Rhodes is a well-established suburb in New South Wales within the Canada Bay local government area (postcode 2138). With a population of 11,453, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $114K per year, with an average household size of 2.2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Chinese, Korean, English.
The median house price in Rhodes is $4.4 million, having surged 17.6% over the past year. Units have a median price of $1.1 million (+5.5% YoY). The current median weekly rent is $900. This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $2,500.
Public transport access includes 20 bus stops. The crime rate in the Canada Bay LGA is below average at 2,018 incidents per 100,000 population.
From an investment perspective, Rhodes offers a gross rental yield of 1.1%, rated as low yield. Property prices are above the state median ($4.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 38.6x is considered stretched. House prices have moved +17.6% year-on-year.
Rhodes is a well-established suburb in New South Wales within the Canada Bay local government area (postcode 2138). With a population of 11,453, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $114K per year, with an average household size of 2.2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Chinese, Korean, English.
The median house price in Rhodes is $4.4 million, having surged 17.6% over the past year. Units have a median price of $1.1 million (+5.5% YoY). The current median weekly rent is $900. This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $2,500.
Public transport access includes 20 bus stops. The crime rate in the Canada Bay LGA is below average at 2,018 incidents per 100,000 population.
From an investment perspective, Rhodes offers a gross rental yield of 1.1%, rated as low yield. Property prices are above the state median ($4.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 38.6x is considered stretched. House prices have moved +17.6% year-on-year.