5/2 Porter Street, Ryde, NSW 2112 | Apartment for sale | OnTheHouse
 
FOR SALE
$400,000 - $440,000

5/2 Porter Street
Ryde NSW 2112

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 70m2
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Unbeatable Value: Prime Ground Floor Living

Positioned at an unbeatable price guide, this refreshed ground-floor apartment presents a lucrative opportunity for astute investors and renters ready to step onto the property ladder. Why pay over $31K a year in dead rent when you can build equity in your own home with $0 stamp duty, or secure a high-yielding turn-key asset producing upwards of 7% gross return? Equal parts high-performing portfolio addition and affordable Sydney rent-buster, this move-in-ready sanctuary features updated interiors, a private patio, and immediate lifestyle convenience in a central Ryde precinct.
- Unbeatable entry point offering rare affordability in the Ryde market
- High-yield investment asset with projected rental returns of $600 – $620 per week
- Break the rent cycle and convert monthly living expenses into long-term personal equity
- $0 NSW Stamp Duty exemption available for eligible first home buyers
- Desirable ground-floor position featuring a private outdoor patio space
- Move-in or tenant-ready with brand-new flooring and fresh paint throughout
- Practical floor plan with open-plan living, full bathtub, and internal laundry
- Single secure car space located on the basement level with intercom access
- Low-maintenance layout driving consistent tenant demand and low vacancy risk
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Property Details for 5/2 Porter St, Ryde

5/2 Porter St, Ryde is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 70m2. The place is currently for sale with McGrath Epping.

Building Type
Apartment
Land Size
70m2
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About Ryde 2112

The size of Ryde is approximately 7.1 square kilometres. There are 45 parks, covering nearly 11.7% of the total area. The population of Ryde in 2016 was 26499 people. By 2021 the population was 31907 showing a population growth of 20.4% in the area during that time. The predominant age group in Ryde is 30-39 years. Households in Ryde are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ryde work in a professional occupation.In 2021, 52.00% of the homes in Ryde were owner-occupied compared with 55.60% in 2016.

Ryde has 16,046 properties. Over the last 5 years, Houses in Ryde have seen a 10.45% increase in median value, while Units have seen a 0.51% increase. As at 31 August 2026:

  • The median value for Houses in Ryde is $2,320,458 while the median value for Units is $753,638.
  • Houses have a median rent of $1,100 while Units have a median rent of $700.
There are currently 91 properties listed for sale, and 67 properties listed for rent in Ryde on OnTheHouse. According to Cotality's data, 742 properties were sold in the past 12 months in Ryde.

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Jackson Wong
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Teena Vaughan
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McGrath Epping
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