Ryde and Macquarie Park remain great areas to rent. Our business has always worked hard offering property management in Macquarie Park and Ryde.
In 2019, the Median Property Price in Macquarie Park for 1 bedroom apartments is $500 per week, $450 per week for 2 bedrooms and $690 per week for 3 bedrooms. (Courtesy of realestate.com.au).
This is an unusual trend given the median 2 bedroom price is lower than the 1 bedroom price. However this is attributed to the oversupply of 2 bedroom apartments in the area, and availability of older style apartments which are cheaper than new one bedrooms.
In Ryde, the median rental price for 2 bedroom houses is $500 per week, $650 per week for 3 bedroom houses, and $800 per week for 4 bedroom houses.
For Apartments, the median for 1 bedrooms is $460 per week, $550 per week for 2 bedrooms and $685 for 3 bedrooms. This data is heavily skewed however. Ryde has diverse pockets, ranging from sections closer to Meadowbank, Putney, North Ryde and also the submarket around Top Ryde Shopping Centre.
Each of these Submarkets is quite unique and will perform differently.
More on Property Management in Macquarie Park and Ryde
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