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Median values are calculated based on data over a 12 month period.

Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government.
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Market Report

Russell Lea has 79 houses available for sale. The median property price for a house is currently 3,185,000 with annual capital growth of 19.47 . There were 68 house sales in the past 12 months. On average, houses spend 37 days on market.

If you're thinking about buying an investment property in Russell Lea, consider that rental yields for houses are currently 1.94 with an average median rent of 990 weekly. Houses have seen 2.74 growth in the past quarter, and 19.47 growth in the past 12 months.

The size of Russell Lea is approximately 1 square kilometres. It has 6 parks covering nearly 1% of total area. The population of Russell Lea in 2011 was 4,779 people. By 2016 the population was 4,983 showing a population growth of 4.3% in the area during that time. The predominant age group in Russell Lea is 40-49 years.

Households in Russell Lea are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Russell Lea work in a professional occupation. In 2011, 72.3% of the homes in Russell Lea were owner-occupied compared with 72.2% in 2016.

Russell Lea has 22 units available for sale. The median property price for a unit is currently 1,294,000 with annual capital growth of 32.72 . There were 32 unit sales in the past 12 months. On average, units spend 30 days on market.

If you're thinking about buying an investment property in Russell Lea, consider that rental yields for units are currently 3.29 with an average median rent of 690 weekly. Units have seen -0.46 growth in the past quarter, and 32.72 growth in the past 12 months.

The size of Russell Lea is approximately 1 square kilometres. It has 6 parks covering nearly 1% of total area. The population of Russell Lea in 2011 was 4,779 people. By 2016 the population was 4,983 showing a population growth of 4.3% in the area during that time. The predominant age group in Russell Lea is 40-49 years.

Households in Russell Lea are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Russell Lea work in a professional occupation. In 2011, 72.3% of the homes in Russell Lea were owner-occupied compared with 72.2% in 2016.

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Key Market Data House Unit
Median price 3,185,000 1,294,000
Quarterly growth +2.74 -0.46
12-month growth +19.47 +32.72
Average annual growth +13.38 +8.51
Weekly median rent 990 690
Gross rental yield 1.94 3.29
Number of Sales (12m) 68 32
Avg. Days on Market (12m) 37 30
Jump to Market Trends
Key Demographics 2011 2016
Total population 4,779 4,983
Population change (5y) -5.68 +4.30
Median household income (p/w) 1,825 2,121
Household income change (5y) +21.10 +16.22
Median age of persons 39 42
Jump to Demographics Trends
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