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Russell Lea
NSW, 2046 - Canada Bay

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.

Household Makeup

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

Housing Stock

Average Property Prices

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

Russell Lea Real Estate Market Outlook

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.

Houses for sale Russell Lea

Belle Property 4 LUCAS AV, RUSSELL LEA, NSW, 2046 Beds3 Bathrooms2 Parking 1 Auction - contact agent
The Agency UNIT 16, 5-11 EDENHOLME RD, RUSSELL LEA, NSW, 2046 Beds3 Bathrooms2 Parking 1 Contact agent
The Agency 1 POTTER ST, RUSSELL LEA, NSW, 2046 Beds5 Bathrooms3 Parking 2 - Contact Agent

Local Schools

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)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Russell Lea weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.520.327.652.485.5023.2
Feb4.320.127.054.286.5019.6
Mar6.518.925.954.587.3015.9
Apr5.915.323.551.489.0013.9
May2.612.321.247.584.4011.4
Jun4.610.318.550.385.409.1
Jul2.69.018.243.782.1010.4
Aug2.69.719.739.480.2013.1
Sept1.412.522.437.080.2017.8
Oct2.215.023.742.782.8021.1
Nov3.417.125.349.285.2023.4
Dec2.118.726.449.284.8024.4

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

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
13-05-2024 $2,800,000 4 BORONIA AVE
10-05-2024 $370,000 23 / 275 LYONS RD
10-05-2024 $9,200,000 27 BURNELL ST
10-05-2024 $4,280,000 67 CLEMENTS ST
08-05-2024 $2,500,000 6 MCCULLOCH ST
06-05-2024 $2,715,000 95 HAMPDEN RD
06-05-2024 $1,639,000 4 / 42 SIBBICK ST
02-05-2024 $2,000,000 241 LYONS RD
26-04-2024 $3,650,000 5 LUCAS AVE
08-04-2024 $4,600,000 61 BYRNE AVE
04-04-2024 $2,180,000 69 HAMPDEN RD
28-03-2024 $920,000 5 / 257 LYONS RD
26-03-2024 $3,672,000 9 DALMENY AVE

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Rodd PointWareembaChiswickDrummoyneAbbotsfordFive DockHenleyHaberfieldHuntleys PointLilyfield

Public Transport


General Points of Interest

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