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PUTNEY, NSW, 2112

Where is Putney located?

Putney is located on the northern banks of the Parramatta River in the Northern Suburbs of Sydney. It is just under 10km from Parramatta and just over 10km to Sydney CBD. Transport to either destination is easy via frequent buses along Victoria Road, or West Ryde train station and Kissing Point Ferry Wharf provide alternative options. There is also a direct bus service to Macquarie Park Business Centre and Macquarie University.

What housing types are predominant?

Putney was one of the first British settlements in Australia, with James Squire establishing a brewery in 1792. A hand driven ferry service to Mortlake Point was established in 1896 and was upgraded to a cable ferry in 1925 (known as the Mortlake Ferry or the ‘Putney Punt’). The punt still operates today (capable of carrying 18 cars) and is the only remaining punt in the Sydney Metropolitan Area. Ryde Bridge was later opened in 1935 which eased demand for the overloaded ferry.

Commercial development continued in the area following the construction of a military ship building yard during WWII. Residential development intensified post WWII, however now many of the original three-bedroom cottages are being replaced with larger dual level family homes with modern floor plans and the possibility of capturing stunning Parramatta River views. Putney has very few attached dwellings, however the new Frasers development (“Putney Hill”) near the Royal Rehab Private Hospital promises to provide some supply of varied housing types. There are also plenty of options along Concord and Victoria Roads in the neighbouring suburb of Ryde.

What attracts home buyers & investors to Putney?

Putney’s waterfront location, plentiful green space, tree lined streets, large blocks of land (circa 700sqm) and proximity to major shopping areas, reputable schools and excellent transport to job nodes provide plenty of reasons why the suburb remains in demand by families despite the slowdown in the wider Sydney market. An extraordinary low proportion (14%) of dwellings are rented in the Putney (due in large part to the lack of apartments), which is excellent for landlords as there is minimal competition when it comes time to lease.

Restaurants, shops & entertainment?

Top Ryde City Shopping Centre is the closest major shopping centre and has close to 300 stores including major supermarkets and department stores. The local shopping village on Morrison Rd has everything you need on a daily basis though including an IGA supermarket, a Pizzeria, Thai and Syrian/Lebanese restaurants, some further casual restaurant/takeaway stores and a several popular cafés. Local residents love the peaceful feel of the local shopping strip and visit the local shops whenever possible instead of travelling further afield for larger shops.

Sports & fitness?

Water-sports have been a long-held pastime of Putney residents with the first rowing regatta being held in 1847 and the establishment of the Concord and Ryde Sailing Club in 1945 (currently located at Kissing Point Park). The park has other facilities including a BBQ, toilets, a picnic area, play equipment and outdoor fitness equipment. A bike path also runs along the waterfront and extends all the way to Parramatta and also connects to other parks to the east including Putney Park and Morrison Bay Park. The latter has a sports field regularly used by local clubs as well as BBQ and toilet facilities. Putney Tennyson Bowling and Community Clubs adjoins the park and has a licenced bistro and Parramatta River views.

Schools & education?

Putney Public School and Ryde Secondary College are the local government schools, however there are plenty of other excellent options including the historic Holy Cross College (founded in 1891) in Ryde and the well regarded Riverside Girls High School in Gladesville.

What can my money buy in Putney?

The median house price in Putney is a strong $2.5 million, however house prices range for approximately $1.8m for an entry level three-bedroom cottage on 700sqm to more than $3 million for a modern five-bedroom home on between 450sqm and 700sqm.

Due to the lack of apartment sales, the median unit price is not reliable however for under $1 million you can comfortably buy a modern two-bedroom unit in surrounding Ryde or under $1.4 million for a three-bedroom villa in neighbouring Tennyson Point.

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