North Ryde

POSTAL CODE: NSW, 2113
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Property investors have seen a 0.14% gain in NORTH RYDE based on an increase in median home prices for the past three months.

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

The NSW suburb 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 $2,610,000

Profits averaged 7.67% per annum over a 3-year period, due to an upward trend in home prices in NORTH RYDE, 2113.

This means, real estate investors could earn a rental income of $1000 based on current median home prices for the suburb.

The gross rental yield in NORTH RYDE, 2113 is 1.99%.

An average of 14.58 real estate transactions take place per month in NORTH RYDE which translates to 175 per annum.

Surburb overview

North Ryde, located approximately 13 kilometres north-west of Sydney's central business district, is a suburb within the City of Ryde. It encompasses a mix of residential areas, commercial zones, and green spaces.

As per the 2021 Census, North Ryde had a population of 14,043 residents. The suburb exhibits a diverse demographic profile, with a significant proportion of residents born overseas, including communities from China, India, South Korea, and the Philippines. Languages spoken at home reflect this diversity, with English, Mandarin, Cantonese, Hindi, and Korean among the most commonly spoken languages in the region.

Public transportation in North Ryde is well-established. The North Ryde Metro Station on the Sydney Metro North West Line provides rapid transit services to the Sydney CBD, with trains running every five minutes and a journey time of approximately 19 minutes. Multiple bus routes, including the 286, 288, 290, and 506, serve the suburb and connect to various parts of Sydney.

Essential establishments in North Ryde include Macquarie Hospital, a specialised mental health facility offering acute admissions and rehabilitation services. Macquarie University Hospital, a 181-bed facility, integrates clinical practice with research and education, providing a range of medical services. Educational institutions such as North Ryde Public School and Holy Spirit Catholic Primary School cater to the local community.

Recreational activities are abundant. North Ryde Park offers sports fields, a playground, and picnic areas. Magdala Park provides facilities for soccer and baseball, as well as walking and cycling tracks. The Wallumatta Nature Reserve, a remnant of the endangered Sydney Turpentine-Ironbark Forest, features a 0.6 km walking trail and serves as a site for environmental education. Additionally, the Ryde Community Sports Centre offers indoor sports facilities and group fitness programs.

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