Rhodes Bay on the Parramatta River is being transformed through Billbergia’s masterplanned community, which integrates waterfront residential, retail, parks and recreation including the Rhodes Recreation Centre. The transformation reshapes a former industrial peninsula into a connected, walkable waterfront destination with direct rail and ferry access to the Sydney CBD.
8 min read | Rhodes Insights | Last reviewed June 2026
Rhodes Bay is one of Sydney’s clearest examples of waterfront urban transformation: a former industrial peninsula reshaped into a connected, walkable residential destination. This guide explores the masterplan vision behind that transformation, what is being delivered, and why it matters for the Rhodes community and the broader Parramatta River corridor.
From industrial peninsula to waterfront destination
Rhodes sits on a peninsula wrapped by the Parramatta River, around 14 kilometres west of the Sydney CBD. Once dominated by industrial land use, the peninsula has been progressively reshaped over the past two decades into one of Sydney’s most connected waterfront residential precincts. Billbergia has been central to that transformation, delivering residential communities, retail and public amenity along the foreshore.
The Rhodes Bay Masterplan vision
The transformation is guided by a long-term masterplan rather than ad-hoc development. The Rhodes Bay Masterplan integrates residential, retail, recreation, parks and through-site connections into a coherent whole. You can view the full masterplan here: Rhodes Bay Masterplan.
The defining feature of the Rhodes Bay approach is masterplanning: public amenity, parks, recreation and through-site links are delivered alongside the residential stages, not retrofitted afterwards. This is what turns a collection of apartment buildings into a genuine waterfront community.
What is being delivered
The Rhodes Bay transformation spans several integrated components:
- Waterfront residential apartments across a range of configurations
- Mixed-use podium retail at street level
- Public parks and foreshore reserves
- The Rhodes Recreation Centre, a major community facility
- Through-site pedestrian and cycling connections
- Activated waterfront promenades and dining
Public amenity and recreation
A defining feature of the transformation is the public amenity delivered for the whole community, not just residents. The Rhodes Recreation Centre anchors community recreation, while foreshore parks, walking and cycling paths, and waterfront reserves give the peninsula a genuinely public realm. This public amenity is part of what underpins the area’s strong owner-occupier and family demand.
Transit and connectivity
The transformation is built around transit. Rhodes Station on the T9 Northern Line provides direct rail to the Sydney CBD (approximately 22 minutes), while Parramatta River ferry services run from Rhodes Wharf. The peninsula’s compact, walkable layout means daily life rarely requires a car, which is central to the connected, low-car-dependence character the masterplan set out to achieve.
What the transformation means
For residents and the broader corridor, the Rhodes Bay transformation delivers three things: a connected waterfront community with genuine public amenity, strong and durable property fundamentals (tight supply, transit access, low vacancy), and a model for how masterplanned waterfront renewal can reshape an entire peninsula. For buyers, it is the reason Rhodes consistently performs as a fundamentals-driven market. Explore current opportunities via the Rhodes Bay Masterplan.
Frequently asked questions
Rhodes Bay is a waterfront precinct on the Parramatta River in Rhodes NSW, around 14 kilometres west of the Sydney CBD. It is being transformed from a former industrial peninsula into a connected, masterplanned residential community integrating apartments, retail, parks, recreation and through-site connections, with direct rail and ferry access to the city.
The Rhodes Bay Masterplan is Billbergia’s long-term integrated plan for the Rhodes waterfront, combining residential stages with retail, public parks, recreation including the Rhodes Recreation Centre, and through-site pedestrian connections. The masterplan delivers public amenity alongside the residential stages rather than retrofitting it afterwards.
The Rhodes Bay transformation includes waterfront residential apartments, mixed-use podium retail, public parks and foreshore reserves, the Rhodes Recreation Centre, through-site pedestrian and cycling connections, and activated waterfront promenades and dining.
Rhodes Station on the T9 Northern Line provides direct rail to the Sydney CBD in approximately 22 minutes, and Parramatta River ferry services run from Rhodes Wharf. The peninsula’s walkable layout means daily life rarely requires a car.
Rhodes performs as a fundamentals-driven market: tight supply on the geographically constrained peninsula, transit access via rail and ferry, strong school catchments and amenity, and rental vacancy below 2 percent through 2024 to 2026. The masterplanned public amenity underpins durable owner-occupier and family demand.
Billbergia, a privately-owned Australian developer with an integrated developer-builder model and an iCIRT 4.5-Gold Star rating (2025), is central to the Rhodes Bay transformation, having delivered residential communities, retail and public amenity along the foreshore over the past two decades.
You can view the full Rhodes Bay Masterplan and current opportunities at billbergia.com.au/rhodes-bay-masterplan, or register your interest for stage-release information on upcoming residential releases.
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Explore Rhodes Bay
View the Rhodes Bay Masterplan and register your interest for first-look access to upcoming waterfront releases.
Information current as of June 2026. Sources: City of Canada Bay, Transport for NSW, CoreLogic, and Billbergia project documentation. General area and development commentary, not financial or property advice.
