True Cost of Buying in Concord

2137 NSW · 15km to CBD

Rising

Market Intelligence

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.

Strategic location 15km from Sydney CBD with excellent transport connectivityMajor employment hub with Concord Hospital as significant local employerStrong multicultural community creating diverse dining and cultural offeringsEstablished residential character with quality housing stock and tree-lined streetsProximity to Rhodes shopping and entertainment precinct

Market Snapshot

Median House

$1.8M

+5.2% 1yr

Median Apartment

$850K

+4.8% 1yr

Median Townhouse

$1.4M

Vacancy Rate

1.8%

35 avg DOM

Yield (Apartment)

4.8%

Yield (House)

3.2%

Auction Clearance

72%

Population

8,200

True Cost Breakdown

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

Apartment

$5,340/mo

Purchase Price

$850,000

Stamp Duty

$32,780

1st Year Total

$64,076

House

$10,003/mo

Purchase Price

$1,750,000

Stamp Duty

$78,660

1st Year Total

$120,038

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

$89,000

Median Age

42

Family Households

62%

Owner-Occupied

68%

Walkability

75/100

Public Transport

8/10

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