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Denistone suburb profile

Denistone is a peaceful suburb in Sydney's Northern Suburbs, known for its leafy streets and family-friendly atmosphere. Situated approximately 16km northwest of the Sydney CBD, Denistone offers a tranquil residential setting with a mix of charming older homes and modern developments. The suburb is well-served by public transport, including Denistone railway station, providing easy access to the city and surrounding areas. With its proximity to parks, schools, and shopping centers, Denistone is an attractive location for families and professionals seeking a quiet yet convenient lifestyle. Its community-oriented environment and green spaces contribute to its appeal as a desirable place to live.

Denistone property market performance

Denistone's property market has experienced notable growth over the past 12 months, with house values increasing by 9.6% and unit values surging by 17.4%. The current median house price stands at $2.43 million, while units are priced at $765,000, indicating strong demand across both property types.

Sales activity has been limited, with only 8 houses and 2 units sold in the past three months. Houses are taking longer to sell, with a median of 46 days on the market, compared to 34 days for units, suggesting a quicker turnover in the unit market.

The rental market in Denistone has seen significant changes, particularly for houses, where rents have increased by 20.3% over the last 12 months. Unit rents have also risen, albeit more modestly, by 4.7%, reflecting a strong demand for rental properties in the area.

Median price - houses$2.42MPast 3 months

Median price - units$765KPast 3 months

Change in value - houses9.6%12 months

Change in value - units17.4%12 months

Houses sold8Past 3 months

Units sold2Past 3 months

Median DOM - houses46Past 12 months

Median DOM - units34Past 12 months

Average rent - houses$963Past 12 months

Average rent - units$785Past 12 months

Change in rent - houses20.3%Past 12 months

Change in rent - units4.7%Past 12 months

Denistone demographics

Denistone, located in Sydney's Northern Suburbs, is a serene and family-friendly area known for its leafy streets and strong sense of community. With a population of 3,726, the suburb offers a peaceful retreat from the hustle and bustle of city life while still providing convenient access to essential amenities and services. The median age of 43 suggests a mature community, with many residents likely to be established professionals and families who appreciate the suburb's tranquil environment and proximity to quality schools and parks.

The housing landscape in Denistone is characterized by a high rate of home ownership, with 45.2% of properties owned outright and 36.5% owned with a mortgage. This indicates a stable and settled community, with many long-term residents who have invested in the area. The rental market is relatively small, with only 18.4% of properties being rented, which further underscores the suburb's appeal to those seeking long-term residence and stability.

Family life is a significant aspect of Denistone, with 51.6% of households being couple families with children and 36.2% being couple families without children. This family-oriented atmosphere is complemented by the suburb's green spaces and recreational facilities, making it an ideal location for raising children. The presence of one-parent families, accounting for 10.9% of households, adds to the suburb's diversity and community spirit. Overall, Denistone offers a harmonious blend of suburban tranquility, community engagement, and accessibility, making it a desirable place to call home.

Denistone infrastructure, key developments and investment opportunities

Denistone is experiencing steady growth in its property market with a median house price of $2,400,000, reflecting a 2-3.91% increase over the past year based on approximately 27-38 sales. The suburb, located 16 kilometres northwest of Sydney's CBD in the City of Ryde, features predominantly low-density, single-story developments within a quiet, green environment with several forested areas. Recent observations indicate some redevelopment activity occurring throughout the suburb, potentially increasing housing diversity beyond the traditional older-style homes that characterize the area.

Transportation infrastructure remains a key advantage for Denistone, with the local train station serving as an important commuter hub that includes significant parking facilities for residents traveling to Sydney. The suburb's contained geographical area, absence of flooding hazards, and established residential character contribute to its stable property values, though the relatively limited commercial and retail opportunities within the postcode boundaries may influence buyer preferences. Denistone's professional demographic profile and proximity to neighboring suburbs like West Ryde and Meadowbank enhance its appeal for property investors and homebuyers.

Denistone rental market trends

The rental market in Denistone has experienced significant growth, with house rents increasing by 20.3% over the past year to $962 per week, while unit rents have seen a more modest rise of 4.7% to $785 per week. This suburb's appeal is bolstered by its family-friendly environment and convenient access to amenities, making it an attractive option for both renters and investors.

Suburbs near Denistone

Some popular suburbs near Denistone include:

Common questions about Denistone

  • Is Denistone a nice place to live?

    Denistone is a delightful suburb that offers a serene and family-friendly environment, making it a charming place to call home. Nestled in Sydney's Northern Suburbs, it is known for its leafy streets and strong community spirit. The suburb provides a peaceful retreat from the city's hustle and bustle while still maintaining convenient access to essential amenities. With its mix of charming older homes and modern developments, Denistone offers a tranquil residential setting that appeals to families and professionals alike.

    The suburb's proximity to parks, schools, and shopping centers makes it an attractive location for those seeking a quiet yet convenient lifestyle. Denistone is well-served by public transport, including its own railway station, which provides easy access to the city and surrounding areas. This connectivity is a significant advantage for residents who commute to Sydney for work or leisure. The community-oriented environment and abundance of green spaces contribute to Denistone's appeal as a desirable place to live.

    Families will find Denistone particularly appealing, thanks to its safe and welcoming atmosphere. The suburb's green spaces and recreational facilities provide ample opportunities for outdoor activities and family outings. However, one trade-off to consider is the relatively limited commercial and retail opportunities within the suburb itself, which may require residents to venture to nearby areas for a wider range of shopping and dining options. Despite this, Denistone's peaceful ambiance and strong sense of community make it a wonderful place to raise a family and enjoy a balanced lifestyle.

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  • Is it expensive to live in Denistone?

    Living in Denistone can be quite costly, especially when it comes to housing. The median house price is currently $2,425,000, which is significantly higher than many other suburbs in Sydney. If you're considering renting, the average rent for houses is around $962 per week, while units are a bit more affordable at $785 per week. These figures highlight the premium placed on living in this desirable area.

    When comparing the median total household income in Denistone, which is $2,683 per week, to the average wage in Sydney of about $90,000 per year (or roughly $1,731 per week), it's clear that Denistone residents typically earn more than the average Sydney household. This higher income level may help offset the steep property prices and rental costs, but it still means that a substantial portion of income is likely dedicated to housing expenses.

    Overall, Denistone offers a pleasant suburban lifestyle with its leafy streets and family-friendly environment. However, the cost of living, particularly in terms of housing, is on the higher end. If you're thinking of living in Denistone, it's essential to consider your financial situation and ensure it aligns with the expenses associated with this suburb.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Denistone a good place to invest?

    Denistone stands out as a promising suburb for investment, especially given its impressive property market performance over the past year. The suburb has seen a notable 9.6% increase in median house values and an even more remarkable 17.4% rise in unit values. This upward trend indicates strong demand and a healthy real estate market, making it an attractive option for investors looking for capital growth.

    In addition to property value appreciation, Denistone has experienced significant changes in rental yields. House rents have surged by 20.3%, suggesting a robust rental market and the potential for solid rental income. Although unit rents have increased by a more modest 4.7%, the overall rental market remains strong, providing opportunities for steady cash flow.

    Denistone's appeal is further enhanced by its family-friendly environment and convenient location, which contribute to its desirability among both renters and buyers. With its combination of capital growth potential and rental income opportunities, Denistone presents a compelling case for investment, offering a balanced mix of stability and growth.

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