Located in New South Wales within the Ryde local government area, Putney is a smaller residential area (postcode 2112). The area has roughly 4,097 residents and a settled mid-life population, with a median age of 44. Households earn a median income of $159K per year, with an average household size of 3 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 English, Australian, Chinese.
The median house price in Putney is $3.5 million, having declined steeply by 8.1% over the past year. Units have a median price of $1.9 million (+17.1% YoY). The current median weekly rent is $788. This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $3,467.
Public transport access includes 20 bus stops. The crime rate in the Ryde LGA is below average at 2,087 incidents per 100,000 population.
From an investment perspective, Putney shows a gross rental yield of approximately 1.2%, rated as low yield. Property prices are above the state median ($3.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 22.0x is considered stretched. House prices have moved -8.1% 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.