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West Ryde suburb profile

West Ryde is a vibrant suburb located in Sydney's Northern Suburbs, approximately 16km from the CBD. Known for its family-friendly atmosphere, West Ryde offers a mix of residential options, from charming older homes to modern apartments. The suburb boasts excellent transport links, including a train station and multiple bus routes, making it convenient for commuters. West Ryde is home to a diverse community and features a variety of local amenities, including shopping centres, parks, and schools. Its blend of suburban tranquility and urban convenience makes West Ryde a popular choice for families and professionals alike.

West Ryde property market performance

Current median dwelling price$1,277,000Past 3 months

Property growth-2.3%Past 12 months

West Ryde's property market has shown stability and modest growth over the past 12 months. The median house price has remained steady at $1.91 million, while unit values have seen a 3.8% increase, bringing the median unit price to $648,000. This indicates a slight shift in demand towards units in the area.

Sales activity has been consistent, with 30 houses and 39 units sold in the past three months. Houses are taking longer to sell, with a median of 67 days on the market, compared to 41 days for units, suggesting stronger demand for units.

The rental market in West Ryde has experienced varied changes, with house rents remaining unchanged, while unit rents have increased by 5.5%, reflecting a growing interest in rental units.

HousesUnits
Median price
Past 3 months
$1.91M$648K
Change in value
Past 12 months
-8.5%3.8%
Sold
Past 3 months
3039
Median days on market
Past 12 months
6741
Average rent
Past 12 months
$850$580
Change in rent
Past 12 months
N/A5.5%

5 year median price trend for houses and units

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West Ryde demographics

West Ryde, located in Sydney's Northern Suburbs, is a family-friendly area known for its convenient access to both the city and surrounding natural attractions. With a population of 13,171 and a median age of 37, the suburb is home to a diverse mix of families, professionals, and retirees. The median total household income of $1,983 per week reflects a comfortable standard of living, appealing to those seeking a balanced lifestyle.

The suburb's family-oriented nature is evident, with 46.5% of households being couple families with children, and 37.2% being couple families without children. This demographic composition highlights West Ryde's appeal to both growing families and those enjoying a quieter, child-free lifestyle. Additionally, 13.7% of households are one-parent families, indicating a supportive community environment for various family structures.

In terms of housing, West Ryde offers a mix of ownership and rental opportunities. Approximately 26.7% of properties are owned outright, while 28.6% are owned with a mortgage, suggesting a stable property market with opportunities for both long-term residents and new buyers. The rental market is also significant, with 44.6% of properties being rented, catering to those who prefer flexibility or are new to the area.

West Ryde's strategic location, combined with its strong community feel and diverse housing options, makes it an attractive suburb for a wide range of residents. Its proximity to transport links, shopping centers, and recreational facilities further enhances its appeal, offering a well-rounded lifestyle for its inhabitants.

West Ryde infrastructure, key developments and investment opportunities

West Ryde is experiencing significant urban renewal with several mixed-use development projects transforming the suburb's core around Ryedale Road and West Parade. The completion of contemporary apartment complexes like those on Ryedale Road has introduced modern housing options to the area, increasing residential density while maintaining the suburb's community atmosphere. These developments are strategically positioned near West Ryde station, enhancing the appeal for commuters looking for convenient access to Sydney CBD, located just 16 kilometers away.

The City of Ryde's ongoing infrastructure improvements include upgrades to local parks and community facilities, contributing to West Ryde's livability. The suburb benefits from its proximity to major employment hubs in Macquarie Park and Rhodes, making it increasingly attractive to professionals and families. With its established shopping precinct, educational facilities, and position within Northern Sydney's growth corridor, West Ryde continues to offer solid investment potential while maintaining its suburban character and community appeal.

West Ryde rental market trends

The rental market in West Ryde has shown stability, with house rents remaining unchanged at $850 per week over the past year. In contrast, unit rents have experienced a modest increase of 5.5%, reaching $580 per week. This steady growth in unit rents reflects ongoing demand in the area, making West Ryde an attractive option for renters seeking affordability and convenience.

Suburbs near West Ryde

Some popular suburbs near West Ryde include:

How does West Ryde compare to nearby suburbs?

  • Median house prices: West Ryde’s median house price is 10.3% lower than Denistone’s.
  • Median unit prices: West Ryde’s median unit price is 10.4% lower than Ryde’s.
  • House price growth: Property prices in nearby Denistone have risen 4.6% more than in West Ryde over the past year.
  • Unit price growth: Over the past 12 months, unit prices in West Ryde have grown 15.0% higher than in Ryde.
  • Selling speed for houses: Properties in nearby Denistone are selling 7.5% faster than in West Ryde.
  • Selling speed for units: Properties in West Ryde are selling 46.8% faster than in Ryde.
  • Investment considerations: In West Ryde, the rental yield for house is 2.6% lower than the Sydney average, while the rental yield for units is 22.1% lower.
  • House price growth: Over the past 12 months, house prices in West Ryde have grown 7.1% higher than the average rate of growth across Sydney.
  • Unit price growth:Over the past 12 months, unit prices in West Ryde have grown 27.4% lower than the average rate of growth for units across Sydney.

Common questions about West Ryde

  • Is West Ryde a nice place to live?

    West Ryde is a delightful suburb that offers a harmonious blend of suburban tranquility and urban convenience, making it a charming place to call home. Nestled in Sydney's Northern Suburbs, it provides a welcoming atmosphere for families, professionals, and retirees alike. The suburb is known for its peaceful streets lined with a mix of charming older homes and contemporary apartments, catering to a diverse range of residents. The vibrant community spirit is palpable, with friendly neighbors and a strong sense of belonging.

    Families will find West Ryde particularly appealing, thanks to its excellent local amenities, including reputable schools, parks, and shopping centers. The suburb's proximity to major employment hubs and its efficient transport links, including a train station and multiple bus routes, make commuting a breeze. This accessibility is a significant draw for those who work in the city but prefer the serenity of suburban life. Safety is generally not a major concern, contributing to the suburb's family-friendly reputation.

    While West Ryde offers a fantastic lifestyle, there are a few trade-offs to consider. The ongoing urban renewal projects, while enhancing the suburb's appeal, may bring some temporary disruptions. Additionally, the increasing residential density might lead to a busier environment over time. However, these developments also bring modern conveniences and improved infrastructure, ensuring that West Ryde continues to thrive as a desirable place to live. Overall, for those seeking a balanced lifestyle with a strong community feel, West Ryde is an excellent choice.

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  • Is it expensive to live in West Ryde?

    Living in West Ryde can be quite costly, particularly when it comes to purchasing property. The median house price is a substantial $2,380,000, which is considerably higher than many other suburbs in the area. Units, while more affordable, still come with a median price of $668,000. This makes buying property in West Ryde a significant financial commitment.

    When it comes to renting, the average rent for houses is $720 per week, while units average $580 per week. These rental prices are relatively high, especially when compared to the average wage in West Ryde, which is $86,000 per year. This wage is slightly above the average income in Sydney, but the high property prices and rental costs mean a large portion of income would be dedicated to housing.

    Overall, West Ryde offers a convenient location and a pleasant suburban lifestyle, but these benefits come with a hefty price tag. If you are thinking of living in West Ryde, it's important to carefully consider your financial situation to ensure you can comfortably manage the costs associated with this desirable 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 West Ryde a good place to invest?

    West Ryde presents a promising investment opportunity, particularly for those interested in the unit market. Over the past year, the suburb has seen a 3.2% increase in median unit values, which is a positive sign of growth. This is complemented by a significant 9.4% rise in rent for units, indicating strong rental demand and the potential for good rental returns. Such trends suggest that investing in units in West Ryde could be a smart move for those looking to capitalize on rental income.

    While the change in median house value has been a modest 2.1%, the stability in house prices can be appealing for investors seeking a less volatile market. The lack of change in house rents over the past year might suggest a more stable rental market for houses, which could appeal to long-term investors focused on steady income rather than rapid growth. Overall, West Ryde offers a balanced investment landscape with particular strengths in the unit market, making it an attractive option for investors looking to tap into both capital growth and rental yield potential.

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Choose the right real estate agents in West Ryde

In West Ryde, 114 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 28.9% 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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