All Suburbs

Five Dock

NSW 2046LGA: City of Canada Bay

Investment Score

78

/100

AI Intelligence Summary

Five Dock is a highly sought-after inner-west suburb located 12km from Sydney CBD, renowned for its strong Italian heritage and vibrant multicultural community. The suburb offers an excellent lifestyle balance with waterfront recreation along Iron Cove, established shopping precincts on Great North Road, and strong transport connectivity to both Sydney CBD and Parramatta. The property market features a diverse housing mix from heritage homes to modern apartments, with waterfront properties commanding premium prices. Five Dock attracts young professionals and families seeking proximity to employment hubs while maintaining a strong community atmosphere. The area benefits from quality educational facilities, well-developed infrastructure, and ongoing transport improvements including future Sydney Metro West connectivity. With its combination of lifestyle amenities, transport accessibility, and established community character, Five Dock represents a premium inner-west location with sustained demand and growth potential.

Strengths

  • Prime inner-west location with excellent CBD and Parramatta connectivity
  • Waterfront recreation and scenic Iron Cove foreshore access
  • Strong multicultural community with established Italian heritage
  • Diverse housing stock from heritage homes to modern apartments

Opportunities

  • Sydney Metro West development will boost property values and accessibility
  • WestConnex improvements enhancing regional connectivity
  • Continued urban renewal and apartment development potential
  • Growing demand from professionals working in Parramatta CBD

Considerations

  • High property prices limiting affordability for first-time buyers
  • Traffic congestion during peak periods on major arterials
  • Limited parking availability in high-density areas
  • Competition for quality properties due to strong demand

Property Market

Median House

$1.65M

+8.2% 1yr

Median Unit

$975K

+6.8% 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+8.2%+22.5%+45.3%
Unit+6.8%+18.7%+38.2%

Rental Yields

House Yield

3.2%

Unit Yield

4.1%

Townhouse Yield

3.5%

Investment Scorecard

Overall Investment Score78/100
Growth Potential82/100
Cashflow Score72/100
Risk Score (lower = safer)72/100
Affordability Index45/100

Demand/Supply Ratio: 1.80

Demand exceeds supply — favourable for sellers

Tax & Financial Intelligence

CPA-grade analysis for Five Dock at median house price

Standard transfer
$73,140
First Home Buyer
$73,140
Foreign buyer surcharge
$132,000

+8% surcharge

Annual rent income
$54,600

$1050/wk

Interest (80% LVR @ 6.5%)
-$85,800
Other expenses (~2.5%)
-$41,250
Net rental position
-$72,450

Negatively geared

Tax benefit (39% MTR)
+$28,256

Reduces taxable income

After-tax holding cost
$44,195/yr

~$850/week

Based on 9.1% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR

5-Year Hold

Est. value
$2.55M
Capital gain
$814,335
After discount
$407,167
CGT payable
$158,795

10-Year Hold

Est. value
$3.93M
Capital gain
$2.20M
After discount
$1.10M
CGT payable
$428,281

Investor Quick Summary

Entry cost (stamp duty)

$73,140

After-tax yield

1.95%

Weekly holding cost

$850/wk

10yr CGT (est.)

$428,281

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

9,500

Median Age

37

Median Income

$95K

per annum

Family Households

58.0%

Professionals

48.0%

University Educated

52.0%

Unemployment

4.2%

Born Overseas

45.0%

Dwelling Mix

Houses: 45%Units: 48%Townhouses: 7%Total: 4,200

Lifestyle & Community

Walkability78/100
Public Transport7/10
Schools Rating8/10
Safety8/10
Family Friendly9/10
Cafes & Restaurants

35

Parks

8

Hospitals

2

Distance to CBD

12.0 km

Nearest Station: Concord West Station

Waterfront recreation, diverse dining scene, community markets, cultural events, and easy access to both urban conveniences and natural spaces along Iron Cove foreshore.

Interested in Five Dock?

Get a personalised buyer brief with AI-powered property intelligence for this suburb.

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

Browse all suburbsContact DING