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Russell Lea

Suburb Profile

Russell Lea - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2046

house
unit

Based on its average 5-year and quarterly capital gains RUSSELL LEA, 2046 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that RUSSELL LEA, 2046 obtained a 6.89% growth over a ten-year period. It ranks 521st on our list of suburbs that property investors should look into.

RUSSELL LEA, 2046 in NSW belongs to the local government area of Canada Bay (A).

RUSSELL LEA, 2046 has a capital gain of 4.72% for the past year, which is higher than average compared to its 16.36% growth within a five-year period.

With the median home price in RUSSELL LEA sitting at $1,885,000, and the average rent at $875, property owners could potentially earn a 2.41% increase in gross rental yield.

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

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,885,000 $853,250
GROWTH REPORT
Median Quarterly 2.17% -1.93%
Median 12 month 4.72% 5.02%
Median 3 years -19.87% -0.44%
Median 5 years 16.36% N/A
10 years average annual 6.89% 3.99%
Weekly media advert. rent $875 $500
Time on Market 41.2 days 29.9 days
Gross Rental Yield Percent 2.41% 3.05%
demographics (median values)
Total Population
5067
Weekly Household Income
1504
Household Size
2.50
demographics
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