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Rathmines suburb profile

Rathmines is a small lakeside suburb on the western shore of Lake Macquarie that centres on a calm, water-facing lifestyle. The foreshore, jetty and boat ramps make it a natural base for boating, fishing and watersports, while pockets of bushland and reserve give streets a tucked-away feel. Housing ranges from older holiday-era cottages to renovated family homes and newer builds that take advantage of lake views. Everyday shopping and services are found in nearby Toronto, so Rathmines tends to attract boating enthusiasts, families and people seeking a quieter, waterfront neighbourhood with a strong local history including the site of a former flying boat base.

Rathmines property market performance

Rathmines sees relatively few property sales, so there isn't enough recent data to publish a reliable median price for houses or units. The figures that are available show house values rose a modest 2.3% over the last 12 months.

Over the last 3 months seven houses sold, and the median time to sell for houses over the last 12 months was 35 days.

The rental market in Rathmines saw house rents average $685 a week over the last 12 months, declining moderately, down 4.9%.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
2.3%N/A
Sold
Past 3 months
7N/A
Median days on market
Past 12 months
35N/A
Average rent
Past 12 months
$685N/A
Change in rent
Past 12 months
-4.9%N/A

5 year median price trend for houses and units

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Rathmines demographics

Rathmines is home to 2,076 people, with a median age of 47 and a median total household income of $1,517 a week, roughly $78,884 a year.

Family types are dominated by couple families, which together make up about 79.7% of families: 44.4% are couple families without children and 35.3% are couple families with children. One-parent families account for 19.7% and other families 0.6%.

In Rathmines, most homes are owner-occupied, with 86.1% combining owned outright (45.0%) and owned with a mortgage (41.1%), while 13.9% of dwellings are rented.

Suburbs near Rathmines

Some popular suburbs near Rathmines include:

  • Balmoral: Tranquil suburban pocket beside Lake Macquarie, with bushland backdrops.
  • Kilaben Bay: Popular for waterfront reserves and foreshore walks around the lake.
  • Fishing Point: Semi-rural locality known for sheltered water and boating access.
  • Buttaba: Leafy, low-density residential area with woodland and lake outlooks.
  • Coal Point: Historic peninsula with mature trees and established streets.

How does Rathmines compare to nearby suburbs?

  • Median house prices: Rathmines’s median house price is 27.9% lower than Kilaben Bay’s.
  • House price growth: Over the past 12 months, house prices in Rathmines have grown 48.8% higher than in Coal Point.
  • Selling speed for houses: Properties in Rathmines are selling 28.6% faster than in Kilaben Bay.

Choose the right real estate agents in Rathmines

Currently, there are 14 real estate agents working in Rathmines—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 14 agents sold 67.9% of all properties in Rathmines over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Rathmines typically charge a commission of 1.92% to 2.88%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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