Rhodes, 2138 ranked 372th in NSW when comparing growth in median property values or capital gain over the last 12 months. Rhodes is one of 3163 in our list for NSW
Over the longer term, Rhodes has seen property prices show investors a 29.63% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Rhodes, 2138. Typically our figures indicate that -4.05% is being offered, which puts this NSW suburb at 987th most discounted overall in Australia.
Rhodes is 317th on a list of best yielding suburbs for rents in NSW with a 3.86% return
While it’s only 20km from the Sydney CBD, Rhodes doesn’t seem to be attractive to tenants right now.Full summary
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While it’s only 20km from the Sydney CBD, Rhodes doesn’t seem to be attractive to tenants right now.Close
The vacancy rate of the inner-west suburb is getting dangerously close to double figures, sitting at 8.65%. Rhodes’ high vacancy rate might have something to do with the high proportion of apartments in the area.
According to ABS statistics, there are more than 1,800 apartments in the suburb, which account for over 57% of its housing stock.
While Rhodes is not currently popular with tenants, there are many amenities in the area that could help it attract more tenants in the future.
Rhodes is on the banks of the Parramatta River and serviced by the North Shore train line.
The Concord Hospital is nearby and there is good shopping available at the Rhodes Waterside Shopping Centre.