All About Ryde, NSW 2112

Ryde Real Estate Market Outlook

Thinking about buying in Ryde? Now could not be a better time, with 20955 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,504,000 with prices in this suburb ranging from $60,000 to $92,322,000. Ryde is located fairly close to the coast at just 8Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Ryde due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Ryde classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Ryde requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

Ryde is a suburb on Sydney, New South Wales. It is the administrative centre of the City of Ryde, its local government area, within the Northern Sydney region. Ryde has been known by many names throughout its long history; it was known to the native aboriginal people as Wallumatta, a name also used by the first European settlers; this was quickly dropped in favour of the name ‘Kissing Point’. The name Ryde was first used in the 1840s, and became the official name of the municipality in 1870; it finds its origin in the town of Ryde on the Isle of Wight. There are a number of historic sites in Ryde, including the oldest known settler's cottage in all of Australia, Addington House, as well as a major shopping centre (Top Ryde City) and a number of schools.

Located just 13km from Sydney’s central business district and situated on the north bank of the Parramatta River, Ryde is a sizeable suburb with a population well over 26,000. There are a number of green spaces, including Santa Rosa Park, and it is connected to the suburb of Rhodes, which sits on the opposite bank of the Parramatta River, by the Ryde bridge. In conclusion, Ryde is an excellently located, well-serviced suburb with excellent services and connections to the heart of Sydney.

---

---

---

---

}

---

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!