Meadowbank

POSTAL CODE: NSW, 2114
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MEADOWBANK, 2114 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $680,000.

Profits due to an upward trend in home prices in MEADOWBANK, 2114 averaged 0.37% per annum over a 3-year period.

Home owners selling their properties and realtors in MEADOWBANK usually have to wait an average of 49.2 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $650 mark, reflecting a 4.97% increase in returns based on the current median price in MEADOWBANK.

MEADOWBANK, 2114 places th in Australia based on median property value growth during the quarter.

Surburb overview

Meadowbank is a riverside suburb located approximately 15 kilometres north-west of Sydney's central business district, within the City of Ryde. Positioned on the northern bank of the Parramatta River, it encompasses an area of about 0.7 square kilometres. As per the 2021 Census, the suburb had a population of 5,089 residents. The community is culturally diverse, with 37.4% of residents born in Australia, followed by 11.7% from China, 7.8% from South Korea, 6.1% from India, and 3.7% from the Philippines. Languages spoken at home include English (38.2%), Mandarin (13.2%), Korean (9.4%), and Cantonese (6.4%).

Public transportation in Meadowbank is well-established. Meadowbank railway station, situated on the T9 Northern Line, offers direct services to Central Station, with a journey time of approximately 25 minutes. The suburb is also served by the F3 Parramatta River ferry, with services departing every 20 minutes and taking around 41 minutes to reach Barangaroo. Bus routes, including the 410, 501, and 518, provide additional connectivity.

Essential establishments in Meadowbank include educational institutions such as Meadowbank Public School, located at 6 Rhodes Street, and Marsden High School, situated at 8 Rhodes Street. The suburb is also home to TAFE NSW Meadowbank, one of the largest TAFE campuses in Sydney, offering a wide range of vocational courses.

Recreational activities are abundant in Meadowbank. Meadowbank Park is a central sporting and recreational area featuring over 10 playing fields, primarily used for soccer and cricket, as well as netball, hard courts, tennis courts, and a skate park. The park also includes three playgrounds and walking and cycling paths along the Parramatta River as part of the Ryde Riverwalk. Memorial Park, situated on Meadow Crescent, features picnic areas with a playground, war memorials, and bushland areas, offering scenic views of the Parramatta River.

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