Thinking about buying in Ryhope? Now could not be a better time, with just 106 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $899,000 with prices in this suburb ranging from $20,000 to $1,540,000. The aproximate distance to the coast is 13 Km.

Ryhope Real Estate Market Outlook

In Ryhope there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Ryhope is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Ryhope changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Ryhope to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Ryhope we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Ryhope a better buying opportunity than it may have been in the past.

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Recently Sold Properties / House Prices

29-09-2023	$20,000	35 BUSHROCK RD
14-10-2022	$20,000	7 CHARLES ST
09-07-2021	$900,000	12 COZZIE LANE
04-09-2020	$770,000	29 BUSHROCK RD
12-09-2018	$16,500	12 CHARLES ST
25-11-2016	$1,101,000	340 CESSNOCK RD
16-11-2016	$717,000	29 BUSHROCK RD
26-09-2016	$850,000	353 CESSNOCK RD
27-10-2014	$8,000	20 JOHN ST
29-09-2014	$940,000	340 CESSNOCK RD
20-11-2009	$5,500	37 CHARLES ST
25-09-2009	$5,500	25 RIDLEY ST
07-07-2009	$5,500	44 JOHN ST
15-07-2008	$11,666	38 CHARLES ST

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Internet Speed

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Nearby Suburbs

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Public Transport

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General Points of Interest

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