Suburb Profile Report for Ryde NSW (2112)

Ryde House: Median price $1,623,500, Annual capital growth 10.54%, Number of sales 209, Weekly median advertised rent $650

Ryde Unit: Median price $720,000, Annual capital growth 8.04%, Number of sales 379, Weekly median advertised rent $500

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Giving property investors a a stable capital gain of 13.14% for the last year, Ryde, 2112 is the 971th highest performer in Australia in this respect.

Over the longer term, Ryde has seen property prices show investors a 53.02% return over the last 3 years. This is worse than over the last 12 months

LACK OF BUYER INTEREST may well be the reason that Ryde is offering property investors an average of -5.28. This rate of discount on properties puts Suburb at number 194th in terms of most discounted suburbs in NSW

Using the current median advertised rental of $650 and the average annual increase in value of a median property of 10.54%, investors should hope to achieve an overall return of 2.08%

Over the last year, property investments in Ryde, 2112 have given investors a capital gain of 6.05%. This compares averagely with the 7.74% for NSW as a whole.

Across a shorter period, Ryde, 2112 has seen a median price increase of 0.00% over the last quarter.

Vendor discounting in Ryde is giving property investors an average Vendor Discount of around -5.06%. This puts suburb at number 115th in NSW when ranking the most discounted suburbs.

On average over the past year, suburb has had 31.58 sales per month, which equates to 379 per year.

Using the current median advertised rental of $500 and the average annual increase in value of a median property of 8.04%, investors should hope to achieve an overall return of 3.61%

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
Metrics i HOUSE UNIT
$1,623,500 $720,000
3.41% 0.00%
13.14% 6.05%
10.54% 8.04%
$650 $500
209 379
2.08% 3.61%
61.44 54.84

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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