Suburb Profile Report for North Ryde NSW (2113)

North Ryde House: Median price $1,605,000, Annual capital growth 10.35%, Number of sales 122, Weekly median advertised rent $698

North Ryde Unit: Median price $860,650, Annual capital growth 5.33%, Number of sales 53, Weekly median advertised rent $645

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in North Ryde, 2113 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 9.93%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in North Ryde has increased when compared to the 5 year average annual rate.

Property investors looking for a bargain in North Ryde should be aiming for at least -2.75% off the asking price, which is the average vendor discount being achieved at the moment.

A $697.5 per week rent on the median house gives suburb investors a gross yield of circa 2.26%, without taking into account capital value appreciation, which has been averaging out at 10.35%.

North Ryde has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -3.19% to date .

Comparing North Ryde,2113 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Renters in Suburb are facing rents around $7740 per annum or $645 every week.

Metrics i HOUSE UNIT
$1,605,000 $860,650
6.64% -0.59%
9.93% -3.19%
10.35% 5.33%
$698 $645
122 53
2.26% 3.90%
59.48 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 10114
Median household income ($/weekly) 1604
Median age of persons 41
Median housing loan repayment ($/monthly) 2500
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1256 12.4
    25-34 years 1089 10.8
    35-44 years 1485 14.7
    45-54 years 1544 15.3
    55-64 years 1185 11.7
    Others 3556 35.2
    Age Group
    Census Count Percent(%)
    Registered Married 4124 55.0
    Not Married 3047 40.6
    Defacto Relationship 329 4.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 6079 62.7
    Croatia 549 5.7
    India 199 2.1
    United Kingdom 353 3.6
    Other 649 6.7
    Others 1867 19.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 362 3.8
    Christianity 6647 70.6
    Hinduism 176 1.9
    Islam 188 2.0
    No Religion 1922 20.4
    Others 123 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 295 9.8
    $1,500-$1,999 302 10.1
    $2,000-$2,499 287 9.6
    $2,500-$2,999 321 10.7
    $4,000 or more 262 8.7
    Others 1533 51.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3001 38.0
    Not in the labour force 2973 37.6
    Employed, worked part-time 1453 18.4
    Employed, away from work 247 3.1
    Unemployed, looking for work 226 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 652 13.9
    Professionals 1361 29.0
    Technicians & trades workers 535 11.4
    Clerical & administrative workers 863 18.4
    Sales 401 8.5
    Others 889 18.9
    Occupation
    Census Count Percent(%)
    Pre-school 187 7.5
    Infants/Primary 827 33.2
    Secondary 648 26.0
    Technical or Further Educational Institution 179 7.2
    University or other Tertiary Institutions 598 24.0
    Others 55 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8155 86.9
    Semi-detached, row or terrace house, townhouse 953 10.2
    Flat, unit or apartment 267 2.8
    House or flat attached to a shop, office 10 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1388 42.5
    Being purchased 1131 34.6
    Rented 727 22.3
    Other tenure type 19 0.6
    Tenure Type
Census 2011, ABS
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