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: