Property investors who have had real estate in Ryde, 2112 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 13.84%
Taking the average capital gain, or increase in median house value, Ryde,2112 has racked up an average of 13.84% over the period. This ranks it number 162th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Ryde are currently offering property investors an average price cut of -7.25% below the asking price at the moment.
On average over the past year, suburb has had 18.25 sales per month, which equates to 219 per year.
A $650 per week rent on the median house gives suburb investors a gross yield of circa 2.09%, without taking into account capital value appreciation, which has been averaging out at 10.57%.
Ryde has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 4.71% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Ryde comes in at number 509th in NSW.
The most recent median price for Ryde is $711000, with sellers offering an average of -5.16% off the asking price.
Ryde, 2112’s gross rental yield is 3.73%