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Ryhope
NSW, 2283 - Lake Macquarie

Thinking about buying in Ryhope? Now could not be a better time, with just 106 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $899,000 with prices in this suburb ranging from $20,000 to $1,540,000. The aproximate distance to the coast is 13 Km.

Household Makeup

Median Weekly Rent $405.00
Median Monthly Mortgage $2182.00
Median Persons Per Bedroom 0.90
Average Household Size 3.00
Average Age 43.50
Average Income $679.50
Average Cars Per Dwelling 2.50
Average Properties Within 50M 4

Housing Stock

Average Property Prices

3 Bed  $1,128,000
4 Bed  $1,228,000
5 Bed  $1,539,000
6 Bed+$1,323,000

Ryhope Real Estate Market Outlook

In Ryhope there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Ryhope is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Ryhope changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Ryhope to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Ryhope we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Ryhope a better buying opportunity than it may have been in the past.


Local Schools

Awaba Public School

(While the above schools are located with the suburb of Ryhope there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Ryhope weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.018.930.148.193.64.624.5
Feb3.318.628.352.794.54.220.7
Mar5.117.426.854.2954.116.6
Apr4.413.724.551.695.83.614.4
May2.610.021.049.393.84.011.3
Jun4.88.718.254.494.24.39.5
Jul2.36.818.346.191.94.510.8
Aug1.86.819.838.591.64.513.7
Sept2.09.423.037.092.54.318.2
Oct2.412.224.841.593.04.421.3
Nov2.515.526.946.893.74.424
Dec2.517.328.247.893.34.624.8

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

30-08-2024 $50,000 33 BUSHROCK RD
29-09-2023 $20,000 35 BUSHROCK RD
14-10-2022 $20,000 7 CHARLES ST
09-07-2021 $900,000 12 COZZIE LANE
04-09-2020 $770,000 29 BUSHROCK RD
12-09-2018 $16,500 12 CHARLES ST
25-11-2016 $1,101,000 340 CESSNOCK RD
16-11-2016 $717,000 29 BUSHROCK RD
26-09-2016 $850,000 353 CESSNOCK RD
27-10-2014 $8,000 20 JOHN ST
29-09-2014 $940,000 340 CESSNOCK RD
20-11-2009 $5,500 37 CHARLES ST
25-09-2009 $5,500 25 RIDLEY ST
07-07-2009 $5,500 44 JOHN ST
15-07-2008 $11,666 38 CHARLES ST

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Freemans WaterholeWakefieldAwabaFassifernBlackalls ParkTorontoBrunkervilleFennell BayKillingworthKilaben Bay

Public Transport


General Points of Interest

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