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Rushcutters Bay

POSTAL CODE: NSW, 2011
UNIT

A steady increase in median property prices over a five-year period in RUSHCUTTERS BAY, 2011 translates to a -0.52% capital gain.

RUSHCUTTERS BAY, 2011 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $965,000.

Augmented property values in RUSHCUTTERS BAY are trailing above the NSW average of 5.55% for the past year.

Real estate investors could earn a rental income of $650 based on current median home prices for the suburb.

Home owners selling their properties and realtors in RUSHCUTTERS BAY usually have to wait an average of 59 days days before their assets are lifted off the market.

RUSHCUTTERS BAY ranks 480th on the list of best yielding suburbs for rental properties in NSW, posting a 3.5% return.

RUSHCUTTERS BAY, 2011 places 37th in Australia based on median property value growth during the quarter.

Surburb overview

Rushcutters Bay, NSW 2011, is a picturesque harbourside suburb located 3 kilometres east of the Sydney central business district. With a population of around 2,335, the suburb is characterised by its tranquil parks, waterfront views, and proximity to vibrant neighbouring areas like Potts Point and Darlinghurst.

The suburb is popular among professionals, singles, and retirees due to its scenic location and relaxed atmosphere. The median age of residents is 37 years, and nearly half of the population was born outside Australia. The most common countries of birth include England, New Zealand, and Brazil, with English being the predominant language spoken at home.

Rushcutters Bay is known for its excellent recreational facilities. The area features the iconic Rushcutters Bay Park, which has a playground, tennis courts, and a café, making it a popular spot for families and dog owners. The park is also home to the Cruising Yacht Club of Australia, which hosts the annual Sydney-to-Hobart yacht race.

Public transportation is easily accessible, with Kings Cross train station nearby and several bus routes serving the suburb. Rushcutters Bay's high walkability, leafy streets, and proximity to the harbour make it attractive for those seeking an active, outdoor lifestyle.

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