Thinking about buying in Russell Lea? Now could not be a better time, with 2454 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,405,000 with prices in this suburb ranging from $17,000 to $8,612,000. Russell Lea is located fairly close to the coast at just 6Km 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 | $509.00 |
Median Monthly Mortgage | $3391.80 |
Median Persons Per Bedroom | 0.92 |
Average Household Size | 2.60 |
Average Age | 41.80 |
Average Income | $1186.40 |
Average Cars Per Dwelling | 1.69 |
Average Properties Within 50M | 37 |
1 Bed  $2,075,000 |
2 Bed  $1,770,000 |
3 Bed  $2,939,000 |
4 Bed  $3,813,000 |
5 Bed  $4,408,000 |
6 Bed+$4,197,000 |
Consistent high demand relative to supply is a key feature in Russell Lea driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Russell Lea ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Russell Lea classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Russell Lea necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
1 potter st, russell lea, nsw, 2046 | 5 | 3 | 2 | - Contact Agent |
Russell Lea Public School
All Hallows Catholic Primary School
Abbotsford Public School
Drummoyne Public School
St Mark's Catholic Primary School
Domremy Catholic College
Five Dock Public School
Dobroyd Point Public School
Orange Grove Public School
Riverside Girls High School
(While the above schools are located with the suburb of Russell Lea 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 | 2.5 | 20.3 | 27.6 | 52.4 | 85.5 | 0 | 23.2 |
Feb | 4.3 | 20.1 | 27.0 | 54.2 | 86.5 | 0 | 19.6 |
Mar | 6.5 | 18.9 | 25.9 | 54.5 | 87.3 | 0 | 15.9 |
Apr | 5.9 | 15.3 | 23.5 | 51.4 | 89.0 | 0 | 13.9 |
May | 2.6 | 12.3 | 21.2 | 47.5 | 84.4 | 0 | 11.4 |
Jun | 4.6 | 10.3 | 18.5 | 50.3 | 85.4 | 0 | 9.1 |
Jul | 2.6 | 9.0 | 18.2 | 43.7 | 82.1 | 0 | 10.4 |
Aug | 2.6 | 9.7 | 19.7 | 39.4 | 80.2 | 0 | 13.1 |
Sept | 1.4 | 12.5 | 22.4 | 37.0 | 80.2 | 0 | 17.8 |
Oct | 2.2 | 15.0 | 23.7 | 42.7 | 82.8 | 0 | 21.1 |
Nov | 3.4 | 17.1 | 25.3 | 49.2 | 85.2 | 0 | 23.4 |
Dec | 2.1 | 18.7 | 26.4 | 49.2 | 84.8 | 0 | 24.4 |
source: Australian Government Bureau of Meteorology
11-12-2024 | $3,280,000 | 4 SIBBICK ST |
06-12-2024 | $3,200,000 | 6 HAMPDEN RD |
27-11-2024 | $2,650,000 | 30 POTTER ST |
26-11-2024 | $3,445,000 | 14 SPEED AVE |
21-11-2024 | $1,135,000 | 11 / 65 PARKVIEW RD |
20-11-2024 | $2,780,000 | 3 ROBERT AVE |
18-11-2024 | $2,870,000 | 59 MONS ST |
11-11-2024 | $2,500,000 | 253 LYONS RD |
08-11-2024 | $4,100,000 | 36 BAY RD |
07-11-2024 | $2,050,000 | 27 MONS ST |
04-11-2024 | $3,200,000 | 11 ROBERT AVE |
31-10-2024 | $375,000 | 12 / 275 LYONS RD |
25-10-2024 | $1,130,000 | 17 / 31 BAY RD |
21-10-2024 | $2,500,000 | 251 LYONS RD |
18-10-2024 | $1,070,000 | 4 / 55 PARKVIEW RD |
17-10-2024 | $1,820,000 | 248 LYONS RD |
16-10-2024 | $2,915,000 | 20 POTTER ST |
15-10-2024 | $3,415,000 | 2 REIMS ST |
15-10-2024 | $1,050,000 | 5 / 60 HAMPDEN RD |
03-10-2024 | $4,250,000 | 22 PINE AVE |
23-09-2024 | $1,063,000 | 12 / 20 THE PARADE |
20-09-2024 | $4,400,000 | 48 RUSSELL ST |
16-09-2024 | $1,325,000 | 8 / 60 HAMPDEN RD |
09-09-2024 | $4,100,000 | 10 THE CRESCENT |
05-09-2024 | $1,100,000 | 25 / 5 BAY RD |
02-09-2024 | $3,650,000 | 27 UNDINE ST |
02-09-2024 | $2,286,000 | 13 BOUVARDIA ST |
26-08-2024 | $2,100,000 | 71 HAMPDEN RD |
21-08-2024 | $3,560,000 | 22 MONS ST |
19-08-2024 | $3,010,000 | 60 BOUVARDIA ST |
16-08-2024 | $3,600,000 | 28 SEABROOK AVE |
14-08-2024 | $3,000,000 | 69 EDENHOLME RD |
12-08-2024 | $2,664,000 | 12 SEABROOK AVE |
09-08-2024 | $3,640,000 | 2 LEA AVE |
31-07-2024 | $3,565,000 | 19 LEA AVE |
01-07-2024 | $2,900,000 | 4 ATKINS AVE |
27-06-2024 | $3,030,000 | 55 RUSSELL ST |
25-06-2024 | $1,000,000 | 3 / 13 BAY RD |
24-06-2024 | $3,785,000 | 58 RUSSELL ST |
24-06-2024 | $3,740,000 | 35 BYRNE AVE |
21-06-2024 | $1,630,000 | 2 / 42 SIBBICK ST |
21-06-2024 | $3,000,000 | 2 TAIT ST |
14-06-2024 | $1,490,000 | 5 / 19 BAY RD |
12-06-2024 | $1,320,000 | 1 / 14 MARGARET ST |
28-05-2024 | $1,190,000 | 4 / 23 BAY RD |
22-05-2024 | $1,014,995 | 4 / 65 PARKVIEW RD |
22-05-2024 | $4,330,000 | 42 LENORE ST |
16-05-2024 | $1,200,000 | 1 / 30 BAY RD |
15-05-2024 | $590,000 | 2 / 275 LYONS RD |
14-05-2024 | $3,170,000 | 47 HAMPDEN RD |
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