Denistone West is a small community in New South Wales within the Ryde local government area (postcode 2114). With a population of 947, the suburb has an established demographic with a median age of 42. Households earn a median income of $134K per year, with an average household size of 3.1 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Chinese, English, Australian.
The median house price in Denistone West is $2.3 million, having increased 3.5% over the past year. Units have a median price of $2.2 million (+8.2% YoY). The current median weekly rent is $710. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $2,500.
The crime rate in the Ryde LGA is below average at 2,038 incidents per 100,000 population.
From an investment perspective, Denistone West offers a gross rental yield of 1.6%, rated as low yield. Property prices are above the state median ($2.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 17.0x is considered stretched. House prices have moved +3.5% year-on-year.
Denistone West is a small community in New South Wales within the Ryde local government area (postcode 2114). With a population of 947, the suburb has an established demographic with a median age of 42. Households earn a median income of $134K per year, with an average household size of 3.1 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Chinese, English, Australian.
The median house price in Denistone West is $2.3 million, having increased 3.5% over the past year. Units have a median price of $2.2 million (+8.2% YoY). The current median weekly rent is $710. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $2,500.
The crime rate in the Ryde LGA is below average at 2,038 incidents per 100,000 population.
From an investment perspective, Denistone West offers a gross rental yield of 1.6%, rated as low yield. Property prices are above the state median ($2.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 17.0x is considered stretched. House prices have moved +3.5% year-on-year.