Located in New South Wales within the Ryde local government area, Tennyson Point is a small locality (postcode 2111). The area has roughly 1,247 residents and an established family demographic, with a median age of 42. Households earn a median income of $168K per year, with an average household size of 3.1 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 healthcare and construction. The top ancestries reported are English, Australian, Italian.
Median house prices in Tennyson Point stand at $4.6 million, having risen steeply by 15.8% over the last twelve months. Units have a median price of $2.1 million (+23.4% YoY). The current median weekly rent is $775. This gives a gross rental yield of approximately 0.9%. The median monthly mortgage repayment is $4,000.
Public transport access includes 3 bus stops. The crime rate in the Ryde LGA is below average at 2,087 incidents per 100,000 population.
On the investment side, Tennyson Point shows a gross rental yield of approximately 0.9%, rated as low yield. Property prices are above the state median ($4.6M/$1.5M), placing it in the premium segment. The price-to-income ratio of 27.5x is considered stretched. House prices have moved +15.8% 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.