Thinking about buying in Rankin Park? Now could not be a better time, with 1075 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $910,000 with prices in this suburb ranging from $193,000 to $3,376,000. Rankin Park is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $445.00 |
Median Monthly Mortgage | $1907.00 |
Median Persons Per Bedroom | 0.80 |
Average Household Size | 3.00 |
Average Age | 39.00 |
Average Income | $805.00 |
Average Cars Per Dwelling | 1.83 |
Average Properties Within 50M | 7 |
1 Bed  $630,000 |
2 Bed  $684,000 |
3 Bed  $884,000 |
4 Bed  $1,053,000 |
5 Bed  $1,395,000 |
6 Bed+$1,358,000 |
In Rankin Park there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Rankin Park is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Rankin Park provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Rankin Park to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
10 ELBROOK DR, RANKIN PARK, NSW, 2287 | 3 | 1 | 2 | AUCTION $775,000 |
Wallsend South Public School
New Lambton Heights Infants School
John Hunter Hospital School
Elermore Vale Public School
Cardiff North Public School
Wallsend Public School
Newcastle Waldorf School
Glendale East Public School
Garden Suburb Public School
Kotara School
(While the above schools are located with the suburb of Rankin Park there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 2.0 | 18.9 | 30.1 | 48.1 | 93.6 | 4.6 | 24.5 |
Feb | 3.3 | 18.6 | 28.3 | 52.7 | 94.5 | 4.2 | 20.7 |
Mar | 5.1 | 17.4 | 26.8 | 54.2 | 95 | 4.1 | 16.6 |
Apr | 4.4 | 13.7 | 24.5 | 51.6 | 95.8 | 3.6 | 14.4 |
May | 2.6 | 10.0 | 21.0 | 49.3 | 93.8 | 4.0 | 11.3 |
Jun | 4.8 | 8.7 | 18.2 | 54.4 | 94.2 | 4.3 | 9.5 |
Jul | 2.3 | 6.8 | 18.3 | 46.1 | 91.9 | 4.5 | 10.8 |
Aug | 1.8 | 6.8 | 19.8 | 38.5 | 91.6 | 4.5 | 13.7 |
Sept | 2.0 | 9.4 | 23.0 | 37.0 | 92.5 | 4.3 | 18.2 |
Oct | 2.4 | 12.2 | 24.8 | 41.5 | 93.0 | 4.4 | 21.3 |
Nov | 2.5 | 15.5 | 26.9 | 46.8 | 93.7 | 4.4 | 24 |
Dec | 2.5 | 17.3 | 28.2 | 47.8 | 93.3 | 4.6 | 24.8 |
source: Australian Government Bureau of Meteorology
24-09-2024 | $1,000,000 | 293 MCCAFFREY DR |
10-09-2024 | $800,000 | 17 MORTON PDE |
09-09-2024 | $430,000 | 11 NEDLANDS ST |
06-09-2024 | $835,000 | 12 ELBROOK DR |
05-09-2024 | $860,000 | 21 ELIZABETH COOK DR |
14-08-2024 | $810,000 | 33 KINGSWAY AVE |
01-08-2024 | $815,000 | 21 MORTON PDE |
19-07-2024 | $830,000 | 25 KINGSWAY AVE |
08-07-2024 | $1,040,000 | 20 BEASLEY CRES |
01-07-2024 | $901,000 | 186 GRANDVIEW RD |
01-07-2024 | $885,000 | 277 MCCAFFREY DR |
28-06-2024 | $845,000 | 14 COLDSTREAM CRES |
16-05-2024 | $950,000 | 77 KINGSWAY AVE |
08-05-2024 | $670,000 | 15 HUTCHESON AVE |
26-04-2024 | $890,000 | 3 SABAH CL |
26-04-2024 | $930,000 | 255 GRANDVIEW RD |
26-04-2024 | $894,000 | 1 CAMBRIDGE DR |
26-04-2024 | $865,000 | 228 MCCAFFREY DR |
24-04-2024 | $750,000 | 265 GRANDVIEW RD |
22-04-2024 | $992,000 | 40 MORTON PDE |
12-04-2024 | $970,000 | 16 HASLUCK DR |
10-04-2024 | $600,000 | 1 / 267 GRANDVIEW RD |
22-03-2024 | $876,000 | 20 CONISTON CL |
08-03-2024 | $790,000 | 24 KINGSWAY AVE |
29-01-2024 | $830,000 | 190 GRANDVIEW RD |
25-01-2024 | $784,000 | 305 MCCAFFREY DR |
23-01-2024 | $950,000 | 10 MELDON PL |
15-01-2024 | $830,000 | 85 KINGSWAY AVE |
15-12-2023 | $883,000 | 3 NEDLANDS ST |
11-12-2023 | $850,000 | 51 DEAN PDE |
08-12-2023 | $865,000 | 1 ELBROOK DR |
07-12-2023 | $895,000 | 23 CAMBRIDGE DR |
04-12-2023 | $702,000 | 3 CRASTER CL |
20-11-2023 | $915,000 | 13 CAMBRIDGE DR |
01-11-2023 | $680,000 | 2 DUNLOP CL |
27-10-2023 | $984,000 | 35 ELBROOK DR |
16-10-2023 | $770,000 | 80 CAMBRIDGE DR |
11-10-2023 | $695,000 | 310 GRANDVIEW RD |
28-09-2023 | $780,000 | 2 KINGSWAY AVE |
11-09-2023 | $1,151,515 | 53 HASLUCK DR |
08-09-2023 | $845,000 | 6 HUTCHESON AVE |
22-08-2023 | $840,000 | 34 CONISTON CL |
17-08-2023 | $760,000 | 5 DEAN PDE |
03-08-2023 | $920,000 | 284 MCCAFFREY DR |
28-07-2023 | $892,000 | 5 SANDOR CL |
28-07-2023 | $890,750 | 8 ROSEDALE CRES |
28-07-2023 | $892,000 | 5 SANDOR CL |
28-07-2023 | $890,750 | 8 ROSEDALE CRES |
17-07-2023 | $880,000 | 256 GRANDVIEW RD |
14-07-2023 | $675,000 | 24 CONISTON CL |
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