Concord

Concord is positioned among the lower quartile of areas assessed nationally for population growth based on AreaSearch's assessment of recent, and medium term trends

As of Nov 2025, the population of the Concord statistical area (Lv2) is estimated at around 14,916 people. This reflects an increase of 365 individuals since the 2021 Census, which reported a population of 14,551 people. The change was inferred from AreaSearch's estimation of the resident population as 14,902 following examination of ABS' latest ERP data release in June 2024 and an additional 17 validated new addresses since the Census date. This level of population equates to a density ratio of 2,947 persons per square kilometer, placing Concord (SA2) in the upper quartile relative to national locations assessed by AreaSearch. Over the past decade, Concord has demonstrated resilient growth patterns with a compound annual growth rate of 0.8%, outpacing the SA3 area. Population growth was primarily driven by overseas migration, contributing approximately 83.0% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area as released in 2024 with 2022 as the base year, and utilising NSW State Government's SA2 level projections for areas not covered by this data, released in 2022 with 2021 as the base year. Growth rates by age group from these aggregations are applied to all areas for years 2032 to 2041. Anticipating future population dynamics, a population increase just below the median of national areas is expected, with Concord (SA2) expected to expand by 884 persons to 2041 based on aggregated SA2-level projections, reflecting a gain of 6.3% in total over the 17 years.

Residential development activity is slightly higher than average within Concord when compared nationally

AreaSearch analysis of ABS building approval numbers allocated from statistical area data indicates Concord has averaged approximately 83 new dwelling approvals annually. Over the past five financial years, between FY21 and FY25, around 416 homes were approved, with an additional 10 approvals in FY26 as of current figures. On average, 0.5 people moved to Concord per dwelling built over these five financial years, suggesting new supply has kept pace with or exceeded demand, providing ample buyer choice and potential for population growth beyond current forecasts.

The average construction cost value of new homes is approximately $740,000, indicating developers target the premium market segment with higher-end properties. In FY26, Concord has seen commercial approvals valued at $61.9 million, suggesting robust local business investment. Compared to Greater Sydney, Concord records 11.0% less building activity per person while ranking among the 64th percentile of areas assessed nationally. New development consists of 48.0% detached dwellings and 52.0% attached dwellings, reflecting a focus on higher-density living that creates more affordable entry points for downsizers, investors, and first-home buyers. This shift contrasts with the current housing mix of 71.0% houses, indicating reduced availability of development sites and addressing changing lifestyle demands and affordability requirements.

With around 222 people per dwelling approval, Concord exhibits characteristics of a low-density area. According to AreaSearch's latest quarterly estimate, Concord is projected to gain approximately 941 residents by 2041. Given current construction levels, housing supply should adequately meet demand, creating favorable conditions for buyers while potentially enabling population growth that exceeds current forecasts.

Concord has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified a total of 44 projects expected to impact the region. Notable initiatives include Sydney Metro West - Trains, Systems, Maintenance and Operations, Sydney Metro West, Concord High School Major Upgrade, and Concord Hospital Redevelopment Stage 1, with the following list providing more details on those most relevant.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

The employment environment in Concord shows above-average strength when compared nationally

Concord has an educated workforce with strong professional services representation and a low unemployment rate of 3.0%, as per AreaSearch's statistical area data aggregation. As of September 2025, 7,968 residents are employed, with an unemployment rate at 1.1% below Greater Sydney's rate of 4.2%.

Workforce participation is similar to Greater Sydney's 60.0%. Key employment sectors include health care & social assistance, professional & technical, and education & training, while transport, postal & warehousing shows lower representation at 3.6% compared to the regional average of 5.3%. The area offers limited local employment opportunities, indicated by Census data comparing working population to resident population.

In the year to September 2025, labour force increased by 0.2%, but employment declined by 0.5%, raising unemployment rate by 0.7 percentage points. Meanwhile, Greater Sydney saw employment growth of 2.1% and labour force growth of 2.4%, with a smaller unemployment rate rise of 0.2 percentage points. State-level data to 25-Nov-25 shows NSW employment contracted by 0.03%, losing 2,260 jobs, while the state unemployment rate was 3.9%. Nationally, unemployment stood at 4.3%. Jobs and Skills Australia's national employment forecasts from May-25 project total employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Concord's employment mix suggests local employment should increase by 7.1% over five years and 14.3% over ten years, though these are simple extrapolations for illustrative purposes only.

Income analysis reveals strong economic positioning, with the area outperforming 60% of locations assessed nationally by AreaSearch

Concord suburb has a median taxpayer income of $55,092 and an average of $81,522 according to latest postcode level ATO data aggregated by AreaSearch for financial year 2023. Nationally, this is high compared to Greater Sydney's median income of $60,817 and average income of $83,003. By September 2025, estimates suggest median income will be approximately $59,973 and average income $88,745, based on Wage Price Index growth of 8.86% since financial year 2023. Census data shows household incomes rank at the 88th percentile with weekly earnings of $2,410. Income distribution in Concord differs from broader areas; 28.8% of residents earn over $4,000 weekly compared to 30.9% earning between $1,500 and $2,999 elsewhere. Notably, 40.9% of Concord residents exceed $3,000 weekly earnings. Housing expenses consume 14.7% of income. Residents rank at the 88th percentile for disposable income. The area's SEIFA income ranking places it in the 9th decile.

Concord is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

Concord's dwelling structures, as per the latest Census data, consisted of 70.8% houses and 29.2% other dwellings (semi-detached, apartments, 'other' dwellings). In contrast, Sydney metro had 37.8% houses and 62.2% other dwellings. Home ownership in Concord stood at 44.8%, with mortgaged dwellings at 31.4% and rented ones at 23.8%. The median monthly mortgage repayment was $3,033, above Sydney metro's average of $3,000. The median weekly rent figure in Concord was $570, compared to Sydney metro's $560. Nationally, Concord's mortgage repayments were significantly higher than the Australian average of $1,863, while rents were substantially above the national figure of $375.

Concord features high concentrations of family households, with a higher-than-average median household size

Family households account for 78.5% of all households, consisting of 42.8% couples with children, 24.1% couples without children, and 10.4% single parent families. Non-family households make up the remaining 21.5%, with lone person households at 18.9% and group households comprising 2.5% of the total. The median household size is 2.8 people, which is larger than the Greater Sydney average of 2.5 people.

Concord shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

The area's university qualification rate is 36.7%, significantly lower than the SA4 region average of 49.5%. Bachelor degrees are most common at 24.7%, followed by postgraduate qualifications (9.2%) and graduate diplomas (2.8%). Vocational credentials are held by 28.5% of residents aged 15 and above, with advanced diplomas at 11.7% and certificates at 16.8%. Educational participation is high, with 29.5% of residents currently enrolled in formal education.

This includes 9.1% in primary education, 9.1% in secondary education, and 6.3% pursuing tertiary education.

Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Concord has 112 active public transport stops operating within its boundaries. These stops serve a mix of bus routes, totaling 46 individual routes. Together, these routes facilitate 3,762 weekly passenger trips.

The accessibility of public transport in Concord is rated excellent, with residents on average located 142 meters from the nearest transport stop. On average, there are 537 trips per day across all routes, which translates to approximately 33 weekly trips per individual stop.

The level of general health in Concord is notably higher than the national average with prevalence of common health conditions quite low across both younger and older age cohorts

Concord demonstrates a lower prevalence of common health conditions compared to Greater Sydney. The area has approximately 59% of its total population (8,816 people) with private health cover, which is higher than the 69.2% across Greater Sydney.

The most prevalent medical conditions in Concord are arthritis and asthma, affecting 7.3 and 5.2% of residents respectively. A majority of residents, 73.8%, report being completely clear of medical ailments, compared to 76.3% across Greater Sydney. Concord has a higher proportion of seniors aged 65 and over at 21.7% (3,236 people) compared to the 18.4% in Greater Sydney. The health outcomes among seniors in Concord are above average and generally align with the overall population's health profile.

Concord was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics

Concord has a high level of cultural diversity, with 34.3% of its population born overseas and 38.3% speaking a language other than English at home. Christianity is the main religion in Concord, making up 68.6%, compared to 57.1% across Greater Sydney. The top three ancestry groups in Concord are Italian (17.4%), Australian (14.6%), and English (13.8%).

Notably, Lebanese representation is higher at 4.6% compared to the regional average of 2.2%, Greek at 4.3% versus 3.1%, and Korean at 1.5% against a regional average of 2.7%.

Concord hosts a notably older demographic compared to the national average

The median age in Concord is 43 years, significantly higher than Greater Sydney's average of 37 years and exceeding the national average of 38 years. The age profile shows that those aged 55-64 years make up 13.2% of the population, while those aged 25-34 years constitute only 9.1%. Between 2021 and present, the proportion of those aged 75-84 years has increased from 6.3% to 7.8%, and the 15-24 age group has risen from 12.4% to 13.8%. Conversely, the 5-14 age group has decreased from 12.8% to 11.7%. By 2041, demographic projections indicate that the 85+ age cohort will grow exceptionally, increasing by 761 people (134%) from 566 to 1,328. Notably, the combined 65+ age groups are expected to account for 87% of total population growth, reflecting Concord's aging demographic profile. Conversely, the 25-34 and 0-4 age cohorts are projected to experience population declines.