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Rental market in Rhodes (2138)

The rental market in Rhodes (2138) reflects both the suburb's desirability to tenants and the supply of investment properties in the area. Median weekly rent, gross rental yield, and vacancy rate are the three headline signals shown on this page. Data is sourced from NSW Government property records and updated regularly. Rhodes is part of the Canada Bay local government area.

Can I afford Rhodes?

Rental market in Rhodes

Median weekly rent from lodged bonds. Sep 2025. Based on 244 new bond lodgements this quarter.

Rents here are at the higher end for Sydney. Higher holding costs for investors; higher savings pressure for renters.


Median weekly rent · Unit · 2 bed
$920per week
Sep 2025 · 244 bonds lodged

Quarterly trend · last 12 quarters
Dec 22: $740 per week (143 bonds)Mar 23: $835 per week (178 bonds)Jun 23: $828 per week (210 bonds)Sep 23: $850 per week (286 bonds)Dec 23: $850 per week (221 bonds)Mar 24: $910 per week (249 bonds)Jun 24: $900 per week (207 bonds)Sep 24: $900 per week (257 bonds)Dec 24: $850 per week (277 bonds)Mar 25: $920 per week (356 bonds)Jun 25: $940 per week (180 bonds)Sep 25: $920 per week (244 bonds)Dec 22Jun 24Sep 25


Nearby suburbs · same combination

Concord2137
$793$127
1.7 km away
Homebush2140
$720$200
2.8 km away
Ryde2112
$770$150
3.5 km away
Meadowbank2114
$700$220
3.6 km away
NSW DCJ Rental Bond Board · Sep 2025 · CC BY. Cells with 10 or fewer bond lodgements are suppressed; cells with 30 or fewer have the bond count suppressed but rent published. Figures are transacted rents, not asking rents.

Rental yield in Sydney's established suburbs tends to run below the broader market because capital growth expectations are already priced into sale prices. If Rhodes shows a gross yield meaningfully above 4%, it is worth checking whether that reflects genuine demand or a subdued sale price (which can itself be a signal of weaker capital growth prospects). Strong yield and strong capital growth in the same suburb is uncommon but does occur in transition areas.

Rental market in nearby suburbs

Concord 2137Drummoyne 2047Five Dock 2046

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