Suburb Profile Report for Concord West NSW (2138)

Concord West House: Median price $1,695,000, Annual capital growth 10.16%, Number of sales 68, Weekly median advertised rent $668

Concord West Unit: Median price $777,775, Annual capital growth 6.78%, Number of sales 25, Weekly median advertised rent $500

  • 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 West, 2138 have given investors a capital gain of 1.50%. This compares badly with the 7.93% for NSW as a whole.

While Concord West,2138 ranked number 834th in NSW for increase in median house value (annualised) increase, it is ranked 187th over the last 5 years.

Property investors looking for a bargain in Concord West should be aiming for at least -8.27% off the asking price, which is the average vendor discount being achieved at the moment.

Over the last year, property investments in Concord West, 2138 have given investors a capital gain of -8.50%. This compares very badly with the 6.92% for NSW as a whole.

Concord West,2138 has offered an average of -8.50% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in Concord West should be aiming for at least -5.22% off the asking price, which is the average vendor discount being achieved at the moment.

The NSW suburb of Concord West, 2138 is in the Canada Bay local government area.

HOUSE UNIT
$1,695,000 $777,775
0.00% -0.92%
1.50% -8.50%
10.16% 6.78%
$668 $500
68 25
2.05% 3.34%
84.18 90

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 5848
Median household income ($/weekly) 1750
Median age of persons 39
Median housing loan repayment ($/monthly) 2383
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 744 12.7
    25-34 years 660 11.3
    35-44 years 904 15.5
    45-54 years 885 15.1
    55-64 years 695 11.9
    Others 1961 33.5
    Age Group
    Census Count Percent(%)
    Registered Married 2438 56.1
    Not Married 1705 39.2
    Defacto Relationship 203 4.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 3712 67.3
    Croatia 205 3.7
    Japan 275 5.0
    United Kingdom 144 2.6
    Other 250 4.5
    Others 929 16.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 143 2.6
    Christianity 4250 78.4
    Hinduism 114 2.1
    Islam 86 1.6
    No Religion 791 14.6
    Others 36 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 149 8.7
    $1,500-$1,999 224 13.0
    $2,000-$2,499 170 9.9
    $2,500-$2,999 227 13.2
    $4,000 or more 143 8.3
    Others 809 47.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1812 40.5
    Not in the labour force 1549 34.6
    Employed, worked part-time 826 18.4
    Employed, away from work 176 3.9
    Unemployed, looking for work 114 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 373 13.3
    Professionals 829 29.5
    Technicians & trades workers 356 12.7
    Clerical & administrative workers 521 18.5
    Sales 242 8.6
    Others 492 17.5
    Occupation
    Census Count Percent(%)
    Pre-school 98 6.5
    Infants/Primary 476 31.7
    Secondary 403 26.9
    Technical or Further Educational Institution 124 8.3
    University or other Tertiary Institutions 365 24.3
    Others 34 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4789 87.3
    Semi-detached, row or terrace house, townhouse 359 6.5
    Flat, unit or apartment 324 5.9
    House or flat attached to a shop, office 13 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 838 45.0
    Being purchased 624 33.5
    Rented 390 20.9
    Other tenure type 12 0.6
    Tenure Type
Census 2011, ABS
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