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West Ryde

POSTAL CODE: NSW, 2114
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A steady increase in median property prices over a five-year period in the suburb translates to a 19.8% capital gain.

Property investors in WEST RYDE enjoyed capital gains of 1.1% over the last 12 months translating to lower returns compared with its peers in the territory.

The 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 $2,396,000.

Profits due to an upward trend in home prices there averaged 6.6% per annum over a 3-year period.

Home owners selling their properties and realtors in WEST RYDE usually have to wait an average of 84.1 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $892.5 mark, reflecting a 1.94% increase in returns based on the current median price in WEST RYDE.

WEST RYDE, 2114 places 967th in Australia based on median property value growth during the quarter.

Surburb overview

West Ryde, located approximately 13 kilometres north-west of Sydney's central business district, is a diverse and well-connected suburb within the City of Ryde. The suburb spans an area of roughly 3.6 square kilometres and comprises an eclectic mix of residential, commercial, and recreational spaces.

As of the 2021 Census, West Ryde had a population of 13,171 residents. The suburb is culturally diverse, with 44.7% of residents born in Australia, followed by communities from China (10.6%), South Korea (6.1%), India (5.3%), and the Philippines (3.3%). Languages spoken at home include English (41.7%), Mandarin (12.3%), Cantonese (7.2%), and Korean (7.3%). The median age is 37 years, and the median weekly household income is $1,983.

West Ryde offers excellent public transportation options. The West Ryde railway station, located on the T9 Northern Line, provides direct services to the Sydney Central Business District (CBD). The station is staffed and equipped with accessibility features, including lifts and hearing loops. Bus routes such as 500x, 501, 518, and 524 connect the suburb to various parts of Sydney. Additionally, Meadowbank Wharf, approximately a 23-minute walk away, offers ferry services along the Parramatta River.

West Ryde is home to several educational institutions, including West Ryde Public School and Marsden High School. The suburb also features the West Ryde Marketplace, which offers a diverse range of retail stores, supermarkets, and dining options.

The suburb boasts numerous parks and recreational facilities. Anzac Park offers playgrounds suitable for young children, while Lions Park provides open spaces for various activities. Meadowbank Park, located nearby, features sports fields, walking tracks, and picnic areas.

West Ryde's blend of cultural diversity, accessible transportation, and community amenities makes it a vibrant and convenient place to live.

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