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West Ryde, NSW 2114

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If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for West Ryde, NSW 2114 located in Sydney to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “West Ryde, NSW 2114”

  1. The total adult population (15 years or older) of West Ryde 2114 NSW is 10,970, with a median age of 37. Of those, 50.43% are married, 9.71% are divorced or separated, 35.70% are single and 4.13% are widowed.

    The average household size is 2.5 people per dwelling, and the median household monthly income is estimated to be $9,324. The median monthly mortgage repayment for households in this suburb is $2,500 which is 26.81% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of West Ryde, bearing the postcode 2114, is nestled within the state of New South Wales, Australia. This suburb presents a snug community of approximately 6163 households. As we headed into the third quarter of 2023, property market statistics shed light on the unique market dynamics of this area.

    On the financial front, typical house prices in West Ryde are substantial, settling around the mark of $2,102,710. Coupled with a median weekly rent priced at $666, this solid price tag leads to an indicative yield of around 1.65%. While this yield is somewhat lower than desired by those investors focusing on cash flow, there are other factors in West Ryde’s property stats that merit consideration.

    The socio-economic score of the suburb stands well at 1078 out of a possible 1217, exhibiting the generally elevated socio-economic status of West Ryde. However, the renter to owner ratio inches into the higher side at 44%, underlining a comparably higher presence of renters. Furthermore, a unit to house ratio of 51% points towards an evenly divided property mix, potentially intensifying competition among landlords for tenants.

    Stepping into the realm of affordability, West Ryde mounts up an index of 88 years – a clear indication of the expensive property market prevailing in the region. In terms of supply, the stock on market Percentage resting at a modest 0.3% and inventory reaching just over a month hints at a favourable balance in line with demand.

    The building approvals ratio, a measure of the growth in the housing stock, is well-preserved at 0.86% indicating a manageable rise in new dwellings. Properties aren’t lingering too long on the market either, with the average house finding a new owner in 35 days, exemplifying an active property market. Moreover, a combined vacancy rate for both houses and units in West Ryde records a low 1.38%, suggesting an equally favourable demand level in coherence with supply.

    Lastly, the buy search index for houses in West Ryde is sitting at 4, ordinarily placed within the customary range and showing balanced interest from potential purchasers. Although some metrics are on the edge, a composite examination of these factors demonstrates that West Ryde 2114 has a viable property market that could be attractive to the right investor, particularly those focused on capital growth rather than immediate cashflow.

    In keeping with the data above, maintaining an insightful and strategic approach to investment in West Ryde or any other suburb is crucial. A wise investor will consider the full breadth of metrics, including the RCS developed by HtAG Analytics, to establish a comprehensive understanding of the property market landscape.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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