Investment property in North Ryde has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 20.37%
While North Ryde,2113 ranked number 356th in NSW for increase in median house value (annualised) increase, it is ranked 44th over the last 5 years.
Vendor discounting in North Ryde is giving property investors an average Vendor Discount of around -1.42%. This puts suburb at number 828th in NSW when ranking the most discounted suburbs.
North Ryde is 1118th on a list of best yielding suburbs for rents in NSW with a 2.04% return
Over the last year, property investments in North Ryde, 2113 have given investors a capital gain of -16.06%. This compares very badly with the 8.39% for NSW as a whole.
Taking the average capital gain, or increase in median house value, North Ryde,2113 has racked up an average of -16.06% over the period. This ranks it number 1150th in the whole country for real estate investors looking at median house price increases.
Using the current median advertised rental of $645 and the average annual increase in value of a median property of 4.01%, investors should hope to achieve an overall return of 4.25%