Question 1

Is Meadowbank a nice place to live?

Accepted Answer

Meadowbank sits on the Parramatta River, where waterfront apartment complexes sit alongside quieter streets of older single-fronted cottages and post-war houses. The foreshore parklands and riverwalk are a defining feature, popular for strolls, cycling and local rowing, and a compact retail strip by the station provides cafes and everyday shops. Public transport is a strong point, with a local train station and a ferry wharf linking toward Parramatta and the harbour, and easy road connections to nearby commercial centres, so the suburb appeals to families and professionals seeking a calm riverside lifestyle with good links to the city.

About 5,089 people live in Meadowbank, with a median age of 34 and a typical household income of $1,993 a week. Households are weighted towards couple families, and dwellings are more often rented than owner-occupied (60.5% rented). Meadowbank is part of the City of Ryde’s West Ryde–Meadowbank Renewal Strategy, the park has a new regional playground and amenities building, and the ferry wharf was included in Sydney’s commuter wharf upgrade program. Whether Meadowbank suits you comes down to whether you want a riverside setting with good transport and a community largely made up of couple households.

Question 2

Is it expensive to live in Meadowbank?

Accepted Answer

In Meadowbank, the median unit price is $726,000 and units rent for about $700 a week. A typical local household earned about $1,993 a week at the last Census, which is the income benchmark used here.

On those figures, $700 a week is roughly 35.2% of a typical local household's weekly income at the last Census, a sizeable share. The median unit price of $726,000 is about 7.0 times a typical local annual household income at the last Census, which sits well above local incomes. Whether that feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Meadowbank a good place to invest?

Accepted Answer

Over the past 12 months unit values in Meadowbank rose 5.6% and unit rents increased 7.7%. Because rents climbed faster than values, rental income has been the stronger performer on the unit side this year.

Which of those movements matters most comes down to your goals: the rent change is the key number if you care about rental income, while the value change is what speaks to capital growth. Whether that pattern suits your plans depends on your own circumstances and objectives.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	$726K
Change in value Past 12 months	N/A	5.6%
Sold Past 3 months	N/A	44
Median days on market Past 12 months	N/A	35
Average rent Past 12 months	N/A	$700
Change in rent Past 12 months	N/A	7.7%

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