CostAtlas

Rent in North Richmond, Tennyson and The Slopes (2754)

The median new lease in 2754 was $650 a week in January–September 2026, from 142 leases lodged with NSW Fair Trading. That is 19% below the Sydney median of $800, and 33rd cheapest of 218 Sydney postcodes.

Rent by type of home

Most new leases here are houses, at a median $700 a week. Only home types with at least 10 new leases in January–September 2026 are shown.

HomeMedian rent ($/wk)New leases
2-bedroom house$54025
3-bedroom house$65035
4-bedroom house$87041

How rent has changed since 2021

Rent on a new lease here rose 48% in five years, from $440 a week in January–September 2021 to $650 in January–September 2026, slower than the Sydney-wide rise of 60%. Over the past year it rose 5%, against a 7% rise across Sydney.

$400$500$600$700$800$900202120222023202420252026Sydney $8002754 $630
2754Greater Sydney
Median weekly rent on new leases by quarter. Quarters with fewer than 15 leases in 2754 are left out. Source: NSW Fair Trading.

How much of a local wage the rent takes

A year of rent at the median takes 41% of one average local wage of $82,893, compared with 46% across Sydney. That is the 160th heaviest burden of 218 Sydney postcodes, below the city average. Housing costs above 30% of income are widely treated as housing stress; a household with two average wages would spend about 20%.

Wage: average salary and wages of all residents of 2754 in ATO Taxation Statistics 2023–24, indexed to 2026 with the NSW Wage Price Index. Renters usually earn less than the average resident, so the real burden for renters is likely higher.

Getting your bond back

Of the 132 bonds refunded in 2754 in January–September 2026, 67% went back to the tenant in full and 14% went entirely to the landlord or agent. Across Sydney the figures are 63% and 12%, so tenants here are more likely than average to get their whole bond back (rank 111 of 214, where 1 is the highest full-refund rate).

The median bond was held for 702 days, about 23 months, compared with 575 days across Sydney. Bond records don't say why money went to the landlord: it can cover damage, cleaning or unpaid rent.

Compared with the region and Sydney

2754 is in the Outer West and Blue Mountains region, where the median new lease is $660 a week.

Median rent5-yr changeRent burdenFull bond back
2754$650+48%41%67%
Outer West and Blue Mountains$660+50%42%57%
Greater Sydney$800+60%46%63%

Other postcodes in Outer West and Blue Mountains

Source: NSW Fair Trading rental bond data (new leases and bond refunds, 2021–2026); ATO Taxation Statistics 2023–24. See the methodology for how these figures are calculated.