Where is North Ryde?
North Ryde is around 16 kilometres north west of the Sydney CBD and enjoys picturesque surrounds along the banks of the Lane Cove River and its parklands. Post colonisation, the area was farmlands, with the whole mass of land between the Parramatta and Lane Cove rivers one of Australia’s oldest settlements. North Ryde is part of the official City of Ryde, which encompasses adjacent suburbs of Ryde, East Ryde, West Ryde, Gladesville, and Macquarie Park to name a few.
North Ryde is a major business district, its postcode home to the Australian headquarters and offices of global multinational companies such as Microsoft, Hewlett Packard and Honeywell. Macquarie University is just a few minutes away in Macquarie Park and the CSIRO also has offices locally. There is also a strong presence of small to medium businesses, housed at The Village North Ryde - a river side corporate park.
The commute from North Ryde to Sydney CBD can take roughly 20 to 30 minutes off-peak, via the M1 of the A40. There are three underground train stations in North Ryde and a major transport interchange is in the works, to accommodate for the high volume of workers and students accessing the City of Ryde.
Living in North Ryde
With such a strong business community in North Ryde, most of its daily traffic comes from commuters who live elsewhere. The local population of residents is almost 11,000 people and almost 60% of them are Australian born. The remaining population includes migrants from China, India, Europe and south east Asia. More than 20% of the population speak a language other than English at home.
Because of its status as a major business district, North Ryde attracts a diverse mix of people to its community both as residents and workers. There are plenty of good local facilities including a couple of shopping malls at Cox’s road and Quarry road, as well as larger more upscale shopping centres such as the Macquarie centre, Top Ryde City shopping centre and Eastwood shopping centre in neighbouring suburbs. All offer mixed retail, department stores, supermarkets and essential services.
Its proximity to Macquarie University makes it somewhat of a hub for education and North Ryde has plenty of public and private, primary and secondary schools to choose from. With Macquarie University’s medical program comes excellent local medical services too. North Ryde residents can easily access both Macquarie hospital and Macquarie university private hospital, as well as the emergency department at Ryde Hospital.
Things to See and Do in North Ryde
Its riverside location offers numerous outdoor spaces and activities to be enjoyed. North Ryde is adjacent to the popular Lane Cove National Park and along the Lane Cove river, there are lovely places to walk, rest, picnic or enjoy the water. There is a local golf course and many active teams playing sports such as rugby league, soccer and hockey. The North Ryde oval is a popular spot for local sports such as cricket and soccer and has excellent children’s playground equipment.
The Ryde Aquatic Leisure Centre is in nearby Ryde and offers multiple pools, slides and other aquatic and sporting activities. Many hours can be spent browsing through the Macquarie Centre and the Top Ryde shopping centre, both of which also have cinema complexes.
North Ryde Accommodation
North Ryde has a range of properties available, from established family homes to contemporary apartments, many appealing to the corporate market. North Ryde is a highly desired location for buyers and investors, given the current strong growth in the area and its ideal positioning. The median price for a 3-bedroom house is currently $1.4 million and the median unit price is $917,500 (as of March 2019).
Many older style homes are being replaced with new builds, which in the long run should lead to overall growth in house prices locally. This will be further influenced as transport services and local parks and recreation facilities are improved in the years ahead.
Rentals in North Ryde are still surprisingly affordable given the median property prices, no doubt to accommodate the local student population and influx of workers in IT and corporate roles.
If you are interested in learning more about the North Ryde property scene, First National Real Estate Agents in North Ryde can help. Their local agents can talk to you about renting in North Ryde, what’s around if you want to buy in North Ryde and even brief you on the local market by running you through some recently sold properties. For all of your North Ryde real estate needs contact the friendly team at First National Hunters Hill Gladesville & Ryde.