East Ryde

POSTAL CODE: NSW, 2113
HOUSE

Property investments in EAST RYDE did not fare well against the rest of the country last year, registering a median home price decrease of 4.56%.

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

Based on its average 5-year and quarterly capital gains EAST RYDE, 2113 saw average growth in the long term.

Real estate investors could earn a rental income of $1100 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 139.1 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $2,600,000.

EAST RYDE ranks 977th on the list of best yielding suburbs for rental properties in NSW, posting a 2.2% return.

Surburb overview

East Ryde, located approximately 12 kilometres north-west of Sydney's central business district, is a residential suburb within the City of Ryde. Positioned on the western bank of the Lane Cove River, it offers a blend of suburban living and natural surroundings.

As per the 2021 Census, East Ryde had a population of 2,454 residents, with a median age of 41 years. The community predominantly comprises families, with 59.2% of households being couple families with children. A significant majority (92.8%) of dwellings are separate houses, and 88% of homes are owner-occupied, indicating a stable residential base.

Public transportation in East Ryde includes several bus routes, such as the 288, 506, 516, and 538, providing connectivity to the Sydney CBD and surrounding areas. The North Ryde Metro Station, located on the M1 line, is approximately a 6-minute walk from parts of East Ryde, offering convenient rapid transit options.

Essential establishments near East Ryde encompass educational institutions like Ryde East Public School and nearby secondary schools such as Marsden High School. Healthcare services are available at Ryde Hospital, a district general hospital offering emergency care, surgical services, and a range of outpatient services.

Recreational activities are abundant, with parks such as Heatley Reserve offering playground facilities. The suburb's proximity to Lane Cove National Park offers residents opportunities for bushwalking, cycling, and picnicking amidst the natural bushland.

East Ryde's infrastructure supports active lifestyles, offering access to cycleways and walking tracks that connect to adjacent areas. The suburb's blend of residential stability, accessibility, and recreational amenities contributes to its community-oriented character.

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