Rushcutters Bay, NSW
UNDERVALUED3,323 sales · 36 years of data · NSW, Australia
Rushcutters Bay, NSW Property Market Overview
Rushcutters Bay, NSW, 2011, is a desirable harbourside suburb located in Sydney's Eastern Suburbs. Our comprehensive analysis of Rushcutters Bay's property market is based on 36 years of recorded sales data, encompassing a total of 3,323 transactions. The current median property price across all property types in Rushcutters Bay is $882,000.
Rushcutters Bay is renowned for its proximity to Sydney Harbour, its leafy parks, and its mix of residential apartments and houses. While the median house price currently sits at $3,100,000, the median apartment price aligns with the overall median at $882,000, reflecting the suburb's high proportion of strata properties. This detailed report will delve into the historical performance, market dynamics, and lifestyle aspects that shape the Rushcutters Bay property landscape.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Rushcutters Bay
Top streets in Rushcutters Bay, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Waratah St | $1,857,500 |
| 2 | Queens Ave | $1,800,000 |
| 3 | Roslyn Gdns | $593,000 |
| 4 | Elizabeth Bay Rd | $1,550,000 |
... and 31 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Clement St | $16,495/m² |
| 2 | Bayswater Rd | $18,308/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Clement St | +3.8% |
| 2 | Queens Ave | +2.9% |
| 3 | Bayswater Rd | +2.3% |
| 4 | Roslyn St | +1.3% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
| # | Address | Median |
|---|---|---|
| 1 | 42 Bayswater Rd | $520,500 |
| 2 | 51 Bayswater Rd | $787,500 |
| 3 | 1 Clement St | $1,600,000 |
| 4 | 153 Bayswater Rd | $1,260,000 |
... and 97 more buildings
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Rushcutters Bay analysis
35 streets and 101 buildings to explore
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Rushcutters Bay at a Glance
Rushcutters Bay, NSW
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Local Amenities
Living in Rushcutters Bay, NSW
Living in Rushcutters Bay offers a vibrant and convenient lifestyle. The suburb is home to Rushcutters Bay Park, a popular green space for recreation and relaxation. The suburb offers a mix of cafes, restaurants, and boutique shops. For families, there are several schools in the vicinity, including Sydney Grammar School (Edgecliff Preparatory School) and nearby Darlinghurst Public School.
The vibe in Rushcutters Bay is sophisticated and relaxed, with a strong sense of community. The suburb's proximity to the harbour and its abundance of green spaces contribute to its appeal. Transport options are plentiful, with easy access to bus routes and nearby train stations like Kings Cross Station. Rushcutters Bay offers a blend of urban convenience and harbourside serenity.
Who Buys in Rushcutters Bay?
The buyer profile in Rushcutters Bay is diverse, but heavily influenced by the high proportion of strata properties (78.5%). Given the median apartment price of $882,000, Rushcutters Bay attracts young professionals, downsizers, and investors looking for apartment living. The higher median house price of $3,100,000 may appeal to families seeking larger properties. The historical CAGR figures suggest a long-term growth potential, making Rushcutters Bay attractive to those seeking capital appreciation. The suburb's location and lifestyle amenities also contribute to its desirability among different buyer segments.
Market Analysis
Currently, the Rushcutters Bay property market is positioned below its long-term trend, indicating undervalued territory. This cycle position reflects a point in the market where property values are lower relative to their historical performance. While this observation provides a snapshot of the market, potential buyers and sellers should conduct their own due diligence and seek professional advice before making any decisions.
The current market position in Rushcutters Bay suggests a potential opportunity for growth as the market normalises. However, it's important to consider broader economic factors and local market conditions that may influence future price movements. This analysis, based on historical data, offers insights into the cyclical nature of the Rushcutters Bay property market.
Is Rushcutters Bay a Good Investment?
Rushcutters Bay's historical growth patterns and current market position provide valuable insights for potential investors. The suburb has experienced a full-period CAGR of 5.7% over the past 36 years, indicating consistent long-term growth. While the 10-year CAGR is 1.0% and the 20-year CAGR is 2.4%, the longer-term trend suggests a robust property market. The current cycle position, indicating undervalued territory, presents a potential entry point for buyers.
Factors driving property values in Rushcutters Bay include its prime harbourside location, proximity to the CBD, and lifestyle amenities. The high proportion of apartments and the suburb's development density contribute to its affordability relative to neighbouring suburbs. These factors, combined with the historical growth trends, shape the overall investment appeal of Rushcutters Bay. Understanding these dynamics is crucial for anyone considering a property purchase in the area. As of early 2026, the Rushcutters Bay market presents an interesting case study.
Rushcutters Bay Market Outlook
As of early 2026, the Rushcutters Bay property market is currently positioned below its long-term trend, indicating undervalued territory. Recent price trends suggest a potential for future growth, as the market recovers. However, it's important to monitor broader economic conditions and local market dynamics that may influence property values. This snapshot provides a current assessment of the Rushcutters Bay market based on historical data and recent observations.
Streets & Location in Rushcutters Bay, NSW
Rushcutters Bay, postcode 2011, is characterised by its prime location on Sydney Harbour. The suburb comprises 35 streets, with notable streets in Rushcutters Bay including QUEENS AVE, ELIZABETH BAY RD, and ROSLYN ST, which exhibit some of the highest median property prices in the area. These streets contribute significantly to the suburb's overall property value and desirability. The suburb's proximity to the harbour and surrounding amenities makes it a sought-after location for residents.
Market Dynamics
The average settlement time for properties in Rushcutters Bay is currently 54 days, reflecting a standard timeframe for property transactions. There is no quick-flip percentage data available, which suggests that speculative short-term trading is not a dominant feature of the Rushcutters Bay market. This indicates a stable market with typical transaction patterns. Understanding these market dynamics is crucial for anyone looking to buy or sell property in Rushcutters Bay.
Development & Density
Rushcutters Bay exhibits a high degree of development density, with 101 apartment buildings contributing significantly to the suburb's housing stock. Strata properties account for 78.5% of the total property mix in Rushcutters Bay, indicating a prevalence of apartment living. This high proportion of apartments shapes the character of the suburb and influences property prices. The development density reflects Rushcutters Bay's popularity and its ability to accommodate a large number of residents in a relatively small area.
Growth & Property Mix
Historically, Rushcutters Bay has demonstrated consistent property value appreciation. Over the past 10 years, Rushcutters Bay has seen a compound annual growth rate (CAGR) of 1.0%. Looking further back, the 20-year CAGR stands at 2.4%. Examining the entire 36-year period, the full-period CAGR for Rushcutters Bay is 5.7%. These figures provide context to the long-term growth patterns in Rushcutters Bay, noting the varied performance over different timeframes, and the high proportion of apartments.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.