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Affordable Apartments in Rhodes

Rhodes: Strong Capital Growth Precinct

Rhodes, Sydney
Median: $980k
Yield: 5.0%

Why Affordable Apartments in Rhodes?

Rhodes provides balanced investment returns with 5% rental yield and 7.4% projected growth in the current market.

Rhodes is particularly well-suited for buyers seeking affordable apartments due to its strong market fundamentals, premium positioning, and excellent rental yields.

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Key Benefits

Entry-level apartments under $600,000
First Home Buyer Grant eligibility
Reduced or no stamp duty available
Strong rental yields (4.5-5.5%)
Capital growth in emerging corridors
Low strata fees and maintenance costs

Market Insights

Sydney's most affordable apartments cluster in Western and South-Western suburbs (Liverpool, Bankstown, Hurstville) where $450k-$550k secures modern 2BR units with parking, delivering 4.8-5.5% gross yields and access to Metro rail infrastructure.

First Home Buyer Grant ($10,000) combined with stamp duty concessions (nil for purchases under $650k) reduces effective purchase price by $30,000-$40,000, making suburbs like Wolli Creek, Arncliffe, and Wiley Park accessible at ~$520k for 1-2BR apartments.

Affordable precincts near new Metro stations (Bankstown line conversion, Western Sydney Airport corridor) are projected to deliver 8-12% annual capital growth through 2027, with Campsie, Belmore, and Lakemba offering exceptional value-to-amenity ratios.

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