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Sales Activity
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Population
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 estimated population of Concord is around 14,910. This reflects an increase of 359 people since the 2021 Census, which reported a population of 14,551. The current estimate is inferred from AreaSearch's validation of new addresses and their examination of the latest ERP data release by ABS in June 2024, indicating a resident population of 14,900 plus an additional 17 validated new addresses since the Census date. This results in a density ratio of 2,946 persons per square kilometer, placing Concord in the upper quartile relative to national locations assessed by AreaSearch. Over the past decade, Concord has shown resilient growth patterns with a compound annual growth rate of 0.8%, outpacing its 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, released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch utilises NSW State Government's SA2 level projections released in 2022 with a base year of 2021. Growth rates by age group from these aggregations are applied to all areas for the years 2032 to 2041. Looking ahead, Concord is expected to experience population growth just below the median of national areas. Based on aggregated SA2-level projections, the suburb is anticipated to expand by 882 persons by 2041, reflecting a gain of 6.3% in total over the 17 years.
Frequently Asked Questions - Population
Development
Residential development activity is slightly higher than average within Concord when compared nationally
AreaSearch analysis of ABS building approval numbers indicates Concord averaged approximately 84 new dwelling approvals annually. Between FY-21 and FY-25, around 421 homes were approved, with an additional 3 in FY-26 so far. This averages to about 0.5 people moving to the area per dwelling built over these years.
New supply appears to meet or exceed demand, offering ample buyer choice and potential for population growth beyond current forecasts. The average construction cost value of new homes is around $740,000, suggesting developers target the premium market segment with higher-end properties. In FY-26, there have been approximately $61.9 million in commercial approvals, indicating robust local business investment. Compared to Greater Sydney, Concord records about 10.0% less building activity per person but ranks among the 63rd percentile of areas assessed nationally. New development consists of roughly 49.0% detached dwellings and 51.0% attached dwellings, reflecting a shift towards higher-density living that creates more affordable entry points for downsizers, investors, and first-home buyers.
Currently, Concord has around 229 people per dwelling approval, indicating characteristics of a low density area. By 2041, population forecasts estimate Concord will gain approximately 945 residents (based on the latest AreaSearch quarterly estimate). With current construction levels, housing supply should adequately meet demand, creating favourable conditions for buyers while potentially enabling growth that exceeds current forecasts.
Frequently Asked Questions - Development
Infrastructure
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 43 projects that could impact the area. Notable projects include Sydney Metro West - Trains, Systems and Depot, Sydney Metro West, Concord High School Major Upgrade, and Concord Hospital Redevelopment Stage 1. The following list details those most likely to be relevant.
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Frequently Asked Questions - Infrastructure
Sydney Metro West
Sydney Metro West is a new 24-kilometre underground driverless metro railway connecting Westmead (Greater Parramatta) to the Sydney CBD (Hunter Street). It will double rail capacity on this corridor with new stations at Westmead, Parramatta, Sydney Olympic Park, North Strathfield, Burwood North, Five Dock, The Bays, Pyrmont, and Hunter Street. Features include platform screen doors and high-frequency turn-up-and-go services. As of November 2025, tunnelling is approximately 90% complete, transforming public transport across Sydney by reducing travel times, supporting employment growth, enabling additional housing supply, and creating thousands of jobs during construction.
Concord Hospital Redevelopment Stage 1
The $341 million redevelopment delivered a new eight-storey clinical services building, the Rusty Priest Centre for Rehabilitation and Aged Care, featuring 214 beds including 111 new beds, a comprehensive cancer centre, aged health and rehabilitation services, Australia's first National Centre for Veterans' Healthcare, ambulatory care clinics, therapy areas, and specialised rehabilitation gyms.
Parramatta Road Urban Amenity Improvement Program
A $198 million NSW Government program (PRUAIP) delivering 32 urban amenity projects along the 20km Parramatta Road corridor in partnership with six inner-west councils. Includes new parks, plazas, streetscape upgrades, over 10,000 new trees, separated cycleways, wider footpaths, public art and improved pedestrian crossings. As of December 2025, approximately 60% of projects are complete or under construction, with the full program on track for completion by 2027-2028.
North Strathfield Metro Station
New underground metro station forming part of the Sydney Metro West project. Located adjacent to the existing North Strathfield railway station, it will provide interchange with Sydney Trains T9 Northern Line services and serve the Bakehouse Quarter and growing Homebush precinct. Features include a new station entrance on Queen Street, lift access to all platforms, platform screen doors and air-conditioned trains running every 4 minutes in peak periods.
Sydney Metro West - Burwood North Station
Underground metro station forming part of the 24 km Sydney Metro West line between Greater Parramatta and the Sydney CBD. Located at the corner of Burwood Road and Parramatta Road, the station will have two entrances (north and south of Parramatta Road). Station box excavation (29 m deep) was completed in March 2025. As of November 2025, tunnelling for the overall Sydney Metro West project is over 95% complete and station fit-out works are progressing at Burwood North. The station will feature fully accessible platforms, platform screen doors and air-conditioned trains operating every 4 minutes in peak. Opening scheduled for 2032.
Sydney Metro West - Trains, Systems and Depot
The Trains, Systems and Depot package for Sydney Metro West includes procurement and delivery of 16 new driverless metro trains, signalling, control systems, platform screen doors, depot facilities and maintenance. The Momentum Trains consortium (Pacific Partnerships, CIMIC Group, UGL Rail and DIF) was awarded the $1.8 billion contract in December 2024. Train manufacturing and systems integration is underway, with delivery and testing scheduled from 2028 ahead of revenue service commencing in 2032.
Burwood Culture House
A new cultural hub transforming the former car park in front of Burwood Library into a vibrant community facility featuring a 250-seat theatre, multipurpose studios and halls, community lounge, public plaza with water play, lawn area, garden terrace, cafe, public art, landscaping and improved public open space.
Public Transport Capacity: Parramatta Road and Victoria Road Corridors
NSW Government corridor-wide program to increase public transport capacity and reliability along Parramatta Road and Victoria Road. Transport for NSW is delivering interim and staged bus-priority upgrades (new/extended bus and transit lanes, intersection and signal priority, stop upgrades) while longer-term corridor visions progress. Works have commenced in multiple sections, including new westbound kerbside bus lanes through Melrose Park and Ermington on Victoria Road, with further peak-period bus priority works rolling out along Parramatta Road from Petersham to Burwood.
Employment
The employment environment in Concord shows above-average strength when compared nationally
Concord's workforce is highly educated with significant representation in professional services. The unemployment rate was 2.9% as of June 2025, lower than Greater Sydney's 4.2%.
Employment growth over the past year was estimated at 4.0%, based on AreaSearch aggregation of statistical area data. As of June 2025, 8,261 residents were employed with a participation rate similar to Greater Sydney's 60.0%. Key industries included health care & social assistance, professional & technical services, and education & training.
Transport, postal & warehousing had limited presence at 3.6% compared to the regional average of 5.3%. Employment opportunities locally appeared limited as indicated by Census data comparing working population to resident population. In the 12-month period ending June 2025, employment increased by 4.0% while labour force grew by 4.4%, raising the unemployment rate by 0.3 percentage points. This compared to Greater Sydney where employment grew by 2.6%, labour force expanded by 2.9%, and unemployment rose 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from Sep-22 projected national employment growth of 6.6% over five years and 13.7% over ten years, with varying rates across industry sectors. Applying these projections to Concord's employment mix suggested local employment should increase by 7.1% over five years and 14.3% over ten years.
Frequently Asked Questions - Employment
Income
The area exhibits notably strong income performance, ranking higher than 70% of areas assessed nationally through AreaSearch analysis
According to AreaSearch's aggregation of ATO data released for financial year 2022, Concord had a median income among taxpayers of $55,092. The average income level was $81,522. Nationally, these figures are extremely high, with national averages being $56,994 and $80,856 respectively for Greater Sydney. Based on Wage Price Index growth of 12.61% since financial year 2022, current estimates as of September 2025 would be approximately $62,039 (median) and $91,802 (average). According to the 2021 Census figures, household incomes rank exceptionally at the 88th percentile with a weekly income of $2,410. The data shows that 28.8% of Concord's population (4,294 individuals) fall within the $4000+ income range, differing from the surrounding region where the $1,500 - 2,999 category predominates at 30.9%. Economic strength is evident with 40.9% of households achieving high weekly earnings exceeding $3,000, supporting elevated consumer spending. Housing accounts for 14.7% of income. Strong earnings rank residents within the 88th percentile for disposable income. The area's SEIFA income ranking places it in the 9th decile.
Frequently Asked Questions - Income
Housing
Concord is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership
Dwelling structure in Concord, as evaluated at the latest Census, comprised 70.8% houses and 29.2% other dwellings. In comparison, Sydney metro had 37.8% houses and 62.2% other dwellings. Home ownership in Concord was 44.8%, with mortgaged dwellings at 31.4% and rented dwellings at 23.8%. The median monthly mortgage repayment in Concord was $3,033, higher than 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.
Frequently Asked Questions - Housing
Household Composition
Concord features high concentrations of family households, with a higher-than-average median household size
Family households account for 78.5% of all households, including 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%. The median household size is 2.8 people, which is larger than the Greater Sydney average of 2.5.
Frequently Asked Questions - Households
Local Schools & Education
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%. This presents both a challenge and an opportunity for targeted educational initiatives. Bachelor degrees are most common at 24.7%, followed by postgraduate qualifications (9.2%) and graduate diplomas (2.8%). Vocational credentials are also prevalent, with 28.5% of residents aged 15+ holding such qualifications – advanced diplomas (11.7%) and certificates (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. Concord's 4 schools have a combined enrollment of 2,056 students as of the latest data. The area demonstrates above-average socio-educational conditions with an ICSEA score of 1083. Education provision is balanced with 3 primary and 1 secondary school serving distinct age groups. School capacity exceeds typical residential needs, with 13.8 places per 100 residents compared to the regional average of 10.5, indicating that the area serves as an educational center for the broader region.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Transport analysis shows 85 active transport stops in Concord, served by a mix of buses. These stops are covered by 46 routes, offering 3,511 weekly passenger trips. Transport accessibility is rated excellent, with residents typically located 143 meters from the nearest stop.
Service frequency averages 501 trips per day across all routes, equating to approximately 41 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
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 across both younger and older age cohorts compared to Greater Sydney. The rate of private health cover in Concord is approximately 59% (8,813 people), which is higher than the 68.8% rate across Greater Sydney.
The most prevalent medical conditions are arthritis, impacting 7.3% of residents, and asthma, affecting 5.2%. A total of 73.8% of Concord residents declare themselves completely clear of medical ailments compared to 76.3% in Greater Sydney. Concord has a higher proportion of seniors aged 65 and over at 21.7% (3,235 people) compared to the 18.4% rate in Greater Sydney. Health outcomes among seniors in Concord are above average, broadly aligning with the general population's health profile.
Frequently Asked Questions - Health
Cultural Diversity
Concord is among the most culturally diverse areas in the country based on AreaSearch 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 predominant religion in Concord, comprising 68.6% of people, compared to 57.1% across Greater Sydney. The top three represented ancestry groups are Italian (17.4%), Australian (14.6%), and English (13.8%).
Notably, Lebanese representation is higher than average at 4.6%, while Greek stands at 4.3%. Korean representation is lower than regional averages at 1.5%.
Frequently Asked Questions - Diversity
Age
Concord hosts an older demographic, ranking in the top quartile nationwide
The median age in Concord is 43 years, which is higher than Greater Sydney's average of 37 years and exceeds the national average of 38 years. The age profile shows that those aged 55-64 make up 13.2% of the population, while those aged 25-34 constitute only 9.1%. Between 2021 and present, the 75 to 84 age group has increased from 6.3% to 7.8%, and the 15 to 24 cohort has risen from 12.4% to 13.8%. Conversely, the 5 to 14 age group has decreased from 12.8% to 11.7%. By 2041, demographic projections show significant shifts in Concord's age structure. The 85+ age cohort is projected to grow by 761 people (134%), from 566 to 1,328. Notably, the combined 65+ age groups will account for 87% of total population growth. Conversely, the 25 to 34 and 0 to 4 age cohorts are expected to experience population declines.