What is the true cost of buying an apartment in Rhodes?

The median apartment in Rhodes is $850,000. Including stamp duty ($32,780), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $64,076, or $5,340/month.

What does it really cost to buy a house in Rhodes?

The median house in Rhodes is $1,650,000. True first-year cost including stamp duty ($73,160), rates, insurance, maintenance, and mortgage repayments is approximately $113,466.

What is the vacancy rate in Rhodes?

Rhodes currently has a vacancy rate of 1.8%. Properties average 32 days on market.

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True Cost of Buying in Rhodes

2138 NSW · 15km to CBD

Stable

Market Intelligence

Rhodes is a rapidly transforming suburb in Sydney's Inner West, positioned 15km from the CBD with exceptional transport connectivity via train, ferry, and future Sydney Metro West. Once an industrial area, Rhodes has undergone significant urban renewal since 2010, becoming a high-density residential hub dominated by modern apartment developments. The suburb attracts young professionals and families seeking affordable proximity to major employment centres, with median unit prices around $850,000 offering better value than inner-city alternatives. Rhodes Shopping Centre, Bicentennial Park, and waterfront dining precincts provide strong lifestyle amenities, while the culturally diverse community reflects Sydney's multicultural character. Investment fundamentals remain solid with 4-4.5% rental yields, strong rental demand, and ongoing infrastructure improvements including planned Metro West connectivity enhancing long-term growth prospects.

Excellent transport connectivity to CBD and ParramattaOngoing urban renewal and infrastructure developmentStrong rental demand from young professionalsWaterfront location with recreational amenitiesMore affordable than inner-city alternatives

Market Snapshot

Median House

$1.6M

+8.5% 1yr

Median Apartment

$850K

+12.5% 1yr

Median Townhouse

$1.3M

Vacancy Rate

1.8%

32 avg DOM

Yield (Apartment)

4.2%

Yield (House)

3.8%

Auction Clearance

72%

Population

14,500

True Cost Breakdown

Based on median prices · 20% deposit · 6.5% interest · 30-year term · Owner-occupier

Apartment

$5,340/mo

Purchase Price

$850,000

Stamp Duty

$32,780

1st Year Total

$64,076

House

$9,456/mo

Purchase Price

$1,650,000

Stamp Duty

$73,160

1st Year Total

$113,466

Townhouse

$7,163/mo

Purchase Price

$1,250,000

Stamp Duty

$51,160

1st Year Total

$85,952

Run Your Own Numbers

These are median figures. Plug in the actual property you're looking at to see your real all-in cost — including first-home concessions, investment deductions, or different deposit amounts.

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