Rankin Park NSW 2287

Here you can find what you need to know about Rankin Park, NSW, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$635k Median Sale Price (National Average $485k) 1483rd In NSW
14.05% Median Price Change (1 yr) (National Average 4.30%) 728th In NSW
$480pw Median Rent (National Average $395) 970th In NSW
3.9% Median Gross Yield (National Average 4.24%) 806th In NSW
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Properties sold 50
Average discounting -4.32%
Average Days on Market 30
Stock on Market 5 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Rankin Park, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Rankin Park, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Rankin Park, NSW National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Rankin Park


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State Auction Clearance Rates - January 2019

Auctions Clearance rate
NSW 7 0%
QLD 13 17%
SA 2 50%
TAS 1 0%
VIC 4 0%

Local Schools


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Suburb Information

Rankin Park, NSW 2287

Part of: Lake Macquarie Council No data available

The size of Rankin Park is approximately 1.4 square kilometres. It has 10 parks covering nearly 25.6% of total area. The population of Rankin Park in 2011 was 2,450 people. By 2016 the population was 2,465 showing a population growth of 0.6% in the area during that time. The predominant age group in Rankin Park is 60-69 years. Households in Rankin Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rankin Park work in a professional occupation. In 2011, 87.5% of the homes in Rankin Park were owner-occupied compared with 86.3% in 2016. (source: Australian Bureau of Statistics)

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Demographic data provided
by Australian Bureau of Statistics


Market Trends for Rankin Park   for Houses in last 12 months


There have been 52 Houses sold in Rankin Park in the past 12 months with a median sale price of $623K, up 9.21% annually. It takes on average 23 days to sell with vendor discounting of -3.07%.

Streets in Rankin Park


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