This property is Off Market
With an average age of 40, households expect an average monthly mortgage payment of $2,189 or a weekly rent payment of $245. The average family earns a weekly income of $2,055 with a typical household size of 2.9 and a 95.54% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Rydalmere due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Rydalmere classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Rydalmere necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
(Country of Birth not stated 5%)
Ermington - Rydalmere a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
New South Wales State average 59 / 100
Income
37 / 100
31 / 100
Industry
39 / 100
22 / 100
Population
36 / 100
19 / 100
House Prices
63 / 100
60 / 100
Jobs
46 / 100
29 / 100
Incidents Trend State Average
Telopea Public School
Telopea, NSW, 2117 State K-6
Rydalmere East Public School
Ermington, NSW, 2115 State P-6
Yates Avenue Public School
Dundas Valley, NSW, 2117 State P-6
St Mary's Primary School
Rydalmere, NSW, 2116 Independent K-6
Rydalmere Public School
Rydalmere, NSW, 2116 State P-6
Ermington West Public School
Ermington, NSW, 2115 State K-6
Melrose Park Public School
West Ryde, NSW, 2114 State K-6
Dundas Public School
Dundas, NSW, 2117 State K-6
Ermington Public School
West Ryde, NSW, 2114 State K-6
St Patrick's Marist College
Dundas, NSW, 2117 Independent 7-12
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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