Meadowbank is a mid-sized suburb in New South Wales within the Ryde local government area (postcode 2114). With a population of 5,089, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $104K per year, with an average household size of 2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Chinese, English, Australian.
The median house price in Meadowbank is $2.5 million, having dropped significantly 13.2% over the past year. Units have a median price of $630,000 (-5.6% YoY). The current median weekly rent is $710. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $2,148.
Meadowbank is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1103, which is well above the national average of 1,000. Public transport access includes 2 rail stations, 1 ferry wharf, 2 bus stops. The crime rate in the Ryde LGA is below average at 2,038 incidents per 100,000 population.
From an investment perspective, Meadowbank offers a gross rental yield of 1.5%, 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 24.4x is considered stretched. House prices have moved -13.2% year-on-year.
Meadowbank is a mid-sized suburb in New South Wales within the Ryde local government area (postcode 2114). With a population of 5,089, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $104K per year, with an average household size of 2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Chinese, English, Australian.
The median house price in Meadowbank is $2.5 million, having dropped significantly 13.2% over the past year. Units have a median price of $630,000 (-5.6% YoY). The current median weekly rent is $710. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $2,148.
Meadowbank is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1103, which is well above the national average of 1,000. Public transport access includes 2 rail stations, 1 ferry wharf, 2 bus stops. The crime rate in the Ryde LGA is below average at 2,038 incidents per 100,000 population.
From an investment perspective, Meadowbank offers a gross rental yield of 1.5%, 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 24.4x is considered stretched. House prices have moved -13.2% year-on-year.