Concord West NSW 2138: Property Market Report & Real Estate Insights

Part of Canada Bay, NSW

Concord West Real Estate Market Outlook

Thinking about buying in Concord West? Now could not be a better time, with 2718 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,954,000 with prices in this suburb ranging from $62,000 to $147,051,000. The approximate distance to the coast is 10 Km.

Living in Concord West

Consistent high demand relative to supply is a key feature in Concord West driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Concord West due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Concord West 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 West 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 West, located in the City of Canada Bay, New South Wales, presents a vibrant and evolving housing market. This suburban enclave, characterized by its leafy streets and close-knit community vibe, has garnered significant attention in recent years. The housing market here primarily features a mix of traditional family homes, contemporary townhouses, and modern apartments, reflecting diverse architectural styles that cater to various preferences and lifestyle needs. Properties in Concord West tend to command premium prices, a reflection of the suburb's desirability and the general upward trend in Sydney's property market. The suburb's proximity to the central business district, ample amenities, and robust public transportation options, including the Concord West railway station, enhance its real estate appeal, making it an attractive location for both investors and families seeking convenience and a high quality of life.

Living in Concord West offers a harmonious blend of suburban tranquility and urban convenience. The suburb is noted for its lush parks and recreational facilities, such as Bicentennial Park and the expansive Sydney Olympic Park, providing residents with ample opportunities for outdoor activities and community events. The local schools are well-regarded, making it a favored location for families with children. Additionally, the nearby Rhodes Waterside shopping center and various local eateries offer a diverse array of shopping and dining options, ensuring that residents have access to essential services and leisure activities. Concord West's community is known for its friendliness and inclusivity, fostering a welcoming environment for newcomers. With its strategic location, strong community spirit, and access to amenities, Concord West is considered a highly desirable place to live within the greater Sydney area.

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