Russell Lea, NSW
FAIR VALUE1,744 sales · 34 years of data · NSW, Australia
Russell Lea, NSW Property Market Overview
Russell Lea, NSW, 2046, is a sought-after suburb located in Sydney's Inner West. With 34 years of recorded property sales data, our analysis covers a total of 1,744 sales. The current median property price in Russell Lea is $2,945,000, reflecting its desirability and established residential character.
Russell Lea boasts a mix of housing types, with the current median house price at $3,300,000 and the current median apartment price at $1,307,500. The suburb's historical growth is notable, making it an area of interest for both homeowners and those observing the Sydney property market. Russell Lea offers a blend of lifestyle amenities and convenient location, contributing to its sustained property value.
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 Russell Lea
Top streets in Russell Lea, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Russell St | $3,580,000 |
| 2 | Lyons Rd | $2,500,000 |
| 3 | Bouvardia St | $2,815,000 |
| 4 | Burnell St | $4,110,000 |
... and 39 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 | Seabrook Ave | $9,419/m² |
| 2 | Byrne Ave | $9,168/m² |
| 3 | Clements St | $9,598/m² |
| 4 | Bouvardia St | $8,581/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 | Hampden Rd | +7.1% |
| 2 | Lamrock Ave | +8.1% |
| 3 | Edenholme Rd | +7.1% |
| 4 | Russell St | +7.9% |
... 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 | 54 Hampden Rd | $1,300,000 |
| 2 | 65 Parkview Rd | $1,135,000 |
| 3 | 96 Hampden Rd | $995,000 |
... and 34 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 Russell Lea analysis
43 streets and 38 buildings to explore
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Russell Lea at a Glance
Russell Lea, NSW
Map data © OpenStreetMap contributors
Local Amenities
Living in Russell Lea, NSW
Living in Russell Lea offers a blend of suburban tranquility and convenient access to city amenities. The suburb is known for its leafy streets, parks, and community atmosphere. Families are drawn to Russell Lea due to its proximity to quality schools, including Russell Lea Infants School and Five Dock Public School.
Residents enjoy easy access to local shopping centres, such as those in nearby Five Dock and Drummoyne, offering a range of retail and dining options. For recreation, there are parks like Rodd Park and Taplin Park along the Parramatta River, providing scenic walking paths and green spaces. While there isn't a direct train station within Russell Lea, frequent bus services connect residents to nearby stations like Burwood and Strathfield.
The vibe in Russell Lea is generally relaxed and family-oriented, with a strong sense of community. The suburb's character is defined by its well-maintained homes, established gardens, and a mix of architectural styles.
Who Buys in Russell Lea?
Russell Lea attracts a diverse range of buyers, including families, professionals, and increasingly, downsizers. The high median house price of $3,300,000 reflects the suburb's appeal to established families seeking larger homes in a desirable location.
The significant apartment market, represented by the 30.7% strata percentage and median apartment price of $1,307,500, also appeals to first-home buyers and young professionals. The suburb's historical growth, with a 10-year CAGR of 7.3%, further attracts buyers looking for long-term capital appreciation. The mix of housing options and price points caters to a broad spectrum of the Sydney property market.
Market Analysis
Our analysis of Russell Lea's property market, as of early 2026, indicates that the suburb is currently near its long-term trend, suggesting fair value. This means that property prices in Russell Lea are generally aligned with their historical performance, considering factors such as interest rates, economic conditions, and local demand.
The cycle position reflects a market where price movements are currently within expected ranges based on past trends. For those tracking the property market, this indicates a degree of stability in Russell Lea, although external economic factors can still influence future price fluctuations. The data suggests that the Russell Lea market is neither excessively hot nor particularly depressed, but rather operating at a balanced level.
Is Russell Lea a Good Investment?
Russell Lea's historical growth patterns suggest a suburb with enduring appeal. The 10-year CAGR of 7.3% and the 20-year CAGR of 9.7% point to sustained property value appreciation over time. These figures reflect the suburb's desirability and its ability to maintain value through various market cycles.
The fact that Russell Lea is currently near its long-term trend suggests a market operating at fair value. This indicates that the suburb's property prices are aligned with its historical performance, making it an area of interest for those tracking the Sydney property market. The consistent growth and balanced market position contribute to Russell Lea's reputation as a stable and desirable residential location.
Factors driving property values in Russell Lea include its proximity to the city, quality schools, parks, and a strong sense of community. The suburb's established residential character and ongoing development further contribute to its sustained appeal.
Russell Lea Market Outlook
As of early 2026, Russell Lea's property market is showing signs of stability, with prices near their long-term trend. Recent trends indicate a balanced market, reflecting the suburb's enduring appeal and established residential character.
While external economic factors can influence future price fluctuations, the current market conditions in Russell Lea suggest a degree of consistency. The suburb's desirability and convenient location continue to support property values, making it an area of interest for those observing the Sydney property market as of early 2026.
Streets & Location in Russell Lea, NSW
Russell Lea, postcode 2046, features a variety of sought-after streets, including LEA AVE, SIBBICK ST, and HAMPDEN RD, which exhibit some of the highest median property prices in the suburb. With a total of 43 streets, Russell Lea offers a diverse range of residential settings.
Located in Sydney's Inner West, Russell Lea benefits from its proximity to the city centre and access to local amenities. The suburb’s location contributes to its desirability and sustained property values, making it a popular choice for residents and those observing the Sydney property market.
Market Dynamics
Market transactions in Russell Lea typically see an average settlement timeframe of 59 days. This indicates a standard period for completing property sales in the area, reflecting typical conveyancing processes.
Data regarding quick-flip percentages is currently unavailable, which might be due to very low activity in this specific area. Further analysis would be required to determine the extent of any short-term property trading within Russell Lea. The settlement timeframe data offers insight into the pace of property transactions in the suburb.
Development & Density
Russell Lea features a mix of housing types, with 38 apartment buildings contributing to the suburb's development density. The suburb has seen a gradual increase in higher-density living options over the years, while still maintaining a significant proportion of detached houses.
The 30.7% strata percentage indicates the proportion of apartments relative to houses in Russell Lea. This mix of property types caters to a diverse range of residents, from families seeking larger homes to individuals and couples opting for apartment living. The ongoing development in Russell Lea reflects its evolution as a desirable Inner West suburb.
Growth & Property Mix
Russell Lea's property market has demonstrated significant growth over the long term. The suburb has achieved a 10-year compound annual growth rate (CAGR) of 7.3% and an impressive 20-year CAGR of 9.7%. Over the entire 34-year period of available data, Russell Lea has shown a CAGR of 8.1%.
Russell Lea presents a mix of property types, with approximately 30.7% of properties being apartments, reflecting the suburb's increasing density and diverse housing options.
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.