Investment property in West Ryde has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.57%
West Ryde,2114 was ranked 1266 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in West Ryde are currently offering property investors an average price cut of -10.41% below the asking price at the moment.
In the last year 82 properties changed hands in West Ryde, which puts it as the 374th most active market in NSW when comparing the number of sales per suburb.
Advertised rents are around the $600 mark per week – giving a return of 2.15% based on the median price in Suburb
With a capital gain of -3.51% for the last 12 months, West Ryde, 2114 has performed for property investments than its average annual 8.28% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, West Ryde has given property investors a paper return of 1.09%. This puts Suburb as 305 on a list of fastest fasting appreciating suburbs in NSW
Sellers are offering property buyers an average discount of -5.54% to buyers in West Ryde at the moment, which is less than average for the rest of NSW.
Often selling an investment property can take time, and in West Ryde the average time real estate has been on the market is 50.43 days.
Advertised rents are around the $440 mark per week – giving a return of 3.54% based on the median price in Suburb