Denistone

POSTAL CODE: NSW, 2114
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Property investors enjoyed capital gains of 0.21% over the last 12 months in DENISTONE, translating to lower returns compared with its peers in NSW.

A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 5.14% growth over a ten-year period. It ranks 3123rd on our list of suburbs that property investors should look into.

DENISTONE, 2114 has a capital gain of 0.21% for the past year, which is lower than average compared to its 34.83% growth within a five-year period.

With the median home price in DENISTONE sitting at $2,400,000, and the average rent at $1100, property owners could potentially earn a 2.38% increase in gross rental yield.

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

DENISTONE, 2114 in NSW belongs to the local government area of Ryde.

Surburb overview

Denistone, located approximately 16 kilometres north-west of Sydney's central business district, is a residential suburb within the City of Ryde. The area is predominantly composed of separate houses, with 79.6% of dwellings falling into this category. As per the 2021 Census, Denistone had a population of 3,726 residents. The suburb exhibits cultural diversity, with 56.6% of residents born in Australia, followed by 14.1% from China and 3.8% from South Korea. Languages spoken at home include English (55.3%), Mandarin (15.4%), Cantonese (8.7%), and Korean (4.7%). The median weekly household income was $2,683.

Denistone railway station, situated on the T9 Northern Line, facilitates public transportation in Denistone. The station underwent upgrades completed in September 2023, enhancing accessibility with the addition of lifts. Bus services, including routes 500x, 501, 515, 523, 544, and 545, operate in the area, providing connections to various parts of Sydney.

Essential establishments near Denistone encompass educational institutions such as Denistone East Public School and St Therese Catholic Primary School. Secondary education options include Marsden High School and Ryde Secondary College. Healthcare services are accessible at Ryde Hospital, located on Denistone Road, offering a range of medical services to the community.

Several parks in Denistone support recreational activities. Denistone Park features play equipment and a fenced off-leash dog area, along with sheltered picnic facilities. Darvall Park offers walking trails and picnic areas amidst natural bushland. West Denistone Park features walking paths and a playground, catering to families and individuals seeking outdoor leisure activities.

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