The Rocks, NSW
UNDERVALUED1,451 sales · 28 years of data · NSW, Australia
The Rocks, NSW Property Market Overview
The Rocks, NSW, postcode 2000, is a historic harbourside suburb in Sydney, offering a unique blend of heritage charm and modern living. With 28 years of property data analysed by AusPropertyInsights.app, The Rocks has recorded 1,451 total sales, showcasing its consistent market activity. The current median property price for all dwellings sits at $2,225,000, reflecting the area's prestige and desirability.
This iconic location boasts a diverse range of property types, including both houses and apartments, with median prices of $2,450,000 and $2,225,000 respectively. The Rocks is renowned for its cobblestone streets, historic buildings, and proximity to Sydney's major attractions, making it a sought-after location for residents and visitors alike. AusPropertyInsights.app provides detailed analysis of The Rocks's property market trends, empowering users with comprehensive data for informed decision-making.
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 The Rocks
Top streets in The Rocks, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Gloucester St | $3,797,500 |
| 2 | Harrington St | $1,620,000 |
| 3 | Cumberland St | $3,600,000 |
... and 4 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 | Cumberland St | $34,717/m² |
| 2 | Harrington St | $20,870/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 | Gloucester St | +6.2% |
| 2 | Harrington St | +2.6% |
... 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 | 129 Harrington St | $1,922,500 |
| 2 | 38 D Cumberland St | $3,425,000 |
| 3 | 38 B Cumberland St | $6,400,000 |
| 4 | 38 E Cumberland St | $3,650,000 |
... and 195 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 The Rocks analysis
8 streets and 199 buildings to explore
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The Rocks at a Glance
The Rocks, NSW
Map data © OpenStreetMap contributors
Local Amenities
Living in The Rocks, NSW
Living in The Rocks offers a unique blend of historical charm and modern convenience. The suburb is renowned for its cobblestone streets, heritage buildings, and vibrant atmosphere. Residents enjoy easy access to Sydney's iconic landmarks, including the Sydney Harbour Bridge and Opera House.
The Rocks boasts numerous restaurants, cafes, and pubs, creating a lively social scene. Nearby amenities include Circular Quay train station, providing easy access to the city and other parts of Sydney. While there aren't any schools directly within The Rocks, there are several schools in neighbouring suburbs like Sydney Grammar School and St Andrew's Cathedral School. Parks such as Observatory Hill Park are within walking distance, offering green spaces for relaxation and recreation. The Rocks Markets, held every weekend, provide a unique shopping experience.
The Rocks offers a vibrant community atmosphere, attracting both residents and tourists with its unique blend of history, culture, and entertainment.
Who Buys in The Rocks?
The Rocks typically attracts a diverse range of buyers, including professionals, downsizers, and investors. The high median property price of $2,225,000, as analysed by AusPropertyInsights.app, suggests that buyers in The Rocks are generally in a higher income bracket.
The dominance of apartments, with a strata percentage of 89.9%, makes The Rocks particularly appealing to those seeking low-maintenance living. The historical CAGR figures indicate a consistent appreciation in property values, attracting investors looking for long-term growth. While families may be present, the high apartment density suggests that downsizers and professionals are more prevalent in The Rocks's buyer demographic.
Market Analysis
Currently, The Rocks's property market is considered to be below its long-term trend, placing it in undervalued territory. This means that, based on historical data and current market conditions analysed by AusPropertyInsights.app, property values in The Rocks are currently lower than what would be expected based on long-term trends.
Understanding The Rocks's cycle position is crucial for interpreting market dynamics. While the specific deviation from the trend is premium data accessible to subscribers, the fact that The Rocks is undervalued suggests potential for future growth as the market corrects and aligns with historical patterns. AusPropertyInsights.app's comprehensive analysis helps users navigate these market fluctuations effectively.
Is The Rocks a Good Investment?
Analysing The Rocks's property market through the lens of AusPropertyInsights.app reveals consistent long-term growth patterns. The historical CAGR of 6.6% over the full data period demonstrates the suburb's resilience and potential for value appreciation. Even over shorter timeframes, the 10-year CAGR of 4.8% suggests a solid growth trajectory.
Currently, The Rocks is considered to be below its long-term trend, placing it in undervalued territory. While the specific deviation from the trend is premium data, this positioning suggests a potential opportunity for future growth as the market corrects and aligns with historical patterns. AusPropertyInsights.app's comprehensive analysis provides valuable insights into The Rocks's growth drivers, helping users understand the factors influencing property values in this unique suburb.
The Rocks Market Outlook
As of early 2026, The Rocks's property market, according to AusPropertyInsights.app, is currently below its long-term trend. This means it is considered to be in undervalued territory. The recent price trends in The Rocks reflect this cycle position.
While AusPropertyInsights.app provides detailed data on market fluctuations, the overall outlook for The Rocks remains influenced by its historical significance, prime location, and ongoing development. The suburb's unique character and desirable lifestyle continue to attract buyers and renters alike, shaping its market dynamics.
Streets & Location in The Rocks, NSW
Located in postcode 2000, The Rocks is a prime Sydney harbourside suburb with a unique streetscape. AusPropertyInsights.app identifies Cumberland Street, Gloucester Street, and Harrington Street as having some of the highest median property prices in The Rocks. These streets contribute to the suburb's overall desirability and premium property values.
With a total of only 8 streets, The Rocks maintains a distinct and intimate character. Its proximity to Circular Quay and the Sydney Harbour Bridge further enhances its appeal, offering residents easy access to transport and iconic landmarks.
Market Dynamics
The Rocks's property market exhibits specific transaction patterns, with an average settlement timeframe of 55 days, according to AusPropertyInsights.app's analysis. This indicates the typical duration between agreeing to a sale and completing the transaction.
AusPropertyInsights.app tracks a range of market activity metrics in The Rocks, providing valuable insights into buyer and seller behaviour. While quick-flip data is not currently available, the settlement timeframe offers a glimpse into the efficiency and pace of property transactions in this unique suburb.
Development & Density
The Rocks has a high concentration of apartment buildings, with a total of 199 contributing to the suburb's development density. AusPropertyInsights.app data shows that this reflects the suburb's character as a predominantly apartment-based residential area.
The high strata percentage of 89.9% further underscores this trend, highlighting the prevalence of apartment living in The Rocks. This concentration of apartments contributes to the suburb's vibrant and urban atmosphere, as analysed by AusPropertyInsights.app.
Growth & Property Mix
Over the past 10 years, The Rocks has experienced a Compound Annual Growth Rate (CAGR) of 4.8%, while the 20-year CAGR stands at 3.7%. Looking at the full 28-year period, The Rocks has achieved a CAGR of 6.6%. These figures, as analysed by AusPropertyInsights.app, provide insight into the suburb's long-term property value appreciation.
The property mix in The Rocks is predominantly strata title apartments, accounting for 89.9% of properties. This high percentage reflects the suburb's urban character and its focus on apartment living, as per AusPropertyInsights.app's detailed data.
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.