Rankin Park, NSW 2287

Rankin Park, NSW 2287

Compare Part of Newcastle

114.30 km
Distance from CBD
29 k
Population
Median Sale Price
House
-
Updated on Mar 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Mar 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$410,000
0.0% $275,000 $840,000 22
2010
$458,000
+10.5% $200,000 $927,000 26
2011
$490,000
+6.5% $329,950 $945,000 37
2012
$450,000
-8.9% $317,000 $1,200,000 58
2013
$525,000
+14.3% $289,000 $782,000 35
2014
$520,000
-1.0% $429,000 $768,000 16
2015
$470,000
-10.6% $396,512 $580,000 20
2016
$540,000
+13.0% $380,000 $750,000 31
2017
$599,000
+9.8% $440,000 $818,000 40
2018
$640,100
+6.4% $450,000 $1,525,000 25
2019
$596,000
-7.4% $460,000 $875,000 27
2020
$652,000
+8.6% $530,000 $1,500,000 29
2021
$750,000
+13.1% $585,000 $950,000 25
2022
$785,111
+4.5% $665,000 $1,240,000 28
2023
$865,000
+9.2% $650,000 $1,151,515 34
2024
$876,000
+1.3% $670,000 $970,000 11
Median Sale Price
$865K
Based on 32 recorded sales within the last 12 months
Updated on 25 May 2024
Suburb Growth
+7.5%
Current Median Price: $865,000
Previous Median Price: $800,000
Based on 65 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Apr 2024)
Price Range Segments (12 months ending Apr 2024)
Median Weekly Rent Price
House
-
Updated on Mar 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Mar 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$440
0.0% $350 $500 7
2012
$470
+6.4% $330 $586 10
2013
$450
-4.4% $350 $600 26
2014
$415
-8.4% $300 $585 16
2015
$435
+4.6% $350 $650 32
2016
$455
+4.4% $385 $600 24
2017
$480
+5.2% $375 $720 27
2018
$490
+2.0% $410 $750 25
2019
$500
+2.0% $245 $700 12
2020
$500
0.0% $420 $750 18
2021
$550
+9.1% $380 $950 19
2022
$650
+15.4% $490 $780 15
2023
$650
0.0% $450 $875 23
2024
$690
+5.8% $550 $900 9
Median Rent Price
$650
per week
Based on 19 recorded rent within the last 12 months
Updated on 25 May 2024
Rent Price Growth
0.0%
Current Median Rent: $650
Previous Median Rent: $650
Based on 44 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.9%
Current Median Price: $865,000
Current Median rent: $650
Based on 51 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Apr 2024)

Auction Results For Rankin Park

Houses sold in Last 12 months ends 18 May 2024

$920K

Median Sale Price

100%

Clearance Rate

2/2

Sold/Reported

$920K

Highest Sale Price

Sold Price Range No. of Sold Properties
$800 K - $1 M
(Median Price Range)
1
$600 K - $800 K 1

Schools closest to Rankin Park, NSW 2287

School name Address Type Sector Distance
Wallsend South Public School SMITH RDWallsend 2287 Primary Government 0.7 km
Elermore Vale Public School JUBILEE RDWallsend 2287 Primary Government 0.7 km
Wallsend Public School MARTINDALE STWallsend 2287 Primary Government 2.03 km
Cardiff North Public School WANSBECK VALLEY RDCardiff 2285 Primary Government 1.98 km
St Kevin's Primary School MAIN RDCardiff 2285 Primary Catholic 2.45 km