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Rydalmere, NSW 2116

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 Rydalmere, NSW 2116 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

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5BR

Rent 

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3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

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Yield 

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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 “Rydalmere, NSW 2116”

  1. The total adult population (15 years or older) of Rydalmere 2116 NSW is 5,883, with a median age of 37. Of those, 50.60% are married, 11.27% are divorced or separated, 33.96% are single and 4.18% are widowed.

    The average household size is 2.8 people per dwelling, and the median household monthly income is estimated to be $8,796. The median monthly mortgage repayment for households in this suburb is $2,500 which is 28.42% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in NSW is the suburb of Rydalmere 2116, home to an estimated 3,560 households. As we get into Q3 of 2023, the typical prices for houses in Rydalmere 2116 are trending at $1,535,766. These dwellings command a median weekly rent of $599 – with that in mind, we see an indicative yield of 2.03%, which is currently below the 3% cashflow-centered property investors usually find attractive.

    The IRSAD socio-economic score for the suburb is 1,030 out of 1,217, signifying that the area hosts a population with reasonably good access to economic resources and skilled professions, fostering a higher quality of life. However, the property investor perspective discloses a renter to owner ratio of 42%, which is above the desirable threshold of 30% and might expose the return on investment to the risk of high renter competition.

    Diving deeper into the property market composition, the units to houses ratio is 23%. This relatively low ratio is beneficial as it reduces the risk of rental market saturation, allowing for less competition among landlords. For those interested in acquiring houses in this area, the affordability index is a notable 68 years, which is a significant waiting period, indicative of difficult affordability conditions for typical residents in the area.

    On the supply side, houses in Rydalmere 2116 exhibit a promisingly low stock on market Percentage of 0.05%. This, coupled with an inventory level standing at just 0.21 months, signals the presence of a low supply market – this could potentially open up favourable opportunities for property sellers in the area.

    Adding to the understanding of current housing supply, the building approvals Ratio for houses is 1.05%, which is within the acceptable range, suggesting a stable increase of new housing stock.

    Indicators of demand establish the local market as appealing as well. With an average days on market of 24 days for houses, this suggests relatively high demand among prospective buyers. Vacancy rates, when combining houses and units, are noted at a balanced 1.21%, indicative of a good equilibrium between rental supply and demand in the suburb. The Buy Search Index, at a state average level of 5, also indicates neutral but consistent demand for houses in Rydalmere 2116.

    In conclusion, while there are some metrics – such as yield and the affordability index – that may not be in the most favourable range, the majority of the other metrics point to Rydalmere 2116 being a location worth considering for property investment. Of course, close monitoring of these market trends is paramount in making informed property decisions. Remember to leverage comprehensive tools, like the Relative Composite Score (RCS) offered by HtAG Analytics that uses over 80 metrics to provide comprehensive insights.

    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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