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
West Ryde's property market has shown modest growth over the past 12 months. House values have increased by 2.1%, with the median house price reaching $2.38 million. Meanwhile, unit values have seen a slightly higher increase of 3.2%, bringing the median unit price to $668,000.
Sales activity has been relatively active, with 17 houses and 35 units sold in the past three months. Units are moving faster than houses, with a median time on market of 25 days compared to 48 days for houses, indicating stronger demand in the unit market.
The rental market in West Ryde has experienced varied changes over the last 12 months. While house rents have remained stable with no change, unit rents have increased significantly by 9.4%, suggesting a growing demand for rental units in the area.
Median price - houses$2.38MPast 3 months
Median price - units$668KPast 3 months
Change in value - houses2.1%12 months
Change in value - units3.2%12 months
Houses sold17Past 3 months
Units sold35Past 3 months
Median DOM - houses48.5Past 12 months
Median DOM - units25Past 12 months
Average rent - houses$720Past 12 months
Average rent - units$580Past 12 months
Change in rent - houses-4.6%Past 12 months
Change in rent - units9.4%Past 12 months
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 for houses, with rents remaining unchanged at $720 per week over the past year. In contrast, unit rents have experienced a notable increase of 9.4%, reaching $580 per week. This growth in unit rents highlights a rising demand for more affordable living options in this well-connected suburb.
Suburbs near West Ryde
Some popular suburbs near West Ryde include: