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West Ryde
AREA REPORTS

West Ryde

West Ryde - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2114

house
unit

Homeowners and real estate investors betting on WEST RYDE, 2114 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 18.69%.

A steady increase in median property prices over a five-year period in the suburb translates to a -0.06% capital gain.

Property investors in WEST RYDE enjoyed capital gains of 18.69% 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 $1,680,000.

Profits due to an downward trend in home prices there averaged -0.02% per annum over a 3-year period.

Home owners selling their properties and realtors in WEST RYDE usually have to wait an average of 64.8 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $600 mark, reflecting a 1.86% increase in returns based on the current median price in WEST RYDE.

WEST RYDE, 2114 places 608th in Australia based on median property value growth during the quarter.

Data report can be found below

West Ryde
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,680,000 $683,500
GROWTH REPORT
Median Quarterly 3.7% 2.4%
Median 12 month 18.69% 9.1%
Median 3 years -0.06% 4.51%
Median 5 years 20% 5.15%
10 years average annual 8.67% 5.96%
Weekly media advert. rent $600 $380
Time on Market 64.8 days 49.5 days
Gross Rental Yield Percent 1.86% 2.89%
demographics (median values)*
Total Population
24057
Weekly Household Income
1783
Household Size
2.60
Age
35
Monthly Loan Repayment
2167
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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