Suburb Profile Report for Concord NSW (2137)

Concord House: Median price $1,922,500, Annual capital growth 9.90%, Number of sales 138, Weekly median advertised rent $695

Concord Unit: Median price $795,000, Annual capital growth 5.66%, Number of sales 59, Weekly median advertised rent $520

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Concord, 2137 ranked 476th in NSW when comparing growth in median property values or capital gain over the last 12 months. Concord is one of 3163 in our list for NSW

Comparing Concord,2137 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Our latest figures would indicate that property sellers in Concord are currently offering property investors an average price cut of -9.03% below the asking price at the moment.

Residents and property investors in Concord have been waiting around 79.62 days to sell a property.

With the median price for a house in Concord being $1922500 and the advertised rent reaching $695 the gross rental yield for property investors calculates out to be 1.88%

Investment property in Concord has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -3.64%

While Concord,2137 ranked number 419th in NSW for increase in median house value (annualised) increase, it is ranked 331th over the last 5 years.

Sellers are offering property buyers an average discount of -5.65% to buyers in Concord at the moment, which is less than average for the rest of NSW.

Property investors should expect to get $520 weekly from the median priced house in this suburb.

HOUSE UNIT
$1,922,500 $795,000
2.81% -0.63%
9.15% -3.64%
9.90% 5.66%
$695 $520
138 59
1.88% 3.40%
79.62 61.76

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 14149
Median household income ($/weekly) 1734
Median age of persons 39
Median housing loan repayment ($/monthly) 2500
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 1837 13.0
    25-34 years 1648 11.6
    35-44 years 2134 15.1
    45-54 years 2080 14.7
    55-64 years 1595 11.3
    Others 4856 34.3
    Age Group
    Census Count Percent(%)
    Registered Married 5895 56.0
    Not Married 4107 39.0
    Defacto Relationship 526 5.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 9014 66.8
    Croatia 558 4.1
    Japan 964 7.1
    United Kingdom 307 2.3
    Other 615 4.6
    Others 2039 15.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 334 2.5
    Christianity 10459 78.9
    Hinduism 242 1.8
    Islam 164 1.2
    No Religion 1970 14.9
    Others 90 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 493 11.7
    $2,000-$2,499 396 9.4
    $2,500-$2,999 499 11.9
    $3,000-$3,499 371 8.8
    $4,000 or more 354 8.4
    Others 2089 49.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4389 40.1
    Not in the labour force 3814 34.9
    Employed, worked part-time 2044 18.7
    Employed, away from work 388 3.5
    Unemployed, looking for work 297 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 1086 15.9
    Professionals 1914 28.1
    Technicians & trades workers 745 10.9
    Clerical & administrative workers 1185 17.4
    Sales 686 10.1
    Others 1202 17.6
    Occupation
    Census Count Percent(%)
    Pre-school 265 7.8
    Infants/Primary 1209 35.4
    Secondary 941 27.6
    Technical or Further Educational Institution 228 6.7
    University or other Tertiary Institutions 696 20.4
    Others 75 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10507 79.0
    Flat, unit or apartment 1808 13.6
    Semi-detached, row or terrace house, townhouse 886 6.7
    House or flat attached to a shop, office 107 0.8
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 2027 43.8
    Being purchased 1513 32.7
    Rented 1062 23.0
    Other tenure type 24 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals