All About Concord, Canada Bay , NSW 2137

Concord Real Estate Market Outlook

Thinking about buying in Concord? Now could not be a better time, with 6747 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,745,000 with prices in this suburb ranging from $108,000 to $13,253,000. Concord is located fairly close to the coast at just 8Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Consistent high demand relative to supply is a key feature in Concord driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Concord are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Concord classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Concord necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

Concord, nestled within the City of Canada Bay in New South Wales, is a vibrant suburb that attracts a diverse range of homebuyers. The housing market in Concord is often characterized by its stability and appeal, which is evident through its consistent demand. The suburb offers an array of property types, from charming heritage homes to modern apartments and townhouses, catering to varied preferences and budgets. In recent years, the area has witnessed a steady appreciation in property values, reflecting its desirability and the broader trends in Sydney's real estate market. With its proximity to the Sydney CBD, just about 12 kilometers away, Concord strikes a balance between urban convenience and suburban tranquility, making it a lucrative option for families, young professionals, and retirees alike.

Living in Concord is appealing due to its excellent infrastructure and community-oriented amenities. The suburb is dotted with lush parks, including the popular Queen Elizabeth Park and Henley Park, offering residents ample opportunities for outdoor activities. Concord also boasts a variety of cafes, restaurants, and shops, particularly along its bustling Majors Bay Road, which enhances the locale’s vibrant community atmosphere. The suburb is serviced by several primary and secondary schools, in addition to being near tertiary education institutions, making it ideal for families with children. Furthermore, Concord's well-connected public transport options ensure that residents have convenient access to other parts of Sydney. With its blend of natural beauty, robust community resources, and convenient location, Concord provides a high quality of life for its residents.

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