The Russell Lea locality took its name from the 60 acre estate of Russell Barton. His imposing mansion and quiet rural estate was on the North side of Lyons Road, near Sibbick Street.
A pamphlet advertising an auction sale of the first subdivision in 1913 showed ‘Russell Lea Estate – Between Two Trams. (The Five Dock-Abbotsford tram and the Drummoyne Tram). The allotments were up for sale with 10% deposit, balance in 36 monthly instalments with interest at 6%.
Russell Lea today is a sleepy suburb very popular with young families as it is so close to Drummoyne and Five Dock shopping centres. Russell Lea has an area of 101.3 hectares.
About Warwick Williams Real Estate
Showcasing a prominent local presence in Russell Lea and a team illustrating rich and accumulative experience, Warwick Williams Real Estate offers an unrivalled calibre of personal attention. Established with a focus on delivering a personal and customised service, our commitment to honesty, integrity and professionalism is reflected in our strong sales history and industry reputation in Russell Lea and surrounding suburbs.
Demographics
Market Trends
| Bedrooms | Type | Median Price | Avg Days on market | Clearance Rate | Sold this Year | |||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2 Beds | House | $1.6m | - | 91% | 12 | ＋ | ||||||||||||||||||||||||||||
|
Market Performance
Sales Price Range
MEDIAN PRICE
$1.6m
ENTRY LEVEL
$1.14m
HIGH END
$2.86m
Sold this year
12
Rental median price
$590
Auction clearance
Higher = more competition
91%
Average days on market
Lower = more competition
-
Sales and Growth
|
||||||||||||||||||||||||||||||||||
| 3 Beds | House | $1.77m | 41 days | 73% | 20 | ＋ | ||||||||||||||||||||||||||||
|
Market Performance
Sales Price Range
MEDIAN PRICE
$1.77m
ENTRY LEVEL
$1.1m
HIGH END
$5.57m
Sold this year
20
Rental median price
$800
Auction clearance
Higher = more competition
73%
Average days on market
Lower = more competition
41 days
Sales and Growth
|
||||||||||||||||||||||||||||||||||
| 4 Beds | House | $2.43m | - | 90% | 18 | ＋ | ||||||||||||||||||||||||||||
|
Market Performance
Sales Price Range
MEDIAN PRICE
$2.43m
ENTRY LEVEL
$1.95m
HIGH END
$3.68m
Sold this year
18
Rental median price
$1.1k
Auction clearance
Higher = more competition
90%
Average days on market
Lower = more competition
-
Sales and Growth
|
||||||||||||||||||||||||||||||||||
| 5 Beds | House | - | - | - | 5 | ＋ | ||||||||||||||||||||||||||||
|
Market Performance
Not enough data5 sales this year for 5 bedroom House in Russell Lea, market performance data requires a minimum of 10 sales. |
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| 2 Beds | Unit | - | - | - | 8 | ＋ | ||||||||||||||||||||||||||||
|
Market Performance
Not enough data8 sales this year for 2 bedroom Unit in Russell Lea, market performance data requires a minimum of 10 sales. |
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| 3 Beds | Unit | - | - | - | 2 | ＋ | ||||||||||||||||||||||||||||
|
Market Performance
Not enough data2 sales this year for 3 bedroom Unit in Russell Lea, market performance data requires a minimum of 10 sales. |
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