28/275-281 Blaxland Road, Ryde NSW 2112
28/275-281 Blaxland Road, Ryde NSW 2112
2-bed 1-bath unit | 77m² honest size | 9-year-old build | single parking | Ryde convenience strip
A practical, modern footprint is offered by this unit, outperforming many older Ryde apartments in layout and condition. Its 77 square metres are given to genuine two-bedroom living without the squeeze of newer high-density stock. The building age is seen as reducing immediate maintenance concerns, making the unit particularly suitable for first-home buyers seeking low ownership costs and investors wanting reliable tenant appeal. Positioned along a well-serviced corridor, the unit is placed within a practical middle-ring suburb with strong access to schools, shopping, and transport. The configuration is not exceptional but it is sound, and that stability is served to a broad buyer pool.
Value may be influenced by the absence of a confirmed floor level or aspect, as these affect light and noise. The unit might be faced toward a busier road, so outlook and window orientation could shape perceived liveability. A single parking space is provided but does not offer flexibility for multi-car households. The property’s growth potential may be derived more from suburban demand than unique features, so price formation should be centred on comparison with recent sales in the same building rather than broader market momentum.
Detailed Independent Property Report prepared by PropCred Analyst team for 28/275-281 Blaxland Road, Ryde NSW 2112
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
2
URL has been copied successfully!
Market Insight
Ryde sits in Sydney’s mid-to-upper price tier, with house medians ranging from $2.45 million to $2.72 million and units steady near $725,000. Demand is underpinned by proximity to transport, major roads and ongoing infrastructure upgrades, supported by robust sales activity—some sources record 315 house sales in the past year. House rents rose 10.5%, reflecting strong tenant demand, though gross yields remain thin at roughly 2.1–2.5%. Units offer a higher return near 5%, but prices are flat. House price growth varies from 2.1% to 3.52% on most data, with one source citing 9.2%. Median days on market for houses sit between 38 and 44, suggesting balanced conditions. Future growth relies on connectivity improvements and rental strength, while affordability at a $2.72 million median and uneven sales volumes across sources remain key constraints.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 34/275-281 Blaxland sold $735k; 33/275-281 sold $735k | Property Price Band: $700K-$800K | Value Drivers: modern build age, 77m² internal layout, single parking and location convenience
Bedrooms
2
Bathroom
1
Parking
1
Land
3356m²
URL has been copied successfully!