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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

Property growth+6.9%Past 12 months

Denistone's property market has shown stability over the past 12 months, with no change in the median house value, which remains at $2.13 million. The suburb has not recorded any unit sales or changes in unit values, indicating a focus on the housing market.

In terms of sales activity, 11 houses were sold in the past 12 months, with properties spending a median of 62 days on the market, suggesting a moderate pace of sales. The absence of unit sales highlights the limited availability or demand for units in Denistone.

The rental market for houses in Denistone has seen a notable increase, with average rents rising by 9.1% over the last 12 months to $900. This suggests a growing demand for rental houses, while the unit rental market remains inactive.

HousesUnits
Median price
Past 3 months
$2.13MN/A
Change in value
Past 12 months
-3.9%N/A
Sold
Past 3 months
11N/A
Median days on market
Past 12 months
62N/A
Average rent
Past 12 months
$900N/A
Change in rent
Past 12 months
9.1%N/A

5 year median price trend for houses and units

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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 growth, with house rents increasing by 9.1% over the past year to $900 per week. However, unit rents have remained unchanged, reflecting a stable market for units. Denistone continues to attract interest due to its suburban charm and proximity to key amenities, making it a desirable location for families and investors alike.

Suburbs near Denistone

Some popular suburbs near Denistone include:

How does Denistone compare to nearby suburbs?

  • Median house prices: Denistone’s median house price is 11.5% higher than West Ryde’s.
  • House price growth: Over the past 12 months, house prices in Denistone have grown 4.6% higher than in West Ryde.
  • Unit price growth: Over the past 12 months, unit prices in Denistone have grown 24.0% higher than in West Ryde.
  • Selling speed for houses: Properties in Denistone are selling 7.5% faster than in West Ryde.
  • House price growth: Over the past 12 months, house prices in Denistone have grown 16.1% higher than the average rate of growth across Sydney.
  • Unit price growth:Over the past 12 months, unit prices in Denistone have grown 113.4% higher than the average rate of growth for units across Sydney.

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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Choose the right real estate agents in Denistone

In Denistone, 29 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 36.6% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 1.5% and 2.92%. Comparing agents and understanding what’s included in their fee structure can help you find the right mix of service, value, and motivation—without compromising on outcomes.

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