Denistone East

POSTAL CODE: NSW, 2112
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A steady increase in median property prices over a five-year period in the suburb translates to a 9.89% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $2,450,444

The augmented property values in the suburb are trailing behind the territorial average of 5.34% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $1200.

Home owners selling their properties and realtors in DENISTONE EAST usually have to wait an average of N/A days before their assets are lifted off the market.

The NSW suburb ranks 865th on the list of best yielding suburbs for rental properties in NSW, posting a 2.55% return.

It also places places 1236th in Australia based on median property value growth during the quarter.

Surburb overview

Denistone East, located in Sydney's Northern Suburbs, lies approximately 16 kilometres north-west of the Sydney central business district. 

As per the 2016 Census, the suburb had a population of 2,250 residents, with a median age of 34 years. A significant portion of the population was born overseas, with notable communities from China (9.5%), Hong Kong (2.8%), and South Korea (2.7%). Languages spoken at home include English (59.5%), Mandarin (9.9%), and Cantonese (8.8%). Religious affiliations are diverse, with Catholicism (34.4%) and no religion (22.4%) being the most common.

Public transportation in Denistone East is accessible, with several bus routes, including the 518 and 544, servicing the area. The nearest train stations are Eastwood and Denistone, both on the T9 Northern Line, providing connectivity to the Sydney CBD and other suburbs.

Essential establishments are within proximity. Denistone East Public School serves the local community, and Ryde Hospital is a short drive away. For shopping needs, residents can access Midway Shopping Centre, Eastwood Town Centre, and Top Ryde City Shopping Centre.

Recreational activities are available at local parks, such as Kings Park, which underwent an upgrade in 2020 and offers a range of facilities suitable for all ages. Community Park provides playground equipment suitable for children.

Denistone East encompasses an area of approximately 0.7 square kilometres and includes six parks covering nearly 3.3% of the total area.

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