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Rathmines, NSW 2283

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Rathmines, NSW 2283 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Rathmines, NSW 2283”

  1. The total adult population (15 years or older) of Rathmines 2283 NSW is 1,709, with a median age of 47. Of those, 52.78% are married, 14.10% are divorced or separated, 27.97% are single and 5.09% are widowed.

    The average household size is 2.6 people per dwelling, and the median household monthly income is estimated to be $7,236. The median monthly mortgage repayment for households in this suburb is $1,733 which is 23.95% of their earnings.

    Source: ABS Census Data (2021)

  2. Nestled within New South Wales, lies the suburb of Rathmines, home to roughly 992 households. As we delve into the Q3 statistics for 2023, we notice that the typical price for houses stands at $826,660. A stellar metric within this locale is the weekly rent rate, which is positioned at a median of $523, implementing an indicative yield of 3.29%. This yield satisfactorily exceeds the minimal requirement of 3% that is considered attractive to cash-flow inclined property investors.

    Drilling deeper into the sociodemographic spectrum of Rathmines, we make note of an appreciable IRSAD (Index of Relative Socio-economic Advantage and Disadvantage) score of 972 out of 1217. This score suggests the suburb enjoys a well-off socio-economic status, indicative of a relatively high-income level community with sound access to economic and social resources.

    When considering the renter to owner ratio, Rathmines demonstrates superiority; positioned at a low 14%, thus reflecting lower competition amongst property investors and suggesting longer tenancy terms, an ideal scenario for return on investment. Similarly, the suburb posts a 0% units to houses ratio, indicating reduced likelihood of market rental saturation and potential for higher rental yields.

    However, an area of concern is the affordability index. At 45 years, it is substantially higher than the favourable maximum of 30 years, indicating decreased affordability within the locale; this could potentially impact property demand adversely.

    The supply metrics within the suburb are a mixed bag, with the stock on market Percentage for houses at the lower end of the promising spectrum, pegged at 0.4%. However, the inventory level for houses – a proxy for market absorption – is slightly elevated at 6.86 months, slightly above the favourable threshold. The building approvals Ratio, yet another supply metric, sits modestly at 0.91%, a figure that is within the acceptable thresholds.

    The suburb also taps into impressive demand indicators, despite a higher-than-ideal average of 152 days on market for houses. The Vacancy Rate, although nearly approaching the higher threshold, stands at an acceptable 2.94%, indicating a reasonably balanced rental market.

    Lastly, with the buy search index rated at 5, the suburb is on par with the state/city’s average, signifying a neutral level of buyer interest.

    Despite its mixed array of metrics, Rathmines shows potential as an investment location. Balancing the pros and cons of these metrics is vital when considering an investment here. Further, it is crucial to track property market developments regularly, to capitalise on any investment opportunities. As demonstrated by Rathmines, there is potential to obtain favourable returns, as long as one is mindful of the occasional negative signals in the metrics.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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