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Concord, NSW 2137

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Walkable

Median House

$3,250,000

market range $3.1M-$3.7M

Median Unit

$1,600,000

market range $1.1M-$1.6M

Gross Yield (houses)

1.8%

1yr Growth (houses)

-0.9%

market range -7.5% to +15.0%

Investment snapshot for Concord

Concord has enough public data for first-pass screening across yield, vacancy, price and supply signals.

Read the full Concord verdict

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Investment score breakdown

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Concord market and investor summary

In Concord, NSW 2137, the median house sells for around $3.3M, on a gross rental yield of 1.8% for houses. House prices have moved -0.9% over the past year. At 2.2% vacancy, it is a broadly balanced rental market.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 1.8% will not cover holding costs in the early years, so the case leans on price appreciation.

Living in Concord: people, income and schools

Concord is home to around 14,551 people, a number that has held fairly steady over five years. At a median age of 43, it reads as skewed a little older, and 75% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

The typical household income runs to around $125,000 a year (about $2,410 a week). On socio-economic measures it ranks among the most advantaged in the country (10 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 25.9 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 31% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.

Families have 86 schools within roughly 5km to choose from, testing a little above the national school average on ICSEA. Concord sits about 9.6 km from the CBD. Most day-to-day errands are doable on foot; the suburb scores 71 for walkability and 27 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Curb.

Population
14,551
+2% over 5yr
Median age
43 years
Median household income
$125,000/yr
Households renting
23%
Family households
79%
Socio-economic rank
10/10
ABS advantage index
Schools within 5km
86
avg ICSEA 1070
Unemployment
2.7%
Distance to CBD
9.6 km
Walk score
71/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Concord

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Frequently asked questions about Concord

What should I check before investing in Concord?

Concord has enough public data for first-pass screening across yield, vacancy, price and supply signals. Walkability score of 71 broadens the tenant pool beyond car-dependent renters. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Concord?

The median property price in Concord, NSW 2137 is $3.3M for houses and $1.6M for units.

What rental yield does Concord show?

The gross rental yield in Concord is 1.8% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Concord?

House prices in Concord are down 0.9% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Concord?

The current vacancy rate in Concord is 2.2%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.

How many people live in Concord?

Concord has a population of approximately 14,551 residents, with a median age of 43.

What schools are near Concord?

There are 86 schools within roughly 5km of Concord. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Concord affordable to buy in?

A median house in Concord costs about 25.9 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Concord's population growing?

The population of Concord has grown modestly, about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Concord from the CBD?

Concord is about 9.6 km from the CBD.

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