Rushcutters Bay is a smaller suburb in New South Wales within the Sydney local government area (postcode 2011). With a population of 2,335, the suburb has an established demographic with a median age of 38. Households earn a median income of $98K per year, with an average household size of 1.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Rushcutters Bay is $3.1 million, having dropped significantly 43.6% over the past year. Units have a median price of $1.1 million (+24.7% YoY). The current median weekly rent is $792. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $2,600.
Public transport access includes 3 bus stops. The crime rate in the Sydney LGA is moderate at 7,409 incidents per 100,000 population.
From an investment perspective, Rushcutters Bay offers a gross rental yield of 1.3%, rated as low yield. Property prices are above the state median ($3.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 31.8x is considered stretched. House prices have moved -43.6% year-on-year.
Rushcutters Bay is a smaller suburb in New South Wales within the Sydney local government area (postcode 2011). With a population of 2,335, the suburb has an established demographic with a median age of 38. Households earn a median income of $98K per year, with an average household size of 1.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Rushcutters Bay is $3.1 million, having dropped significantly 43.6% over the past year. Units have a median price of $1.1 million (+24.7% YoY). The current median weekly rent is $792. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $2,600.
Public transport access includes 3 bus stops. The crime rate in the Sydney LGA is moderate at 7,409 incidents per 100,000 population.
From an investment perspective, Rushcutters Bay offers a gross rental yield of 1.3%, rated as low yield. Property prices are above the state median ($3.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 31.8x is considered stretched. House prices have moved -43.6% year-on-year.