	1	11 Feb 2025
Unit 5, 9 Llewellyn St	$1,000	3	2	1	11 Feb 2025

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
Unit 369, 8a Mary St	$955,000	2.0	2.0	1.0	07 Mar 2025	On Market
Unit 369, 8a Mary St	$955,000	2.0	2.0	1.0	07 Mar 2025	On Market
Unit 204, 2 Rider Bvd	$950,000	2.0	2.0	1.0	04 Mar 2025	On Market
Unit 1101, 42 Walker St	$860,000	2.0	1.0	1.0	04 Mar 2025	On Market
Unit 414, 44 Shoreline Dr	$850,000	2.0	1.0	1.0	04 Mar 2025	On Market