Property for sale in Rhodes NSW spans waterfront apartments along the Parramatta River foreshore, masterplanned Rhodes Central residences, and selected detached and townhouse stock east of Concord Road. 2026 entry pricing runs approximately $770,000 for one-bedroom, $1.05M two-bedroom and $1.52M three-bedroom in new stock. Strong investment fundamentals: rail and ferry access, school catchments, sub-2% rental vacancy.
9 min read | Rhodes Property Advice | Last reviewed June 2026
Rhodes is one of Sydney’s quietly outperforming inner west waterfront suburbs. This guide covers what is available, current 2026 pricing bands, transit and school catchments, the Rhodes Bay Masterplan context, and how to access first-look stock before it hits portals.
Rhodes at a glance
Rhodes sits on the Parramatta River approximately 14 kilometres west of the Sydney CBD, inside the City of Canada Bay LGA. The suburb is bounded by Homebush Bay to the south, the Parramatta River to the west and north, and Concord Road to the east. Rhodes Station on the T9 Northern Line anchors the town centre, with the Rhodes peninsula extending north towards the river.
- LGA: City of Canada Bay
- Median apartment price (2026): approximately $1,150,000
- Population (2021 Census, ABS): approximately 13,400
- Rail line: T9 Northern Line direct to Sydney CBD
- Ferry: Parramatta River route via Rhodes Wharf
What property is for sale in Rhodes
Rhodes property splits into three categories, each with distinct buyer profiles:
- Waterfront apartments along the Parramatta River foreshore. Predominantly one to three-bedroom, with selected sub-penthouse and penthouse stock. Owner-occupier downsizer demand dominates.
- Town centre apartments in the Rhodes Central masterplanned mixed-use precinct. Strong transit access (under 200 metres to station), with one to three-bedroom configurations.
- Detached houses and townhouses in the heritage residential pocket east of Concord Road. Limited supply, tightly held, predominantly family owner-occupier demand.
2026 pricing bands and configurations
| Configuration | Typical 2026 entry price | Notes |
|---|---|---|
| 1-bedroom + parking | From approximately $770,000 | FHBAS-eligible at lower bands |
| 2-bedroom + parking | $1,050,000 to $1,250,000 | Most active turnover band |
| 3-bedroom + 2 parking | From approximately $1,520,000 | Family-focused demand |
| Sub-penthouse / penthouse | From $2,200,000 | Waterfront aspect premium |
| Detached house | $2,400,000 to $4,000,000+ | Limited supply, tightly held |
Transit access and commute times
Rhodes’ commute footprint is strong across multiple Sydney employment hubs:
| Destination | Journey time | Mode |
|---|---|---|
| Sydney CBD (Central) | ~22 minutes | T9 direct |
| Strathfield interchange | ~6 minutes | T9 direct |
| Parramatta CBD | ~17 minutes | T9 to Strathfield, interchange |
| Macquarie Park | ~28 minutes | T9 to Epping interchange |
| Parramatta CBD (ferry) | ~35 minutes | Rhodes Wharf direct |
School catchments and education
- Concord West Public School (K to 6): catchment school, ICSEA rating consistently above 1,100
- Concord High School (7 to 12): catchment school, strong NAPLAN performance
- Trinity Grammar (Strathfield): private boys’ school within reasonable drive time
- MLC School Burwood: private girls’ school within drive time
- PLC Sydney Croydon: private girls’ school within drive time
The Rhodes Bay Masterplan
The Rhodes Bay Masterplan is Billbergia’s long-term masterplanned community covering ongoing residential and mixed-use releases across the Rhodes waterfront. The masterplan integrates:
- Residential apartment stages (completed and upcoming)
- Mixed-use podium retail at street level
- Public parks and waterfront recreation
- Through-site pedestrian connections
- Public amenity including the Rhodes Recreation Centre
For buyers seeking first-look access to upcoming Rhodes Bay stages, register interest through billbergia.com.au. Registered buyers receive stage release timing, indicative pricing and floor plans 4 to 12 weeks before stock pushes wide to portals.
Rental yields and investment outlook
Rhodes apartment rental yields run between 3.8 and 4.5 percent gross in 2026 (CoreLogic, 2026). Rental vacancy in Rhodes has consistently sat below 2 percent through 2024 to 2026, supported by transit access, Macquarie Park employment demand, and the broader Greater Parramatta to Olympic Peninsula (GPOP) growth corridor.
Median apartment prices in Rhodes have compounded steadily through 2024 to 2026 against broader Sydney apartment market headwinds, driven by tight new supply, strong school catchment access, and ongoing infrastructure investment in the broader GPOP corridor.
Frequently asked questions
Rhodes property splits across waterfront apartments along the Parramatta River foreshore, masterplanned Rhodes Central mixed-use residences, and selected detached houses and townhouses east of Concord Road. New apartment stock dominates current available supply.
Indicative 2026 new-stock pricing: one-bedroom from approximately $770,000, two-bedroom from $1,050,000 to $1,250,000, three-bedroom from $1,520,000. Premium waterfront sub-penthouses range from $2.2 million upward.
Rhodes is served by Rhodes Station on the T9 Northern Line, with direct services to Central (approximately 22 minutes). River ferry services run from Rhodes Wharf via the Parramatta River route. Buses run along Concord Road and Homebush Bay Drive.
The catchment public schools are Concord West Public School (K to 6) and Concord High School (7 to 12). Both have strong NAPLAN performance and ICSEA ratings consistently above 1,100.
The Rhodes Bay Masterplan is Billbergia’s long-term masterplanned community covering ongoing residential and mixed-use releases across the Rhodes waterfront. Stages include Rhodes Central completed residences and ongoing releases.
Rhodes apartment rental yields run between 3.8 and 4.5 percent gross in 2026. One-bedroom stock tends to yield higher (4.2 to 4.5 percent), three-bedroom 3.6 to 3.9 percent. Rental vacancy has consistently been below 2 percent through 2024 to 2026.
For Billbergia stock at Rhodes Central and within the Rhodes Bay Masterplan, register interest at billbergia.com.au. For established stock, the major aggregator portals (realestate.com.au, Domain, allhomes.com.au) carry current Rhodes listings filtered by suburb.
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Rhodes Bay Masterplan stock
Register your buyer brief to receive stage release timing, floor plans and indicative pricing for upcoming Rhodes Bay Masterplan releases.
Information current as of June 2026. Sources: CoreLogic, Revenue NSW, NSW Department of Education, City of Canada Bay, ABS 2021 Census and Billbergia project documentation. Pricing and availability subject to change. General market commentary, not financial or property advice.
