Ryde is a large suburb in New South Wales within the Ryde local government area (postcode 2112). With a population of 31,907, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $105K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Chinese, English, Australian.
The median house price in Ryde is $2.1 million, having dropped significantly 16.7% over the past year. Units have a median price of $610,000 (-17.1% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,500.
Ryde is served by 7 schools, including 5 primary, 2 secondary. The average ICSEA score is 1115, which is well above the national average of 1,000. Public transport access includes 2 rail stations, 122 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Ryde LGA is below average at 2,038 incidents per 100,000 population.
From an investment perspective, Ryde offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($2.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 20.3x is considered stretched. House prices have moved -16.7% year-on-year.
Ryde is a large suburb in New South Wales within the Ryde local government area (postcode 2112). With a population of 31,907, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $105K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Chinese, English, Australian.
The median house price in Ryde is $2.1 million, having dropped significantly 16.7% over the past year. Units have a median price of $610,000 (-17.1% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,500.
Ryde is served by 7 schools, including 5 primary, 2 secondary. The average ICSEA score is 1115, which is well above the national average of 1,000. Public transport access includes 2 rail stations, 122 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Ryde LGA is below average at 2,038 incidents per 100,000 population.
From an investment perspective, Ryde offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($2.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 20.3x is considered stretched. House prices have moved -16.7% year-on-year.