At number 2127th in the list of Australian suburbs ordered by increase in median house value over the last year, North Ryde, 2113 is in the BOTTOM 50% with a property value increase of 4.16% recorded in median house prices.
Taking the average capital gain, or increase in median house value, North Ryde,2113 has racked up an average of 4.16% over the period. This ranks it number 71th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that North Ryde is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 646th in terms of most discounted suburbs in NSW
At number 1829 in a list of fastest selling suburbs, North Ryde is just in the top half of suburbs in Australia with an average of days on market 80.45 for properties listed there.
Using the current median advertised rental of $695 and the average annual increase in value of a median property of 9.92%, investors should hope to achieve an overall return of 2.43%
North Ryde is an average performer in NSW when comparing median price capital growth over the last year. North Ryde gave property investors a good capital gain figure when compared to the rest of the state, with 8.08%.
North Ryde,2113 has offered an average of 8.08% return per annum in house price rises to property investors over the last three years.
North Ryde, 2113’s gross rental yield is 3.80%