Suburb Profile Report for Rydalmere NSW (2116)

Rydalmere House: Median price $1,180,000, Annual capital growth 10.27%, Number of sales 58, Weekly median advertised rent $495

Rydalmere Unit: Median price $670,000, Annual capital growth 6.11%, Number of sales 63, Weekly median advertised rent $510

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

Source: CoreLogic

  • House Report
  • Unit Report

Rydalmere has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 7.27% to date .

Rydalmere,2116 was ranked 481 in Australia by increase in median property value over the quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Rydalmere, 2116. Typically our figures indicate that -3.24% is being offered, which puts this NSW suburb at 3412th most discounted overall in Australia.

With a capital gain of -7.59% for the last 12 months, Rydalmere, 2116 has performed for property investments than its average annual 6.11% property growth over the last 5 years.

When looking at the potential capital gains offered to property investors over the last 3 years, Rydalmere comes in at number 407th in NSW.

At number 41th of NSW’s most discounted properties, Rydalmere is in the bottom 10% of the state/territory when listing in order of most discounted to least.

A $510 per week rent on the median house gives suburb investors a gross yield of circa 3.96%, without taking into account capital value appreciation, which has been averaging out at 6.11%.

Metrics i HOUSE UNIT
$1,180,000 $670,000
6.31% -2.92%
7.27% -7.59%
10.27% 6.11%
$495 $510
58 63
2.18% 3.96%
42.96 64.44

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (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
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