True Cost of Buying in Concord West

2138 NSW · 15km to CBD

Rising

Market Intelligence

Concord West is a well-positioned Inner West suburb located 15km west of Sydney CBD, offering excellent connectivity via the T1 Western Line and proximity to major employment hubs. The suburb features a diverse multicultural community with significant Italian, Chinese, and Lebanese populations, creating a vibrant cultural atmosphere. Housing consists of a mix of apartments, townhouses, and some detached homes, with new developments increasing supply and density. The area benefits from strong infrastructure including Concord Hospital, quality schools, and extensive recreational facilities like Bicentennial Park. Property values have shown steady growth driven by transport accessibility and rental demand from young professionals and families. The suburb's strategic location between Sydney CBD and Parramatta, combined with ongoing urban renewal and potential future light rail connections, positions it well for continued growth. Community amenities include local shopping strips, childcare facilities, and easy access to the broader Inner West dining and cultural scene, making it attractive to both owner-occupiers and investors seeking capital growth and rental yields.

Excellent public transport connectivity via T1 Western Line to Sydney CBD and ParramattaDiverse multicultural community creating vibrant cultural atmosphereProximity to major healthcare facility (Concord Hospital)Strong rental demand from young professionals and familiesAccess to quality recreational facilities including Bicentennial Park and Bay Run

Market Snapshot

Median House

$1.6M

+4.2% 1yr

Median Apartment

$920K

+3.8% 1yr

Median Townhouse

$1.4M

Vacancy Rate

1.8%

28 avg DOM

Yield (Apartment)

4.1%

Yield (House)

3.2%

Auction Clearance

72%

Population

6,800

True Cost Breakdown

Based on median prices · 20% deposit · 6.5% interest · 30-year term · Owner-occupier

Apartment

$5,694/mo

Purchase Price

$920,000

Stamp Duty

$35,930

1st Year Total

$68,324

House

$9,456/mo

Purchase Price

$1,650,000

Stamp Duty

$73,160

1st Year Total

$113,466

Townhouse

$7,668/mo

Purchase Price

$1,350,000

Stamp Duty

$56,660

1st Year Total

$92,012

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Community Profile

Median Income

$85,000

Median Age

38

Family Households

58%

Owner-Occupied

52%

Walkability

75/100

Public Transport

9/10

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