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Rodd Point

POSTAL CODE: NSW, 2046
HOUSE

Property investors enjoyed capital gains of 9.09% over the last 12 months in RODD POINT, translating to lower returns compared with its peers in NSW.

Figures from the previous quarter show that capital gains for real estate buyers in RODD POINT are low, as opposed to average gains per annum over the past five years.

The suburb posted a 14.85% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $1375 based on current median home prices for the suburb.

On average, rents on listings have reached the $1375 mark, reflecting a 1.99% increase in returns based on the current median price in RODD POINT.

RODD POINT, 2046 ranks 449th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 1019th on the list of best yielding suburbs for rental properties in NSW, posting a 1.99% return.

Surburb overview

Rodd Point is a suburb located approximately 9 kilometres west of Sydney's central business district, within the local government area of the City of Canada Bay.

According to the 2016 census, Rodd Point, which covers an area of about 0.4 square kilometres, had a population of 1,360, reflecting a 5% increase from 2011.

Public transportation serves the suburb well, with bus services connecting residents to surrounding areas and the Sydney CBD.

Essential establishments, including shopping and dining options, are easily accessible in nearby suburbs such as Five Dock and Drummoyne.

Rodd Point offers recreational opportunities. The suburb is located along Iron Cove and is part of the popular Bay Run, a 7-kilometre circuit frequented by joggers, walkers, and cyclists.

Rodd Park, located within the suburb, offers green spaces and is home to the Dobroyd Aquatic Club, a centre for sailing activities since 1937.

The suburb's proximity to the water and well-maintained parks provide residents with ample outdoor activity opportunities. 

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