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North Ryde suburb profile

North Ryde is a bustling suburb located in Sydney's northern region, approximately 15km from the CBD. Known for its thriving business district, it hosts numerous multinational corporations and tech companies, making it a key employment hub. The suburb offers a mix of residential areas, including modern apartments and family homes, catering to a diverse community. With excellent transport links, including the North Ryde Metro Station, residents enjoy easy access to the city and surrounding areas. North Ryde's proximity to Macquarie University, shopping centres, and parks adds to its appeal, making it a sought-after location for professionals and families alike.

North Ryde property market performance

Current median dwelling price$1,602,500Past 3 months

Property growth+0.5%Past 12 months

North Ryde's property market has shown stability and growth over the last 12 months. House values have increased by 3.9%, bringing the median house price to $2.7 million, while unit values have remained static at $836,250. This reflects a steady demand for properties in the area.

Sales have been consistent, with 35 houses and 31 units sold over the past 12 months. Houses took a median of 62 days on the market, whereas units were slightly quicker at 55 days, indicating a healthy turnover in the property sector.

Rent in North Ryde has notably increased, with house rents climbing by 15% to an average of $1,150, while unit rents have risen by 4.8% to $765. This suggests a growing demand in the rental market, particularly for houses.

HousesUnits
Median price
Past 3 months
$2.35M$855K
Change in value
Past 12 months
3.9%-2.9%
Sold
Past 3 months
4226
Median days on market
Past 12 months
6256
Average rent
Past 12 months
$1250$780
Change in rent
Past 12 months
25.0%4.7%

5 year median price trend for houses and units

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North Ryde demographics

North Ryde, located in Sydney's northern suburbs, is a thriving community known for its blend of residential charm and commercial vitality. With a population of 14,043 and a median age of 37, it attracts a diverse mix of families, professionals, and retirees. The suburb's proximity to Macquarie University and the Macquarie Park business district makes it a convenient location for both education and employment opportunities, appealing to a wide range of residents.

The suburb is characterized by a strong family presence, with 50.1% of households being couple families with children, and 36.5% being couple families without children. This family-friendly environment is complemented by a variety of parks, schools, and recreational facilities, making it an ideal place for raising children. The median total household income of $2,383 per week reflects the suburb's relatively affluent status, supported by its well-established infrastructure and amenities.

In terms of housing, North Ryde offers a balanced mix of property ownership and rental options. Approximately 29.2% of properties are owned outright, while 33.2% are owned with a mortgage, indicating a stable homeowner base. Meanwhile, 37.7% of properties are rented, providing flexibility for those who prefer not to buy. This diverse housing landscape caters to both long-term residents and newcomers, contributing to North Ryde's dynamic and inclusive community atmosphere.

Suburbs near North Ryde

Some popular suburbs near North Ryde include:

  • East Ryde: Known for its scenic views and bushland reserves, East Ryde is located directly to the east of North Ryde.
  • Macquarie Park: A bustling business district with a major shopping centre and university, Macquarie Park lies to the northwest of North Ryde.
  • Denistone East: Featuring quiet residential streets and family-friendly parks, Denistone East is situated to the southwest of North Ryde.
  • Marsfield: Known for its green spaces and proximity to educational institutions, Marsfield is located to the north of North Ryde.
  • Ryde: Offering a mix of commercial and residential areas with excellent amenities, Ryde is situated to the south of North Ryde.

How does North Ryde compare to nearby suburbs?

  • Median house prices: North Ryde’s median house price is 95.8% higher than Marsfield’s.
  • Median unit prices: North Ryde’s median unit price is 3.0% higher than Macquarie Park’s.
  • House price growth: Over the past 12 months, house prices in North Ryde have grown 6.1% higher than in Macquarie Park.
  • Unit price growth: Over the past 12 months, unit prices in North Ryde have grown 3.8% higher than in Macquarie Park.
  • Selling speed for houses: Properties in North Ryde are selling 7.5% faster than in Ryde.
  • Selling speed for units: Properties in North Ryde are selling 12.5% faster than in Macquarie Park.
  • Investment considerations: In North Ryde, the rental yield for house is 37.2% higher than the Sydney average, while the rental yield for units is 0.3% lower.
  • House price growth: Over the past 12 months, house prices in North Ryde have grown 37.7% higher than the average rate of growth across Sydney.
  • Unit price growth:Over the past 12 months, unit prices in North Ryde have grown 11.5% lower than the average rate of growth for units across Sydney.

Choose the right real estate agents in North Ryde

Choosing the right real estate agent in North Ryde can have a big impact on your sale. While there are 107 real estate agents working in the suburb, but just 5 of them were responsible for 26.7% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.75% to 2.42%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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