Suburb Profile Report for West Ryde NSW (2114)

West Ryde House: Median price $1,450,000, Annual capital growth 9.46%, Number of sales 82, Weekly median advertised rent $600

West Ryde Unit: Median price $646,500, Annual capital growth 8.28%, Number of sales 147, Weekly median advertised rent $440

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

Source: CoreLogic

  • House Report
  • Unit Report

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

HOUSE UNIT
$1,450,000 $646,500
2.98% 1.09%
3.57% -3.51%
9.46% 8.28%
$600 $440
82 147
2.15% 3.54%
58.43 50.43

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 11867
Median household income ($/weekly) 1392
Median age of persons 35
Median housing loan repayment ($/monthly) 2167
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 1186 10.0
    25-34 years 2413 20.3
    35-44 years 1815 15.3
    45-54 years 1564 13.2
    55-64 years 1250 10.5
    Others 3639 30.7
    Age Group
    Census Count Percent(%)
    Registered Married 4692 51.0
    Not Married 3966 43.1
    Defacto Relationship 534 5.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 5626 49.7
    Croatia 1041 9.2
    Indonesia 646 5.7
    Lebanon 708 6.3
    Other 779 6.9
    Others 2514 22.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 568 5.1
    Christianity 6857 62.0
    Hinduism 770 7.0
    Islam 233 2.1
    No Religion 2444 22.1
    Others 194 1.8
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 335 8.1
    $1,000-$1,249 382 9.2
    $1,500-$1,999 546 13.2
    $2,000-$2,499 392 9.5
    $2,500-$2,999 413 10.0
    Others 2064 50.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4150 43.9
    Not in the labour force 2967 31.4
    Employed, worked part-time 1591 16.8
    Unemployed, looking for work 411 4.4
    Employed, away from work 325 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 706 11.6
    Professionals 1914 31.6
    Technicians & trades workers 713 11.8
    Clerical & administrative workers 979 16.1
    Sales 503 8.3
    Others 1248 20.6
    Occupation
    Census Count Percent(%)
    Pre-school 171 6.0
    Infants/Primary 776 27.4
    Secondary 610 21.6
    Technical or Further Educational Institution 370 13.1
    University or other Tertiary Institutions 780 27.6
    Others 123 4.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6096 54.4
    Flat, unit or apartment 4114 36.7
    Semi-detached, row or terrace house, townhouse 973 8.7
    House or flat attached to a shop, office 24 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1828 41.4
    Being purchased 1311 29.7
    Fully owned 1254 28.4
    Other tenure type 22 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals