A small, quiet bayside suburb in the inner west of Sydney, roughly 8 km west of the CBD, sitting on the western shore of Iron Cove on the Parramatta River. At the 2021 census it had 4,920 residents, and Wikipedia describes it as 'a quiet tree-lined suburb with large waterfront homes as well as more traditional federation homes' — an apt summary of its mix of prize bayside properties, federation-era housing and modest apartment stock. The suburb takes its name from the grand Victorian Italianate mansion 'Russell Lea', built for pastoralist-turned-politician Russell Barton on a 24-hectare estate that was subdivided and auctioned in 1913. Its village life is anchored along Lyons Road and Hampden Road — the suburb's main roads — where a small strip of shops, restaurants and cafes sits a short stroll from the water.
At a Glance
| Field | Details |
|---|---|
| Region | Inner West |
| Council (LGA) | City of Canada Bay |
| Postcode | 2046 |
| Distance to Sydney CBD | Roughly 25–35 minutes by bus to the Sydney CBD. Wikipedia's Five Dock page puts the commute from the immediately adjacent suburb at about… |
| Median house price | ~$3.3M (YIP puts the Russell Lea house median at $3,295,000 on 52 sales over the past 12 months; realestate.com.au suburb data lists ~$3,300,000; auspropertyfinder reports $3.29M — retrieved Sep 2026) (mid-2026) |
| Median unit price | ~$1.18–1.22M |
| Typical rent | Suburb rent medians vary by tracker: realestate.com.au lists the overall median weekly rent in Russell Lea at ~$890… |
| Price growth | ~2.97% p.a. annual capital growth for houses over the past 12 months |
Transport
Bus-based suburb — Russell Lea has no railway station, light rail or ferry; buses are the only public transport. Its main roads are Lyons Road and Hampden Road, which carry the inner-west bus corridors into the city. The immediately adjacent Five Dock is served by citybound routes 437, 438X and 502 — route 437 running from Five Dock shops to QVB in the CBD via City West Link — and these networks serve the same Canada Bay corner of the inner west.
Schools
Russell Lea Public School — NSW government K–6 co-educational primary school on Whittall Street in the suburb (school website). The school descends from the area's long-standing educational presence: Wikipedia lists 'Russell Lea Infants School' among the suburb's oldest landmarks. There is no government high school inside Russell Lea; secondary students travel to nearby high schools in neighbouring suburbs.
Shopping & Amenities
Russell Lea's shopping is village-scale: a compact strip of shops, cafes and restaurants along Lyons Road near the Hampden Road crossroads — real-estate marketing for the suburb promotes 'Lyons Road's dining scene' and village convenience within walking distance of the foreshore (Ray White brochure). There is no large shopping centre in the suburb; the bigger retail and dining strips of the adjacent Five Dock and Drummoyne villages (Five Dock's shops sit at the suburb's southern edge) serve as the area's main centres, with Drummoyne's commercial core across Iron Cove.
Parks & Outdoors
The suburb's big draw is its water frontage: Russell Lea sits on the western shore of Iron Cove, part of the Parramatta River, with the foreshore walking and cycling path along Henley Marine Drive connecting north towards Drummoyne. The 7 km Bay Run — the popular walking, running and cycling circuit around Iron Cove — loops through this shoreline, taking in Russell Lea's waterfront parkland (cityhub; WeekendNotes). Campbell Park, a large soccer field in the suburb, is home ground for Abbotsford Juniors Football Club. Timbrell Park, immediately south in adjacent Five Dock along Henley Marine Drive, offers multi-use sports fields plus an inclusive play facility and cafe at Livvi's Place, BMX track and an off-leash dog area (City of Canada Bay).
Property Market
The median house price in Russell Lea was around ~$3.3M (YIP puts the Russell Lea house median at $3,295,000 on 52 sales over the past 12 months; realestate.com.au suburb data lists ~$3,300,000; auspropertyfinder reports $3.29M — retrieved Sep 2026) (mid-2026). See our full Sydney property price map for how the suburb compares across the city. A thin-sales market — only ~52 house sales in 12 months — makes medians sensitive to window and method, and one tracker (Allhomes) shows a much lower $1,845,000 figure, likely from an older or narrower sales set. property.com.au's bedroom-banded house medians give a sense of the spread: ~$2.75M for 2-bedroom, $2.89M for 3-bedroom, $3.41M for 4-bedroom and $4.3M for larger houses. Housing is dominated by detached family homes (waterfront prestige at the top end, federation stock behind) with a secondary layer of apartments, mostly along the Lyons Road corridor. Agents market the suburb around the combination of bayside living, the Bay Run and village convenience (Ray White brochure).
New Developments
Development is modest, small-scale infill rather than major projects: DA Leads Australia counts ~64 development applications for the suburb over 12 months, dominated by dwelling-house and subdivision work that refreshes the older stock, and new apartment projects are marketed off-the-plan in the suburb (DA Leads; Build Sydney). No large master-planned precincts or high-rise corridors apply — consistent with the quiet, low-rise bayside character Canada Bay Council maintains across the Iron Cove foreshore (DA Leads).
Jobs & Local Economy
Local employment is small-scale and retail/hospitality-led, concentrated in the Lyons Road village strip and cafes (Ray White brochure), with the bigger employment and shopping strips of adjacent Five Dock and Drummoyne close by. Most working residents commute out of the suburb — principally to the Sydney CBD by bus along the inner-west corridors.
Nearby Suburbs
Five Dock, Drummoyne, Haberfield, Chiswick, Abbotsford
Sources & method
Researched 4 September 2026 from named public sources — census and government records, transport authorities, council and planning documents — plus published sales data. Where sources disagree on a figure, the guide says so rather than picking one.
Sources cited in this guide:
Corrections are welcome — if something here is out of date or wrong, tell us and we will fix it.
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