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West Ryde Suburb Insights
VICLocation Information
Suburb Name
West Ryde, VIC
Distance from CBD
6.7 kmDemographics
Population
13,394
Median Income
$38,584
Area Information
Area
3.57 km²
Population Density
3752 people/km²
Property Market
Median Price
$737,015
Annual Growth
+11.2%Property Price Trend Analysis
Current Median Price
$737,015
Annual Growth
+11.2%
Quarterly Growth
+2.4%
Price Trends - Last 6 Months
2024-01
$721,992
+6.7%2024-02
$843,104
+9.8%2024-03
$1,028,363
+10.7%2024-04
$708,433
+7.7%2024-05
$708,341
+13.7%2024-06
$538,920
+19%Property Type Price Analysis
House
Median Price
$1,779,884
Growth Rate
+7.1%Available Listings
229 properties
Apartment
Median Price
$490,117
Growth Rate
+17.8%Available Listings
822 properties
Townhouse
Median Price
$659,456
Growth Rate
+8.6%Available Listings
297 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