Suburb Profile Report for Rydalmere NSW (2116)

Rydalmere House: Median price $1,100,000, Annual capital growth 9.35%, Number of sales 60, Weekly median advertised rent $490

Rydalmere Unit: Median price $709,500, Annual capital growth 6.65%, Number of sales 59, Weekly median advertised rent $495

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

Source: CoreLogic

  • House Report
  • Unit Report

Rydalmere is in the bottom 30% in NSW when comparing median price capital growth over the last year. Rydalmere gave property investors a disappointing capital gain figure when compared to the rest of the state, with 1.85%.

Rydalmere,2116 has offered an average of 1.85% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Rydalmere is giving property investors an average Vendor Discount of around -5.26%. This puts suburb at number 588th in NSW when ranking the most discounted suburbs.

With the median price for a house in Rydalmere being $1100000 and the advertised rent reaching $490 the gross rental yield for property investors calculates out to be 2.32%

Investment property in Rydalmere 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 1.72%

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

Sellers are offering property buyers an average discount of -6.32% to buyers in Rydalmere at the moment, which is less than average for the rest of NSW.

On average over the past year, suburb has had 4.92 sales per month, which equates to 59 per year.

Metrics i HOUSE UNIT
$1,100,000 $709,500
5.26% -2.81%
1.85% 1.72%
9.35% 6.65%
$490 $495
60 59
2.32% 3.63%
53.11 67.02

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 6216
Median household income ($/weekly) 1287
Median age of persons 37
Median housing loan repayment ($/monthly) 2275
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 867 13.9
    25-34 years 781 12.6
    35-44 years 1004 16.1
    45-54 years 997 16.0
    55-64 years 646 10.4
    Others 1923 30.9
    Age Group
    Census Count Percent(%)
    Registered Married 2311 51.6
    Not Married 1910 42.7
    Defacto Relationship 257 5.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 3639 61.5
    Croatia 585 9.9
    Lebanon 281 4.7
    United Kingdom 152 2.6
    Other 361 6.1
    Others 900 15.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 235 4.1
    Christianity 3860 66.9
    Hinduism 109 1.9
    Islam 284 4.9
    No Religion 1237 21.4
    Others 45 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 164 8.7
    $600-$799 171 9.1
    $1,000-$1,249 165 8.7
    $1,500-$1,999 240 12.7
    $2,000-$2,499 210 11.1
    Others 939 49.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1866 39.9
    Not in the labour force 1717 36.7
    Employed, worked part-time 760 16.3
    Unemployed, looking for work 175 3.7
    Employed, away from work 156 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 295 10.6
    Professionals 621 22.3
    Technicians & trades workers 404 14.5
    Community & personal service workers 247 8.9
    Clerical & administrative workers 513 18.4
    Others 706 25.3
    Occupation
    Census Count Percent(%)
    Pre-school 131 8.1
    Infants/Primary 530 32.9
    Secondary 454 28.2
    Technical or Further Educational Institution 156 9.7
    University or other Tertiary Institutions 278 17.3
    Others 60 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3723 64.5
    Semi-detached, row or terrace house, townhouse 1441 24.9
    Flat, unit or apartment 602 10.4
    House or flat attached to a shop, office 10 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 800 39.3
    Rented 676 33.2
    Fully owned 546 26.8
    Other tenure type 16 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals