RYDALMERE ranks 475th in NSW when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 11.36% for the past year is lower than average compared to its 94.52% growth within a five-year period.
Also in RYDALMERE, the median home price is sitting at $1,225,000, and the average rent at $500, this suggests property owners could potentially earn a 2.12% increase in gross rental yield.
Property investors have seen a -0.81% drop in RYDALMERE based on a decrease in median home prices for the past three months.
They believe that homeowners and real estate investors betting on RYDALMERE, 2116 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 11.36%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 10.62% growth over a ten-year period. It ranks 3201st on our list of suburbs that property investors should look into.
A steady increase in median property prices over a five-year period in RYDALMERE, 2116 translates to a 14.22% capital gain.
RYDALMERE, 2116 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 $662,500.
Augmented property values in RYDALMERE are trailing behind the NSW average of 6.64% for the past year.
Real estate investors could earn a rental income of $530 based on current median home prices for the suburb.
Home owners selling their properties and realtors in RYDALMERE usually have to wait an average of 49.8 days days before their assets are lifted off the market.
RYDALMERE ranks 242nd on the list of best yielding suburbs for rental properties in NSW, posting a 4.16% return.
RYDALMERE, 2116 places 370th in Australia based on median property value growth during the quarter.