All Suburbs

Concord

NSW 2137LGA: City of Canada Bay

Investment Score

78

/100

AI Intelligence Summary

Concord NSW 2137 is an established inner-west suburb located 15km west of Sydney CBD, known for its multicultural community and strong healthcare precinct anchored by Concord Hospital. The suburb features a diverse demographic with significant Italian, Chinese, and Lebanese populations, creating a vibrant community atmosphere. Properties predominantly consist of detached houses with some unit developments, showing steady price growth due to excellent transport connectivity via Concord West station and major arterial roads. The area benefits from established infrastructure including quality schools, parks like Concord Oval and Queens Park, and proximity to Rhodes shopping precinct. With an aging population of long-term residents and strong community groups, Concord offers a stable residential environment. The suburb's investment appeal is enhanced by its strategic location, transport links, and the economic stability provided by the major hospital employer, making it attractive for both owner-occupiers and investors seeking steady capital growth.

Strengths

  • Strategic location 15km from Sydney CBD with excellent transport connectivity
  • Major employment hub with Concord Hospital as significant local employer
  • Strong multicultural community creating diverse dining and cultural offerings
  • Established residential character with quality housing stock and tree-lined streets

Opportunities

  • Potential for medium-density development near transport corridors
  • Growing healthcare and aged care sector providing employment stability
  • Cycling infrastructure improvements enhancing connectivity
  • Rhodes precinct development spillover benefits

Considerations

  • Aging population demographic may impact future community vibrancy
  • Traffic congestion on major arterial roads during peak hours
  • Limited nightlife and entertainment options within the suburb
  • Higher property prices due to inner-west location may limit affordability

Property Market

Median House

$1.75M

+5.2% 1yr

Median Unit

$850K

+4.8% 1yr

Median Townhouse

$1.35M

Rent (House)

$1,050/wk

Rent (Unit)

$780/wk

Days on Market

35

Vacancy Rate

1.8%

Auction Clearance

72.0%

Price Growth

Type1 Year3 Year5 Year
House+5.2%+18.5%+35.8%
Unit+4.8%+16.2%+32.5%

Rental Yields

House Yield

3.2%

Unit Yield

4.8%

Townhouse Yield

3.6%

Investment Scorecard

Overall Investment Score78/100
Growth Potential75/100
Cashflow Score72/100
Risk Score (lower = safer)75/100
Affordability Index55/100

Demand/Supply Ratio: 1.80

Demand exceeds supply — favourable for sellers

Tax & Financial Intelligence

CPA-grade analysis for Concord at median house price

Standard transfer
$78,640
First Home Buyer
$78,640
Foreign buyer surcharge
$140,000

+8% surcharge

Annual rent income
$54,600

$1050/wk

Interest (80% LVR @ 6.5%)
-$91,000
Other expenses (~2.5%)
-$43,750
Net rental position
-$80,150

Negatively geared

Tax benefit (39% MTR)
+$31,259

Reduces taxable income

After-tax holding cost
$48,892/yr

~$940/week

Based on 7.2% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR

5-Year Hold

Est. value
$2.47M
Capital gain
$635,482
After discount
$317,741
CGT payable
$123,919

10-Year Hold

Est. value
$3.49M
Capital gain
$1.66M
After discount
$828,475
CGT payable
$323,105

Investor Quick Summary

Entry cost (stamp duty)

$78,640

After-tax yield

1.95%

Weekly holding cost

$940/wk

10yr CGT (est.)

$323,105

Estimates based on FY2025 NSW rates at median house price. Assumes 80% LVR, 6.5% interest rate, 39% marginal tax rate ($135K-$190K bracket). Individual circumstances vary. This is general information only and not personal financial advice. Consult your CPA before making investment decisions. Local Knowledge Pty Ltd — Registered Tax Agent.

Demographics

Population

8,200

Median Age

42

Median Income

$89K

per annum

Family Households

62.0%

Professionals

48.0%

University Educated

42.0%

Unemployment

4.2%

Born Overseas

45.0%

Dwelling Mix

Houses: 72%Units: 25%Townhouses: 3%Total: 3,400

Lifestyle & Community

Walkability75/100
Public Transport8/10
Schools Rating8/10
Safety8/10
Family Friendly9/10
Cafes & Restaurants

25

Parks

8

Hospitals

2

Distance to CBD

15.0 km

Nearest Station: Concord West Station

Family-oriented lifestyle with excellent parks, quality schools, diverse dining options along Majors Bay Road, and easy access to Rhodes entertainment precinct for shopping and dining.

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Data sourced from multiple sources. Last updated 26 March 2026.

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