Suburb Profile Report for Ryde NSW (2112)

Ryde House: Median price $1,460,000, Annual capital growth 7.96%, Number of sales 171, Weekly median advertised rent $695

Ryde Unit: Median price $679,625, Annual capital growth 3.48%, Number of sales 436, Weekly median advertised rent $500

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report
  • Unit Report

If you compare the increase in value of investment property in Ryde, 2112 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 3.55%.

When looking at the potential capital gains offered to property investors over the last 3 years, Ryde comes in at number 1117th in NSW.

Sellers are offering property buyers an average discount of -8.16% to buyers in Ryde at the moment, which is less than average for the rest of NSW.

Using the current median advertised rental of $695 and the average annual increase in value of a median property of 7.96%, investors should hope to achieve an overall return of 2.48%

Investment property in Ryde 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 -0.31%

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

At number 111th of NSW’s most discounted properties, Ryde is in the bottom 40% of the state/territory when listing in order of most discounted to least.

Property investors should expect to get $500 weekly from the median priced house in this suburb.

Information supplied by:


October 2018

M
O

W
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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.

Metrics i HOUSE UNIT
$1,460,000 $679,625
2.28% 1.13%
3.55% -0.31%
7.96% 3.48%
$695 $500
171 436
2.48% 3.83%
71.4385964912281 73.8258426966292

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

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