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Ryde

POSTAL CODE: NSW, 2112
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RYDE, 2112 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in NSW have risen as a whole, pulling RYDE, 2112 values up and netting property investors a capital gain of 3.52% for the past year.

Investors saw the median home price rise to $2,588,000.

Profits due to an upward trend in home prices in the suburb averaged 5.44% per annum over a 3-year period.

RYDE now ranks at the 879th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in RYDE are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $850 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In RYDE, homes and units usually stay on listing for an average of 63.8 days.

In 2016, 268 properties were sold in RYDE during the past year, making it the 752nd most active market in NSW based on total real estate transactions.

Surburb overview

Ryde, situated approximately 13 kilometres north-west of Sydney's central business district, is a diverse suburb within the City of Ryde local government area. The suburb encompasses a mix of residential, commercial, and recreational spaces. As of the 2021 Census, Ryde had a population of 36,702 residents. The median age was 37 years, with 16.2% of the population aged 0–14 years and 15.0% aged 65 years and over. The suburb is culturally diverse, with a significant portion of residents born overseas.

Public transportation in Ryde is well-served, with multiple bus routes, including the 500x, 501, and 533, connecting to various parts of Sydney. The T9 Northern Line offers train services via nearby stations, including Meadowbank and West Ryde. Ferry services are accessible from Meadowbank Wharf, offering routes along the Parramatta River.

Essential establishments in Ryde include Ryde Hospital, located on Denistone Road, which provides a range of medical services. Educational institutions such as Ryde Public School and Ryde Secondary College cater to the local community. For shopping and dining, residents frequently visit Top Ryde City Shopping Centre, which features supermarkets, specialty stores, and a variety of eateries.

Recreational activities are abundant, with parks like Ryde Park offering sports fields, playgrounds, and picnic areas. Livvi's Place is an inclusive playground designed for children of all abilities. The Ryde Aquatic Leisure Centre provides swimming facilities and fitness programs. Additionally, the suburb's proximity to the Parramatta River allows for waterfront activities and scenic walks.

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