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Back 5/2 Porter St
Off Market

5/2 Porter St

Ryde NSW 2112

1
1
1
70 m²
Apartment
Jackson WongJackson Wong, last sold this property on 21 January 2025 after 172 days on market.

Overview

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 - Prime location within walking distance to local shops, transport, and parks For further information or to arrange a private inspection (available 7 days), please contact Jackson at 0431 011 823.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
70 m² lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Ryde over the last 12 months, the estimated median property value of 5/2 Porter St is $590k.

Median value
$590k
Estimated value range
$379k - $4.91m
Median days on market
38
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Ryde. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5/2 Porter St

2025
Sold
Undisclosed
Private Sale/Treaty on 21 Jan 2025 by Jackson Wong, of McGrath Epping
2022
Rented
Undisclosed
Leased on 11 Jul 2022 by A&E Real Estate
2021
Rented
Undisclosed
Leased on 27 Dec 2021 by A&E Real Estate

Happy sellers in Ryde

80%
80% of sellers in Ryde reported that their sale price either exceeded or met their price expectations.

Ryde stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 181 reviews in Ryde over the last 12 months.

Local market activity for 1 bedroom apartments in Ryde

In the last 12 months, 150 one-bedroom apartments similar to 5/2 Porter St, have been sold.

This represents a 17% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Ryde

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Robert Bagala

Sellers who recommend Robert Bagala have praised them for being clear communication, local expert, honest, reliable, responsive, supportive and friendly

  •   5   (452 reviews)
  •  45 Reviews in Ryde
  •  30 Sales in Ryde
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Lijian (Daniel) Ou Yang

Sellers who recommend Lijian (Daniel) Ou Yang have praised them for being clear communication, local expert, responsive, reliable, well-prepared, proactive and supportive

  •   5   (174 reviews)
  •  36 Reviews in Ryde
  •  55 Sales in Ryde
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Jackson Wong

Sellers who recommend Jackson Wong have praised them for being clear communication, local expert, well-prepared, responsive, great negotiation, pleasant and friendly

  •   5   (135 reviews)
  •  26 Reviews in Ryde
  •  14 Sales in Ryde
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Andy Lin

Sellers who recommend Andy Lin have praised them for being local expert, clear communication, reliable, hard-working, dedicated, supportive and responsive

  •   5   (1230 reviews)
  •  12 Reviews in Ryde
  •  3 Sales in Ryde
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