Rhodes
Investment Score
78
/100
AI Intelligence Summary
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.
Strengths
- •Excellent transport connectivity to CBD and Parramatta
- •Ongoing urban renewal and infrastructure development
- •Strong rental demand from young professionals
- •Waterfront location with recreational amenities
Opportunities
- •Sydney Metro West development boosting connectivity
- •Continued urban renewal and development approvals
- •Growing demand from downsizers and investors
- •Waterfront precinct expansion potential
Considerations
- •Limited local high school options
- •High-density development reducing green space
- •Predominantly apartment market with limited housing diversity
- •Traffic congestion during peak periods
Property Market
$1.65M
+8.5% 1yr
$850K
+12.5% 1yr
$1.25M
$1,200/wk
$680/wk
32
1.8%
72.0%
Price Growth
| Type | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| House | +8.5% | +22.0% | +45.0% |
| Unit | +12.5% | +28.0% | +52.0% |
Rental Yields
House Yield
3.8%
Unit Yield
4.2%
Townhouse Yield
4.0%
Investment Scorecard
Demand/Supply Ratio: 1.40
Demand exceeds supply — favourable for sellers
Tax & Financial Intelligence
CPA-grade analysis for Rhodes at median house price
+8% surcharge
$1200/wk
Negatively geared
Reduces taxable income
~$758/week
Based on 9.0% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR
5-Year Hold
10-Year Hold
Investor Quick Summary
Entry cost (stamp duty)
$73,140
After-tax yield
2.32%
Weekly holding cost
$758/wk
10yr CGT (est.)
$424,078
Estimates based on FY2025 NSW rates at median house price. Assumes 80% LVR, 6.5% interest rate, 39% marginal tax rate ($135K-$190K bracket). Individual circumstances vary. This is general information only and not personal financial advice. Consult your CPA before making investment decisions. Local Knowledge Pty Ltd — Registered Tax Agent.
Demographics
14,500
34
$82K
per annum
58.0%
48.0%
52.0%
4.2%
48.0%
Dwelling Mix
Lifestyle & Community
45
8
2
15.0 km
Nearest Station: Rhodes Station
Urban waterfront living with parks, shopping, dining, and excellent transport links to major employment centres
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Data sourced from multiple sources. Last updated 29 March 2026.