Suburb Profile Report for Ryde NSW (2112)

Ryde House: Median price $1,664,000, Annual capital growth 9.43%, Number of sales 174, Weekly median advertised rent $700

Ryde Unit: Median price $705,000, Annual capital growth 8.70%, Number of sales 379, Weekly median advertised rent $510

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

Investment property in Ryde has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -0.95%

Ryde,2112 has offered an average of -0.95% return per annum in house price rises to property investors over the last three years.

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 Ryde, 2112. Typically our figures indicate that -8.01% is being offered, which puts this NSW suburb at 754th most discounted overall in Australia.

On average over the past year, suburb has had 14.50 sales per month, which equates to 174 per year.

Using the current median advertised rental of $700 and the average annual increase in value of a median property of 9.43%, investors should hope to achieve an overall return of 2.19%

Ryde has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -2.76% to date .

Over the longer term, Ryde has seen property prices show investors a 1.88% return over the last 3 years. This is worse than over the last 12 months

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.18% offered to property buyers. Sellers in Ryde itself are offering an average vendor discount of -5.78% to real estate investors.

On average over the past year, suburb has had 31.58 sales per month, which equates to 379 per year.

Ryde is 356th on a list of best yielding suburbs for rents in NSW with a 3.76% return

Information supplied by:


October 2018

M
O

W
E
In the administrative centre of Ryde City in the Northern Suburbs region of Sydney, the number of units on the market increased drastically from 147 in July 2017 to 250 a year later. This represents a rise of over 50%Full summary

Significant unit influx

Postcode: 2112

Median unit price: $680,500

Stock on market: 57.7%

12-month growth: 1.0%

In the administrative centre of Ryde City in the Northern Suburbs region of Sydney, the number of units on the market increased drastically from 147 in July 2017 to 250 a year later. This represents a rise of over 50%.

This market is recovering after apartment prices took a 0.8% dip in 2015. While growth is gentle, units are spending an average of just 56 days on the market.

Ryde sits on the north bank of Parramatta River, and was named for a town on the Isle of Wight. Top Ryde acts as the commercial hub, with Top Ryde City being the suburb’s main shopping complex. Top Ryde also contains the Ryde council office and the local library. Several State Transit buses pass through Ryde on their way to the Sydney CBD, Milsons Point, Burwood and Marsfield.

Close
Metrics i HOUSE UNIT
$1,664,000 $705,000
-2.80% 0.71%
-0.95% -2.76%
9.43% 8.70%
$700 $510
174 379
2.19% 3.76%
65.2 64.41

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
Find a mortgage broker in Ryde NSW
Demographics
Total population 21598
Median household income ($/weekly) 1380
Median age of persons 37
Median housing loan repayment ($/monthly) 2300
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 2412 11.2
    25-34 years 3460 16.0
    35-44 years 3361 15.6
    45-54 years 2857 13.2
    55-64 years 2191 10.1
    Others 7317 33.9
    Age Group
    Census Count Percent(%)
    Registered Married 8421 51.2
    Not Married 7041 42.8
    Defacto Relationship 993 6.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 12048 58.4
    Croatia 1464 7.1
    Japan 593 2.9
    United Kingdom 579 2.8
    Other 1756 8.5
    Others 4204 20.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 802 4.0
    Christianity 14097 69.9
    Hinduism 407 2.0
    Islam 656 3.3
    No Religion 3954 19.6
    Others 244 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 662 9.1
    $1,000-$1,249 605 8.3
    $1,500-$1,999 912 12.6
    $2,000-$2,499 617 8.5
    $2,500-$2,999 743 10.2
    Others 3717 51.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 7142 42.1
    Not in the labour force 5848 34.4
    Employed, worked part-time 2928 17.2
    Employed, away from work 541 3.2
    Unemployed, looking for work 524 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 1438 13.6
    Professionals 2918 27.5
    Technicians & trades workers 1301 12.3
    Clerical & administrative workers 1833 17.3
    Sales 912 8.6
    Others 2207 20.8
    Occupation
    Census Count Percent(%)
    Pre-school 394 7.6
    Infants/Primary 1603 30.8
    Secondary 1167 22.4
    Technical or Further Educational Institution 544 10.4
    University or other Tertiary Institutions 1354 26.0
    Others 148 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 12860 63.1
    Flat, unit or apartment 5282 25.9
    Semi-detached, row or terrace house, townhouse 2225 10.9
    House or flat attached to a shop, office 26 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2856 36.5
    Being purchased 2458 31.4
    Fully owned 2427 31.0
    Other tenure type 88 1.1
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals