Rankin Park, NSW 2287
Rankin Park property market
House sales narrowly top Rankin Park, with 52 sales at around $984k (up) as of July 2026, taking about 15 days to sell (down from 24 days last year), one of NSW's most in-demand house markets, with more than half being 3-bedroom.
House rentals follow, with 37 leases at $755 a week, renting out in about 16 days, with 3-bedroom the most common at around 60%. Then come 3 unit rentals at $595 a week.
Who lives hereA high-income, mostly owner-occupied, family-oriented suburb.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Rankin Park demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
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Detailed, institutional-grade analysis — well beyond the usual suburb snapshot.
InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
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Who lives in Rankin Park?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in Rankin Park
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in Rankin Park
Incomes, employment, and the occupation mix of the people who live here.
A typical household pulls in about 2.9× the typical individual — a multi-earner area.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around Rankin Park
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around Rankin Park
No school inside Rankin Park itself — the closest options around it are shown. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
- No schools within 5 km — widen the radius.
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Turnover
How settled or transient the community is — and where newcomers came from.
Rankin Park median house price & rent
Headline price, rent, yield and time on market for Rankin Park — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Rankin Park property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in Rankin Park
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
Rankin Park against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Rankin Park in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
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Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
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Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Rankin Park — Units & Houses, all bedrooms
Rankin Park median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in Rankin Park rose from $439k (Jul 2021) to $632k (Jun 2026) — +44.1% growth over five years — peaking at $888k between May 2025 and Apr 2026. Median house rent went from $369/wk to $485/wk (+31.4%) over the same period. For units, median rent went from $173/wk to $390/wk (+125.4%) over the same period.
Suburbs near Rankin Park: prices compared
The nearest suburbs to Rankin Park, ranked by distance — each lined up against Rankin Park on the same measures, so the differences jump out at a glance.
Suburbs like Rankin Park
Suburbs anywhere in NSW that behave like Rankin Park — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)
Rankin Park vs Warabrook: the closest sales-market match trades at a median of $503k against Rankin Park's $659k — about 24% lower, with homes selling in 11 days versus 9 days here.
Comparable sales markets to Rankin Park: Warabrook median house price, Elermore Vale property growth, Maryland median house price, Cardiff South median house price and Cameron Park property market.
Rankin Park's closest rental-market twins: Elermore Vale property growth, Maryland median house price, Warabrook property market, Cardiff South property market and Cameron Park property market. Each link opens that suburb's full market report.
Frequently asked · Rankin Park
25 data-driven answers about Rankin Park's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Rankin Park?
#The median house price in Rankin Park, NSW 2287 is $659k as of June 2026, based on 7 sales over the past 12 months. Houses there have moved +50.0% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
How much does it cost to rent in Rankin Park?
#The median weekly house rent in Rankin Park is $575 as of June 2026, drawn from 6 leases over the past 12 months. Units rent for around $575 per week. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.
How much is rent for a 3 bedroom house in Rankin Park?
#A 3 bedroom house in Rankin Park rents for a median $575 per week as of June 2026, drawn from 6 leases over the past 12 months. Across other house sizes: 4-bedroom $575/week. Unit rents: 1-bedroom $575/week, 2-bedroom $575/week, 3-bedroom $575/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.
What is the gross rental yield in Rankin Park?
#Gross rental yield in Rankin Park is 2.83% for houses as of June 2026, compared with the NSW unit median of 4.20%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
How much is a 3 bedroom house in Rankin Park?
#As of June 2026, Rankin Park medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | — | $659k | $659k | $659k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
What does it cost to own versus rent at the Rankin Park median?
#At the median Rankin Park house ($659k purchase, $575/week rent), weekly mortgage repayments sit at roughly $753 — about $178 more per week than renting. That gap is the ownership premium. Figures assume 80% LVR, a 6.0% interest rate and a 30-year principal-and-interest loan.
How the market is moving
Speed, supply, growth, cycle phaseWhat are Rankin Park's property market trends?
#Rankin Park's property market trends to June 2026: house prices rose +50.0% year-on-year; weekly house rents moved +50.0%; homes now sell in a median 9 days — faster than a year ago by 8; sales supply sits at 1.6 months (severe). Read together — price, rent, selling speed and supply — they show which way the Rankin Park market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about Rankin Park as an investment?
#As of June 2026 in Rankin Park, house prices rose +50.0% over the year, gross rental yield is 2.83% against a NSW median of 2.77%, houses take a median 9 days to sell, sales supply is 1.6 months (severe). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
How quickly do houses sell in Rankin Park?
#Houses in Rankin Park sell in a median 9 days on market as of June 2026. Days on market have tightened by 8 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Rankin Park a tight or loose property market right now?
#Rankin Park's sales market sits at 1.6 months of supply for houses as of June 2026 — classified as Severe (extreme shortage) against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is looser at 2.6 months of supply.
Have property prices in Rankin Park gone up or down?
#House prices in Rankin Park moved +50.0% over the 12 months to June 2026. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
How active is the rental market in Rankin Park?
#Rankin Park's house rental market sits at 2.6 months of supply as of June 2026 — classified as Saturated (extreme oversupply), with 9 houses leased over the past 12 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
Where is Rankin Park in its property market cycle?
#Rankin Park's house market is currently in the 'in_demand_growing' phase as of June 2026 — combining above-median sales velocity nationally with year-on-year tightening in days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.
How it compares
Vs state, vs nearby, vs popularHow does Rankin Park compare to other NSW suburbs?
#Rankin Park's median house price ($659k) is 3% below the NSW median ($681k) as of June 2026. On selling speed, houses clear in 9 days vs 21 days state median. On gross yield, Rankin Park sits at 2.83% vs 2.77% state median.
How does Rankin Park compare to neighbouring suburbs?
#Rankin Park's most-similar nearby market is Warabrook (3.5 km away) with a median house price of $503k — about 24% cheaper. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.
What's the most popular property type in Rankin Park?
#The most-transacted segment in Rankin Park over the 12 months to June 2026 is 3 bed houses with 30 sales. 4 bed houses come second at 30 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in Rankin Park last year?
#Rankin Park recorded 30 house sales and 0 unit sales over the 12 months to June 2026 — a combined 30 transactions. On the rental side, 9 houses and 9 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Rankin Park in?
#Rankin Park is in postcode 2287, in the Newcastle & Lake Macquarie region of NSW. Addresses there are written as Rankin Park, NSW 2287.
What is the population of Rankin Park?
#Rankin Park, NSW 2287 is home to 2,114 residents (ABS Census 2021). The median resident age is 27, and the average household holds 1.7 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Rankin Park?
#The median household in Rankin Park earns $2k per week — roughly $78k a year (ABS Census 2021). Median personal income runs $521/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Rankin Park?
#The unemployment rate in Rankin Park is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in Rankin Park?
#Rankin Park is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near Rankin Park?
#Rankin Park has 150 schools within reach — including Wallsend South Public School, New Lambton Heights Infants School, John Hunter Hospital School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Rankin Park a good place to live?
#Rankin Park, NSW 2287 has a population of 2,114, a median age of 27, a median household income around $2k/week, 50% of households renting (ABS Census 2021). There are 150 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this Rankin Park market data last updated?
#This Rankin Park market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.