Suburb Profile Report for Rydalmere NSW (2116)

Rydalmere House: Median price $1,132,500, Annual capital growth 9.76%, Number of sales 56, Weekly median advertised rent $493

Rydalmere Unit: Median price $685,250, Annual capital growth 6.29%, Number of sales 58, Weekly median advertised rent $500

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

Source: CoreLogic

  • House Report
  • Unit Report

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 3.88%

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.

LACK OF BUYER INTEREST may well be the reason that Rydalmere is offering property investors an average of -5.28. This rate of discount on properties puts Suburb at number 990th in terms of most discounted suburbs in NSW

Residents and property investors in Rydalmere have been waiting around 47.75 days to sell a property.

Renters in Suburb are facing rents around $5910 per annum or $492.5 every week.

Giving property investors a an unimpressive capital gain of -3.21% for the last year, Rydalmere, 2116 is the 1319th highest performer in Australia in this respect.

If we look at median property appreciation over just the last three months, Rydalmere has given property investors a paper return of 0.00%. This puts Suburb as 396 on a list of fastest fasting appreciating suburbs in NSW

Vendor discounting in Rydalmere is giving property investors an average Vendor Discount of around -6.83%. This puts suburb at number 30th in NSW when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Rydalmere the average time real estate has been on the market is 69.73 days.

Renters in Suburb are facing rents around $6000 per annum or $500 every week.

Metrics i HOUSE UNIT
$1,132,500 $685,250
2.03% 0.00%
3.88% -3.21%
9.76% 6.29%
$493 $500
56 58
2.26% 3.79%
47.75 69.73

Source: CoreLogic

DSR Score for property investment : Good (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
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Recent sales & rentals