North Ryde is an established suburb in New South Wales within the Ryde local government area (postcode 2113). It is home to about 14,043 residents, with a mix of young professionals and families and a median age of 37. Households earn a median income of $124K per year, with an average household size of 2.6 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 professional services and healthcare. The top ancestries reported are Chinese, Australian, English.
North Ryde has a median house price of $2.9 million, which has risen solidly by 9.9% year-on-year. Units have a median price of $690,000 (-12.7% YoY). The current median weekly rent is $910. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $2,700.
North Ryde is served by 6 schools, including 5 primary, 1 special. The average ICSEA score is 1105, which is well above the national average of 1,000. Public transport access includes 86 bus stops. Healthcare facilities include 2 public hospitals. The crime rate in the Ryde LGA is below average at 2,087 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 1.6% (low yield). Property prices are above the state median ($2.9M/$1.5M), placing it in the premium segment. The price-to-income ratio of 23.2x is considered stretched. House prices have moved +9.9% 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.