Suburb Profile Report for West Ryde NSW (2114)

West Ryde House: Median price $1,445,000, Annual capital growth 9.51%, Number of sales 77, Weekly median advertised rent $600

West Ryde Unit: Median price $626,875, Annual capital growth 7.96%, Number of sales 144, Weekly median advertised rent $440

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in West Ryde, 2114 have given investors a capital gain of 5.47%. This compares averagely with the 6.38% for NSW as a whole.

Across a shorter period, West Ryde, 2114 has seen a median price increase of 2.74% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that West Ryde is offering property investors an average of -5.50. This rate of discount on properties puts Suburb at number 23th in terms of most discounted suburbs in NSW

West Ryde, 2114’s gross rental yield is 2.16%

Property investors who have had real estate in West Ryde, 2114 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -6.44%

When looking at the potential capital gains offered to property investors over the last 3 years, West Ryde comes in at number 437th in NSW.

Our latest figures would indicate that property sellers in West Ryde are currently offering property investors an average price cut of -5.30% below the asking price at the moment.

Situated 11.83km from the CBD, West Ryde is one of Ryde localities in the postcode 2114.

HOUSE UNIT
$1,445,000 $626,875
2.74% -3.04%
5.47% -6.44%
9.51% 7.96%
$600 $440
77 144
2.16% 3.65%
60.21 48.45

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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