North Ryde seeing strong unit price growth: Investar

North Ryde seeing strong unit price growth: Investar
Staff reporterMarch 30, 2017

North Ryde is the fastest locality for unit median price growth in New South Wales, according to Investar’s latest report.

The property investment firm says that the median price for North Ryde units has increased by 56%.

This is followed by Penrith and Woolooware with 50% and Nambucca Heads with 41%.

Suburb

Postcode

Bedrooms

Median price

Median price growth

North Ryde

2113

2

$869,500

56%

Penrith

2750

Studio and 1

$387,500

50%

Woolooware

2230

2

$810,000

50%

Nambucca Heads

2448

2

$445,000

41%

Caringbah

2229

Studio and 1

$525,000

39%

Shoal Bay

2315

2

$550,000

37%

Woonona

2517

2

$392,500

35%

Eden

2551

2

$206,500

31%

Rosehill

2142

Studio and 1

$492,500

29%

Tweed Heads

2485

2

$450,000

28%

A two bedroom unit at A401/1 Allengrove Crescent, North Ryde (above) has been listed for $900,000.

Similarly a two bedroom unit at B201/1-9 Allengrove, North Ryde (below) was sold.

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