501/1 Network Pl, North Ryde is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. The property has a floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
An excellent chance to get your first foothold into the real estate market or your first affordable investment. This 5th floor apartment offered in the prestigious "Ryde Gardens Precinct" which is only 50 metres from North Ryde Metro Station and less than 10 minutes to Macquarie Park CBD, Uni & Shopping Centre, easy access into the Lane Cove Tunnel & onto M2 Motorway.
The apartment features a generous open plan high quality Kitchen and dining/living area, Separate Study Room, Bedroom with built in robe, sunny covered balcony with access from both bedroom & living. Air conditioned, Security one car parking plus storage cubicle. Complex, amenities include 25 m Pool, Gym & Roof Sky Garden.
Market Entry Opportunity for First Home Buyers & Investors
The size of North Ryde is approximately 5.3 square kilometres. It has 35 parks covering nearly 22.8% of total area. The population of North Ryde in 2011 was 10,114 people. By 2016 the population was 10,860 showing a population growth of 7.4% in the area during that time. The predominant age group in North Ryde is 40-49 years. Households in North Ryde are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in North Ryde work in a professional occupation. In 2011, 75.3% of the homes in North Ryde were owner-occupied compared with 72.7% in 2016.
North Ryde has 6,323 properties. Over the last 5 years, Houses in North Ryde have seen a 86.87% increase in median value, while Units have seen a 9.89% increase. As at 31 August 2024:
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