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Ryde Suburb Insights

VIC
Location Information

Suburb Name

Ryde, VIC

Distance from CBD

23.7 km
Demographics

Population

26,499

Median Income

$39,312

Area Information

Area

7.1 km²

Population Density

3732 people/km²

Property Market

Median Price

$1,189,782

Annual Growth

+16.6%
Property Price Trend Analysis

Current Median Price

$1,189,782

Annual Growth

+16.6%

Quarterly Growth

+4.5%

Price Trends - Last 6 Months

2024-01

$849,211

+4.1%
2024-02

$468,573

+9.4%
2024-03

$955,795

+14.4%
2024-04

$1,142,815

+15.4%
2024-05

$537,085

+16%
2024-06

$1,058,723

+11.8%
Property Type Price Analysis
House

Median Price

$1,124,859

Growth Rate

+14.7%

Available Listings

486 properties

Apartment

Median Price

$601,544

Growth Rate

+6.9%

Available Listings

427 properties

Townhouse

Median Price

$846,377

Growth Rate

+14.5%

Available Listings

146 properties

Investment Potential Assessment
Investment Advantages
  • Annual growth exceeds 8% - excellent performance
  • Strong quarterly growth momentum
  • Diverse property types available
Considerations
  • Rising prices may affect affordability
  • Monitor interest rate changes
  • Consider long-term investment strategy