Denistone East (postcode 2112) is a smaller residential area in New South Wales within the Ryde local government area. The area has roughly 2,292 residents and a settled mid-life population, with a median age of 41. Households earn a median income of $126K per year, with an average household size of 3.1 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.8% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward healthcare and professional services. The top ancestries reported are Chinese, Australian, English.
Denistone East has a median house price of $2.5 million, which has increased by 4.2% year-on-year. Units have a median price of $1.8 million (+3.9% YoY). The current median weekly rent is $788. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $2,974.
Public transport access includes 10 bus stops. The crime rate in the Ryde LGA is below average at 2,087 incidents per 100,000 population.
From an investment perspective, Denistone East shows a gross rental yield of approximately 1.6%, rated as low yield. Property prices are above the state median ($2.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 19.8x is considered stretched. House prices have moved +4.2% year-on-year. Population growth of +1.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.