NSW has seen average median house prices change by 7.28% which means that Ryde, 2112 has done well for property investors by showing a capital gain of 5.23% over the last year
Taking the average capital gain, or increase in median house value, Ryde,2112 has racked up an average of 5.23% over the period. This ranks it number 92th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Ryde is $1510000, with sellers offering an average of -8.80% off the asking price.
Situated 10.87km from the CBD, Ryde is one of Ryde localities in the postcode 2112.
Ryde is in the bottom 30% in NSW when comparing median price capital growth over the last year. Ryde gave property investors a disappointing capital gain figure when compared to the rest of the state, with -1.05%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ryde has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -4.99% to buyers in Ryde at the moment, which is less than average for the rest of NSW.
With the median price for a house in Ryde being $662000 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 3.93%