Powered by MOMENTUM MEDIA
AREA REPORTS

Ryde

Suburb Profile

Ryde - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2112

house
unit

RYDE, 2112 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 $1,450,000.

Profits due to an downward trend in home prices in the suburb averaged -0.51% per annum over a 3-year period.

RYDE now ranks at the 129th 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 high, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $695 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 73.4 days.

In 2016, 180 properties were sold in RYDE during the past year, making it the 937th most active market in NSW based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,450,000 $675,000
GROWTH REPORT
Median Quarterly 7.33% 2.18%
Median 12 month -3.33% -1.89%
Median 3 years -1.53% -6.9%
Median 5 years 18.37% -0.46%
10 years average annual 8.19% 3.62%
Weekly media advert. rent $695 $500
Time on Market 73.4 days 72.7 days
Gross Rental Yield Percent 2.49% 3.85%
demographics (median values)
Total Population
20378
Weekly Household Income
1109
Household Size
2.50
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

RBA reveals April cash rate call

The Reserve Bank of Australia (RBA) has announced its decision on the official cash rate for April following a rare out of cycle cash rate r...

Government approves of rent relief mandatory code

Government approves of rent relief mandatory code

Prime Minister Scott Morrison has revealed that the national cabinet has reached agreement on a mandatory code for the provision of rent rel...

Strata corporations offer lifeline amid health crisis

Strata corporations offer lifeline amid health crisis

In order to alleviate financial pressure, owners who are unable to pay levies due to job loss or tenants not paying rent because of the ongo...

Industry weighs in on banking sector

The banking sector has been warned not to pay a dividend to shareholders, with the property sector agreeing, believing they have already had...

How to save commercial property during COVID-19 outbreak

How to save commercial property during COVID-19 outbreak

The state government is being urged to save the commercial sector by allowing landlords a 12-month hiatus from land taxes. ...

Penny Lipscombe

‘Tenants should pay what they can’: WA commissioner

Western Australian tenants are being urged to continue to pay their rent unless they are genuinely experiencing financial hardship in the mi...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.