Suburb Profile Report for Ryde NSW (2112)

Ryde House: Median price $1,405,000, Annual capital growth 9.63%, Number of sales 205, Weekly median advertised rent $650

Ryde Unit: Median price $669,000, Annual capital growth 8.64%, Number of sales 345, Weekly median advertised rent $510

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Investment property in Ryde has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -0.71%

Comparing Ryde,2112 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Ryde2112 is located in NSW which offers an average discount of -5.53% to property investors. Ryde itself is showing figures that indicate -6.82% is the average achievable by property buyers investing in the suburb.

In the last year 205 properties changed hands in Ryde, which puts it as the 58th most active market in NSW when comparing the number of sales per suburb.

With the median price for a house in Ryde being $1405000 and the advertised rent reaching $650 the gross rental yield for property investors calculates out to be 2.41%

Property value increases in Ryde have tracked just lower than the NSW average of 6.59% over the last 12 months.

If we look at median property appreciation over just the last three months, Ryde has given property investors a paper return of 0.00%. This puts Suburb as 311 on a list of fastest fasting appreciating suburbs in NSW

Sellers are offering property buyers an average discount of -5.21% to buyers in Ryde at the moment, which is less than average for the rest of NSW.

Ryde, 2112’s gross rental yield is 3.96%

YIP MAG Information supplied by:

YIP MAG
July 2015

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There are plenty of sought-after shops, schools and parks in Ryde which makes it a hit for families.Full summary There are plenty of sought-after shops, schools and parks in Ryde which makes it a hit for families.

It’s located 13km northwest of the Sydney CBD and has an excellent bus network, but is also near the West Ryde Station.

It is also close to other employment hubs such as Macquarie Park and Parramatta.

The fact that units there have only grown by 3% in the past 12 months indicates that there is a lot of room for growth here, particularly when compared to the growth
rates of its neighbours.

Indeed, the median price of units in neighbouring North Ryde has grown by a whopping 22% in the past 12 months to $900,000.

There are good apartment options available in or close to Pope St which are very close to the popular Top Ryde shopping centre that had a huge upgrade a few years
ago.

There are some units available even above the actual shopping centre.Close
HOUSE UNIT
$1,405,000 $669,000
-1.16% 0.00%
-0.71% 1.36%
9.63% 8.64%
$650 $510
205 345
2.41% 3.96%
78.69 53.32

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
Find a mortgage broker in Ryde NSW
Demographics
Total population 21598
Median household income ($/weekly) 1380
Median age of persons 37
Median housing loan repayment ($/monthly) 2300
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 2412 11.2
    25-34 years 3460 16.0
    35-44 years 3361 15.6
    45-54 years 2857 13.2
    55-64 years 2191 10.1
    Others 7317 33.9
    Age Group
    Census Count Percent(%)
    Registered Married 8421 51.2
    Not Married 7041 42.8
    Defacto Relationship 993 6.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 12048 58.4
    Croatia 1464 7.1
    Japan 593 2.9
    United Kingdom 579 2.8
    Other 1756 8.5
    Others 4204 20.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 802 4.0
    Christianity 14097 69.9
    Hinduism 407 2.0
    Islam 656 3.3
    No Religion 3954 19.6
    Others 244 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 662 9.1
    $1,000-$1,249 605 8.3
    $1,500-$1,999 912 12.6
    $2,000-$2,499 617 8.5
    $2,500-$2,999 743 10.2
    Others 3717 51.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 7142 42.1
    Not in the labour force 5848 34.4
    Employed, worked part-time 2928 17.2
    Employed, away from work 541 3.2
    Unemployed, looking for work 524 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 1438 13.6
    Professionals 2918 27.5
    Technicians & trades workers 1301 12.3
    Clerical & administrative workers 1833 17.3
    Sales 912 8.6
    Others 2207 20.8
    Occupation
    Census Count Percent(%)
    Pre-school 394 7.6
    Infants/Primary 1603 30.8
    Secondary 1167 22.4
    Technical or Further Educational Institution 544 10.4
    University or other Tertiary Institutions 1354 26.0
    Others 148 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 12860 63.1
    Flat, unit or apartment 5282 25.9
    Semi-detached, row or terrace house, townhouse 2225 10.9
    House or flat attached to a shop, office 26 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2856 36.5
    Being purchased 2458 31.4
    Fully owned 2427 31.0
    Other tenure type 88 1.1
    Tenure Type
Census 2011, ABS
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Recent sales & rentals