Suburb Profile Report for Concord NSW (2137)

Concord House: Median price $2,100,000, Annual capital growth 10.61%, Number of sales 131, Weekly median advertised rent $700

Concord Unit: Median price $965,000, Annual capital growth 8.88%, Number of sales 68, Weekly median advertised rent $530

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Concord, 2137 have given investors a capital gain of 15.00%. This compares favourably with the 9.05% for NSW as a whole.

When looking at the potential capital gains offered to property investors over the last 3 years, Concord comes in at number 79th in NSW.

Property investors looking for a bargain in Concord should be aiming for at least -5.79% off the asking price, which is the average vendor discount being achieved at the moment.

Advertised rents are around the $700 mark per week – giving a return of 1.73% based on the median price in Suburb

Concord, 2137 ranked 45th 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

If we look at median property appreciation over just the last three months, Concord has given property investors a paper return of 13.26%. This puts Suburb as 24 on a list of fastest fasting appreciating suburbs in NSW

Concord2137 is located in NSW which offers an average discount of -4.26% to property investors. Concord itself is showing figures that indicate -5.20% is the average achievable by property buyers investing in the suburb.

Residents and property investors in Concord have been waiting around 44.46 days to sell a property.

Concord, 2137’s gross rental yield is 2.86%

Metrics i HOUSE UNIT
$2,100,000 $965,000
7.14% 13.26%
15.00% 22.70%
10.61% 8.88%
$700 $530
131 68
1.73% 2.86%
89.32 44.46

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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
Chart Table
Recent sales & rentals