Apartments For Sale in Rhodes
Your Local Rhodes Property Experts
Rhodes Market Overview
$720,000
Source: CoreLogic RP Data, Domain Group
4.3%
+8.8%
1.8%
$590/week
72/100
About Apartments in Rhodes
Home / Rhodes Apartments For Sale in Rhodes Your Local Rhodes Property Experts Rhodes Apartments: Key Facts at a Glance Current market data and statistics for Rhodes • Last updated December 2025 Median Apartment Price $ 720,000 Source: CoreLogic RP Data Verified Dec 2025 Annual Price Growth + 8.8 % 12-month period ending Dec 2025 🔥 Strong growth Rental Yield 4.3 % Gross yield (before expenses) 📍 Moderate yield Distance to CBD 21 km 30-35 minutes by train Walk Score: 72 /100 Vacancy Rate 1.8 % Source: SQM Research Dec 2025 🔥 Very tight market Median Rent $ 590 /week For 2-bedroom apartment $ 30,680 /year Data Sources: CoreLogic RP Data, Domain Group All data is independently verified and updated monthly to ensure accuracy Last Updated: 15 December 2025 Next Review: March 2026 Rhodes Market Overview Data updated November 2025 Median Apartment Price $ 720,000 Average Rental Yield 4.3 % Median Rent per Week $ 590 Suburb Growth Rate 8.8 % p.a. Rental Yield Calculator Purchase Price (AUD) Weekly Rent (AUD) Annual Expenses (AUD) Gross Yield 0.00 % Annual rent / Purchase price Net Yield 0.00 % (Annual rent - Expenses) / Purchase price Annual Rental Income $ 30,680 * This calculator provides estimates only. Actual returns may vary. Consult with a property investment advisor for personalized advice. Recent Sales in Rhodes Latest apartment sales in the Rhodes area Unit 1508/8 Rider Boulevard 2 2 1 Sold Price $765,000 17 Oct 2025 Apt 906/1 Marquet Street 1 1 1 Sold Price $580,000 24 Oct 2025 Unit 2205/5 Nipper Street 3 2 2 Sold Price $1,080,000 1 Nov 2025 Apt 1102/3 Foreshore Boulevard 2 2 1 Sold Price $730,000 9 Nov 2025 Off-Plan Projects in Rhodes Upcoming developments and investment opportunities Rhodes Waterside Developer: Billbergia Completion: Q4 2026 $580,000 - $1,400,000 Register Interest The Peninsula Developer: Mirvac Completion: Q2 2027 $620,000 - $1,500,000 Register Interest Living in Rhodes Rhodes has emerged as one of Sydney's premier waterfront suburbs, with a stunning foreshore, modern apartment towers, and excellent connectivity. The suburb offers a perfect blend of lifestyle, convenience, and investment potential with direct train access to the CBD. Transport & Location Rhodes Station provides direct access to CBD in 20 minutes, Parramatta in 10 minutes, plus extensive bus network and easy M4 motorway access. Lifestyle & Amenities Rhodes Waterside shopping center, waterfront promenade with cafes and restaurants, beautiful foreshore parks, and proximity to IKEA and major retailers. Investment Opportunity Waterfront location, strong infrastructure, growing employment hub, and high tenant demand from young professionals make Rhodes a solid investment choice. Why Rhodes is Hot in 2025 Rhodes Waterside by Billbergia - Completion Q4 2026 - $580k-$1.4M The Peninsula by Mirvac - Completion Q2 2027 - $620k-$1.5M Foreshore Collection by Aqualand - Completion Q1 2027 - $600k-$1.35M Ask Our AI Assistant Expert insights about rhodes Is Rhodes good for investment? What's the rental demand like in Rhodes? How does Rhodes compare to nearby suburbs? Maximise Your Rhodes Investment Returns Our sister company Ding Financial specialises in property investment tax strategies, negative gearing optimization, and SMSF property acquisitions. Get expert advice on structuring your Rhodes apartment investment for maximum tax efficiency. Speak to a Property Tax Specialist Thinking of Selling Your Rhodes Apartment? Ding Real Estate is our licensed NSW agency with deep local expertise in Rhodes . We achieve premium results through targeted marketing, off-market buyer networks, and expert negotiation. Get a free market appraisal today. Request Free Appraisal Frequently Asked Questions About Rhodes Get expert answers to common questions about buying apartments in Rhodes Q 1 . What is the median apartment price in Rhodes? The median apartment price in Rhodes is $720,000 as of Q4 2025, based on CoreLogic RP Data. This represents a +8.8% change year-over-year, making it one of the strongest growth markets in Sydney. Price Q 2 . What rental yield can I expect in Rhodes? Rental yields in Rhodes typically range from 4.0% to 4.6%, with a median of 4.3%. This represents a balanced yield suitable for most investment strategies. Yield Q 3 . Is Rhodes a good suburb for first home buyers? Yes, Rhodes is an excellent choice for first home buyers with median prices of $720,000, which is below Sydney's median. First home buyers may qualify for stamp duty concessions on properties under $800,000, and the area offers good lifestyle amenities and transport connections. Investment Q 4 . What is the capital growth forecast for Rhodes? Based on recent trends and infrastructure investment, Rhodes is forecast to achieve 7.8%-10.8% annual capital growth over the next 3-5 years. This is driven by major infrastructure projects, employment growth, and strong demand fundamentals. Investment Q 5 . How far is Rhodes from Sydney CBD? Rhodes is located 23km from Sydney CBD. Rhodes Station provides direct access to CBD in 20 minutes, Parramatta in 10 minutes, plus extensive bus network and easy M4 motorway access. Transport Q 6 . What are the best streets to buy in Rhodes? The best streets in Rhodes typically offer proximity to train stations, parks, and local shopping precincts. Look for properties within 800 meters of train/metro stations for maximum capital growth potential and rental demand. Lifestyle Q 7 . Does Rhodes have good public transport? Rhodes offers Rhodes Station provides direct access to CBD in 20 minutes, Parramatta in 10 minutes, plus extensive bus network and easy M4 motorway access. Transport Q 8 . What types of apartments are available in Rhodes? Rhodes offers a range of apartment types from 1-bedroom units from $504,000 to 2-bedroom apartments around $720,000 and larger 3-bedroom residences up to $1,008,000. Several off-the-plan developments are also available with flexible deposit structures. Price Q 9 . Is Rhodes safe and family-friendly? Rhodes is a safe and welcoming suburb suitable for families, with good access to schools and parks. The area offers rhodes waterside shopping center, waterfront promenade with cafes and restaurants, beautiful foreshore parks, and proximity to ikea and major retailers.. Safety Q 10 . What are the strata fees in Rhodes? Strata fees in Rhodes typically range from $900 to $1,800 per quarter for a 2-bedroom apartment, depending on building amenities. Buildings with basic amenities have lower fees, while those with pools and gyms will be at the higher end of the range. Price Q 11 . Can I get FHBG benefits in Rhodes? Yes! Many apartments in Rhodes are priced under the $800,000 threshold for full stamp duty exemption for first home buyers. Off-the-plan purchases under $800,000 also qualify for the $10,000 First Home Owner Grant. Investment Q 12 . What are the school catchment zones in Rhodes? Rhodes is serviced by several quality schools. The area is serviced by local public primary and secondary schools, with several private school options within a short commute. Families should verify current catchment boundaries with the NSW Department of Education. Schools Information Verified: December 2025 • Sources: CoreLogic RP Data, Domain Group, NSW Property Data • Next Review: March 2026 $300M+ Settled CPA Practice Licensed Real Estate Agency Est. 2001 Interested in Rhodes ? Tell us your situation and we'll send personalised Rhodes insights — property, finance, and tax strategy in one conversation. Speak With a Rhodes Specialist Our team has helped hundreds of buyers in Rhodes. Median price: $720,000. What best describes your situation? Buying my first home Ready to start Looking for an investment Exploring options Upgrading or downsizing Planning a move Need home loan advice Finance first Thinking of selling Want an appraisal Just researching Early stage
Rhodes apartments typically sell quickly, with a median of just 35 days on market.
Strong price growth (8.8% p.a.) reflects ongoing demand, especially for water and park-view units.
Nearly half of Rhodes residents rent, supporting a vibrant investor and owner-occupier mix.
Walkability and transport are key drawcards, but parking and peak-hour congestion can challenge residents.
Strata fees and building quality vary—always check reports closely before committing.
Limited local high school options may influence long-term owner-occupier decisions.
The Apartment Market in Rhodes — What the Numbers Really Tell You
What we've observed in Rhodes over the past decade is a suburb transformed by high-density living and constant demand for quality apartments. The latest data shows median apartment prices around $850,000 (with some market sources quoting $720,000 for entry-level stock), and annual price growth of 8.8%—well above most Sydney benchmarks. Rental yields are steady at 4.2–4.3%, while the vacancy rate remains exceptionally tight at 1.8%. In our experience, this combination typically signals a highly competitive market for buyers, especially first-home buyers and upgraders. Apartments here aren’t sitting long—35 days on market is fast by Sydney standards—so buyers should be ready to act decisively, particularly for well-positioned water view or park-facing units. We’ve found that buyers willing to stretch their budget for a premium outlook or larger floorplan usually see stronger resale demand down the track. Remember, these are general trends, not personal advice—always consider your own financial situation.
Who Lives Here & What That Means for Apartment Demand
Rhodes is distinctly cosmopolitan and youthful, with nearly half of residents born overseas and a median age of just 34. Over 48% are professional workers, and more than half hold university qualifications. The suburb’s appeal for young professionals, couples, and small families has underpinned consistent rental and resale demand for 1- and 2-bedroom apartments. We regularly hear from buyers relocating for work at Sydney Olympic Park, Macquarie Park, or the CBD, all made accessible by Rhodes’ outstanding train connectivity. This demographic mix supports a vibrant rental market as well—almost half the suburb rents, so investor-owned apartments are common, and body corporates tend to be proactive. If you’re an owner-occupier, expect a dynamic, diverse community, with a strong focus on convenience and amenity.
Lifestyle & Transport — The Apartment Buyer's Trade-offs
Rhodes consistently rates highly for walkability (78/100) and public transport (9/10), thanks to its rail station, ferry wharf, and future Metro West link. Buyers we work with often prioritise proximity to Rhodes Central, the waterfront, and Bicentennial Park. However, it’s worth noting that peak-hour congestion and limited visitor parking are common gripes, especially in newer developments. School options are reasonable for young children, but high school choices are more limited locally, prompting some families to look to neighbouring suburbs as children grow. On the upside, the abundance of cafes (45), parkland, and foreshore paths gives the suburb a relaxed, active lifestyle—something that appeals to both owner-occupiers and tenants. In our experience, apartments with direct park or water access tend to outperform in both value retention and rental appeal.
What Buyers We Work With Often Ask About Rhodes
One of the top questions we receive is about future supply: "Will more new apartments put downward pressure on prices?" Our view is that while Rhodes continues to see new development, the pace has moderated, and demand remains strong enough to absorb quality stock—especially for apartments offering unique views or layouts.
Another common concern is strata fees. With many buildings offering extensive amenities—gyms, pools, concierge—fees can be higher than average. We recommend buyers factor this into total ownership costs and review strata reports closely for any building maintenance or defect issues.
Finally, buyers often wonder about noise and privacy in such a high-density environment. We advise inspecting at different times of day, and looking for apartments with double glazing, good acoustic separation, or positioned away from busy roads and rail lines. Each building in Rhodes is a little different, so it pays to be thorough in your research.
This is general information based on patterns we've observed across 26 years of CPA and licensed real estate practice. It is not personal financial advice. Always seek professional guidance tailored to your circumstances.
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A tailored breakdown of Rhodes's apartment market — pricing, rental yields, growth outlook, the best buildings and streets, and what to watch out for. Prepared by a team that has worked this market since 2001.
- Median prices & rental yields across Rhodes
- Which buildings and streets hold value
- Strata, aspect and floor-plan red flags to avoid
- Off-market and upcoming opportunities
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Frequently Asked Questions About Rhodes
What is the median apartment price in Rhodes?
What rental yield can I expect in Rhodes?
Is Rhodes a good suburb for first home buyers?
What is the capital growth forecast for Rhodes?
How far is Rhodes from Sydney CBD?
What are the best streets to buy in Rhodes?
Does Rhodes have good public transport?
What types of apartments are available in Rhodes?
Is Rhodes safe and family-friendly?
What are the strata fees in Rhodes?
Can I get FHBG benefits in Rhodes?
What are the school catchment zones in Rhodes?
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