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 May 2026, the estimated population of Concord is around 15,472. This figure reflects an increase of 921 people since the 2021 Census, which reported a population of 14,551. The current resident population estimate by AreaSearch is 15,457, validated with 34 new addresses since the Census date and latest ERP data release by the ABS in June 2025. This results in a population density ratio of 3,057 persons per square kilometer, placing Concord in the upper quartile compared to other national locations assessed by AreaSearch. The suburb's growth rate of 6.3% since the 2021 Census exceeded its SA3 area's growth rate of 5.5%, indicating it as a regional growth leader. Overseas migration contributed approximately 83.0% of Concord's overall population gains during recent periods.

AreaSearch uses 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 employs NSW State Government's SA2 level projections released in 2022 using the 2021 Census as its base year. These projections anticipate future population dynamics for Concord to increase just below the median national growth rate by 2041, with an expected expansion of 741 persons reflecting a total gain of 4.7% over the 16-year period.

AreaSearch analysis of residential development drivers sees Concord recording a relatively average level of approval activity when compared to local markets analysed countrywide

AreaSearch analysis of ABS building approval numbers shows Concord averaged around 84 new dwelling approvals annually. Between FY21 and FY25, approximately 420 homes were approved, with another 53 in FY26 so far. Population decline suggests supply has kept pace with demand, offering buyers good choice.

Average construction value is $740,000, indicating developers target premium market segment. Commercial approvals this year totalled $61.9 million, suggesting robust local business investment. Compared to Greater Sydney, Concord records 11.0% less building activity per person, placing it among the 65th percentile nationally. New development consists of 48.0% detached dwellings and 52.0% attached dwellings, promoting affordable entry points for downsizers, investors, and first-home buyers. This shift reflects reduced development site availability and evolving lifestyle demands.

With around 217 people per dwelling approval, Concord shows a developing market. Population forecasts indicate Concord will gain 726 residents by 2041. Current construction levels should meet demand adequately, creating favourable conditions for buyers while potentially enabling growth beyond current forecasts.

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

Changes to local infrastructure significantly impact an area's performance. AreaSearch identified 42 projects likely affecting the region. Notable initiatives include Concord High School Major Upgrade, Concord Hospital Redevelopment Stage 1, Parramatta Road Urban Amenity Improvement Program, and Public Transport Capacity: Parramatta Road and Victoria Road Corridors. The following list details 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's workforce is highly educated with strong professional services representation. The unemployment rate was 3.0% as of December 2025, lower than Greater Sydney's 4.2%. In December 2025, 7,897 residents were employed, with a participation rate of 61.7%, below Greater Sydney's 68.8%.

Home work was high at 48.1% due to Covid-19 lockdowns. Key industries include healthcare & social assistance, professional & technical services, and education & training. Transport, postal & warehousing had lower representation at 3.6% versus the regional average of 5.3%.

Between December 2024 and December 2025, labour force decreased by 1.9%, employment declined by 2.2%, leading to a 0.4 percentage point rise in unemployment rate. National employment forecasts from May-25 project growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Concord's mix suggests local employment could increase by 7.1% over five years and 14.3% over ten years, though this is a simple extrapolation for illustrative purposes only.

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

Concord suburb shows median taxpayer income of $55,092 and average income of $81,522 according to latest postcode level ATO data aggregated by AreaSearch for financial year ended 30 June 2023. This is high nationally, contrasting with Greater Sydney's median income of $60,817 and average income of $83,003. As of March 2026, estimates based on Wage Price Index growth of 10.32% would be approximately $60,777 (median) and $89,935 (average). Census data reveals household incomes rank at the 88th percentile with $2,410 weekly income. Income distribution shows 28.8% of residents earn over $4,000 weekly, differing from broader area where $1,500 - $2,999 category predominates at 30.9%. High earners represent substantial presence with 40.9% exceeding $3,000 weekly. Housing accounts for 14.7% of income. Residents rank within the 88th percentile for disposable income and area's SEIFA income ranking places it in the 8th decile.

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

In Concord, as per the latest Census evaluation, 70.8% of dwellings were houses with the remaining 29.2% consisting of semi-detached homes, apartments, and other types of dwellings. In contrast, Sydney metropolitan area had 55.9% houses and 44.1% other dwellings. Home ownership in Concord stood at 44.8%, with mortgaged properties making up 31.4% and rented dwellings accounting for 23.8%. The median monthly mortgage repayment in Concord was $3,033, surpassing the Sydney metro average of $2,427. Meanwhile, the median weekly rent in Concord was $570 compared to $470 in Sydney metro. Nationally, Concord's mortgage repayments were significantly higher than the Australian average of $1,863, and 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 comprise 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 account for 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, larger than the Greater Sydney average of 2.7.

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 the 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+, with advanced diplomas at 11.7% and certificates at 16.8%. Educational participation is high, with 29.5% currently enrolled in formal education: 9.1% in primary, 9.1% in secondary, and 6.3% in tertiary education.

Educational participation is notably 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, all of which are bus stops. These stops are served by 46 different routes that together facilitate 3,762 weekly passenger trips. The accessibility of transport in Concord is rated as excellent, with residents typically located just 142 meters from the nearest stop. As a predominantly residential area, most residents commute outward for work or other purposes. The car remains the primary mode of transportation, used by 79% of residents, while 10% use the train. On average, there are 1.4 vehicles per dwelling in Concord, which is higher than the regional average.

According to the 2021 Census, 48.1% of residents work from home, a figure that may have been influenced by COVID-19 conditions. The service frequency averages 537 trips per day across all routes, equating to approximately 33 weekly trips per individual stop. A map accompanies this analysis and shows the locations of the 100 nearest stops to the area's centerpoint.

Concord's residents are extremely healthy with younger cohorts in particular seeing very low prevalence of common health conditions

Analysis of health metrics shows strong performance throughout Concord.

AreaSearch's assessment found mortality rates and chronic condition prevalence to be low, particularly among younger cohorts. Approximately 59% of Concord's total population (9,145 people) had private health cover, a rate exceptionally high compared to other areas. The most common medical conditions were arthritis and asthma, affecting 7.3 and 5.2% of residents respectively. 73.8% of residents declared themselves completely clear of medical ailments, slightly lower than the 74.6% average across Greater Sydney. Concord has a higher proportion of seniors aged 65 and over at 22.7% (3,512 people), compared to Greater Sydney's 15.5%. Health outcomes among seniors in Concord are above average but rank lower nationally than those of the broader population.

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 predominant religion in Concord, making up 68.6% of the population, compared to 49.2% across Greater Sydney. The top three ancestry groups in Concord are Italian (17.4%), Australian (14.6%), and English (13.8%).

Notably, Italian ancestry is substantially higher than the regional average of 3.4%, while English ancestry is notably lower than the regional average of 19.0%. There are also notable divergences in the representation of Lebanese (4.6% vs 2.6%), Greek (4.3% vs 1.9%), and Korean (1.5% vs 1.1%) ethnic groups in Concord compared to the Greater Sydney region.

Concord hosts a notably older demographic compared to the national average

The median age in Concord is 43 years, which is considerably higher than Greater Sydney's average of 37 years and substantially exceeds the national average of 38 years. The age profile shows that those aged 55-64 make up 13.3% of the population, while those aged 25-34 constitute only 9.2%. Between 2021 and present, the proportion of those aged 75-84 has grown from 6.3% to 8.2%, and the 15-24 cohort has increased from 12.4% to 14.2%. Conversely, the proportion of those aged 5-14 has declined from 12.8% to 11.3%. By 2041, demographic projections indicate significant shifts in Concord's age structure. The number of people aged 85 and above is projected to grow exceptionally, increasing by 689 individuals (106%) from 649 to 1,339. Notably, the combined age groups of 65 and above will account for 92% of total population growth, reflecting Concord's aging demographic profile. Conversely, the populations aged 25-34 and 0-4 are expected to decline.