Silverwater (Parramatta - NSW)

An assessment of population growth drivers in Silverwater reveals an overall ranking slightly below national averages considering recent, and medium term trends

As of Nov 2025, the estimated population of Silverwater (Parramatta - NSW) is around 3,638 people. This figure reflects a growth of 38 individuals since the 2021 Census, which recorded a population of 3,600 people in the suburb. The current resident population stands at 3,622, as estimated by AreaSearch following examination of the latest ERP data release by the ABS (June 2024). This estimate includes an additional 12 validated new addresses since the Census date. The population density ratio is 1,347 persons per square kilometer, which is higher than the average seen across national locations assessed by AreaSearch.

Overseas migration contributed approximately 70.0% of overall population gains during recent periods in Silverwater. AreaSearch is utilising 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 is using the 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 years 2032 to 2041. Future population trends indicate that Silverwater is expected to experience an increase just below the median of national areas, with projections suggesting a growth of 307 persons by 2041. This reflects an overall increase of approximately 6.3% in total over the 17-year period.

The level of residential development activity in Silverwater is very low in comparison to the average area assessed nationally by AreaSearch

Based on AreaSearch analysis of ABS building approval numbers, allocated from statistical area data, Silverwater has experienced around 2 dwellings receiving development approval annually over the past five financial years ending June 30, 2021. This totals an estimated 12 homes since FY-17. By June 30, 2026, 2 approvals have been recorded in Silverwater. During this period, population has fallen, suggesting new supply has likely kept up with demand, offering good choice to buyers.

The average expected construction cost value of new dwellings is $556,000. In FY-26, $1.9 million in commercial approvals have been registered, indicating the area's residential nature. Compared to Greater Sydney, Silverwater has significantly less development activity (93.0% below regional average per person). This constrained new construction typically reinforces demand and pricing for existing homes, though building activity has accelerated in recent years. This level is also under the national average, suggesting the area's established nature and potential planning limitations. Recent development has been entirely comprised of attached dwellings, creating more affordable entry points and suiting downsizers, investors, and first-home buyers. This represents a notable shift from the area's existing housing composition (currently 31.0% houses), indicating decreasing availability of developable sites and reflecting changing lifestyles and demand for diverse, affordable housing options.

With around 587 people per dwelling approval, Silverwater reflects a highly mature market. According to AreaSearch's latest quarterly estimate, Silverwater is forecasted to gain 231 residents by 2041. If current development rates continue, housing supply may not keep pace with population growth, potentially increasing competition among buyers and supporting stronger price growth.

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

Infrastructure changes significantly influence an area's performance. AreaSearch has identified 18 projects likely impacting the region. Notable projects include Club Ryde Ex Mixed Use Development, 287-295 Victoria Road Development, Parramatta Light Rail Stage 2, and Newington Reserve Upgrade. 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.

Employment conditions in Silverwater remain below the national average according to AreaSearch analysis

Silverwater has a highly educated workforce. Its unemployment rate was 4.0% in the past year.

Employment growth was estimated at 2.8%. As of June 2025, 1,379 residents were employed with an unemployment rate of 0.2% below Greater Sydney's rate of 4.2%. Workforce participation was 36.3%, compared to Greater Sydney's 60.0%. The dominant employment sectors were health care & social assistance, retail trade, and construction.

Other services had notable concentration, with levels at 1.6 times the regional average. Professional & technical services were under-represented, at 8.3% compared to Greater Sydney's 11.5%. There were 2.2 workers for every resident as of the Census, indicating Silverwater functions as an employment hub attracting workers from surrounding areas. During the year to June 2025, employment levels increased by 2.8%, with labour force increasing by a similar rate and unemployment remaining essentially unchanged. In contrast, Greater Sydney experienced employment growth of 2.6% and labour force growth of 2.9%. Jobs and Skills Australia's national employment forecasts from Sep-22 suggest potential future demand within Silverwater. National employment is forecast to expand by 6.6% over five years and 13.7% over ten years, with varying growth rates between industry sectors. Applying these projections to Silverwater's employment mix suggests local employment should increase by 6.6% over five years and 13.6% over ten years.

The area's income profile falls below national averages based on AreaSearch analysis

AreaSearch's latest postcode level ATO data for financial year 2022 shows that Silverwater has a lower median income of $48,116 compared to the national average. The average income in Silverwater stands at $57,386, which is lower than Greater Sydney's figures of $56,994 median and $80,856 average. Based on Wage Price Index growth of 12.61% since financial year 2022, estimated incomes for Silverwater as of September 2025 would be approximately $54,183 (median) and $64,622 (average). According to the 2021 Census, household, family and personal incomes in Silverwater are at the 58th percentile nationally. The earnings profile indicates that 39.1% of Silverwater's population falls within the $1,500 - 2,999 income range, which is similar to the surrounding region where 30.9% occupy this range. High housing costs consume 21.7% of income in Silverwater, but strong earnings place disposable income at the 50th percentile.

Silverwater features a more urban dwelling mix with significant apartment living, with ownership patterns similar to the broader region

Silverwater's dwelling structure, as per the latest Census, consisted of 30.6% houses and 69.4% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Sydney metro's 30.6% houses and 69.4% other dwellings. Home ownership in Silverwater stood at 13.5%, with mortgaged dwellings at 36.5% and rented dwellings at 50%. The median monthly mortgage repayment was $2,167, aligning with the Sydney metro average, while the median weekly rent was $450, compared to Sydney metro's $470. Nationally, Silverwater's mortgage repayments were higher than the Australian average of $1,863, and rents were substantially above the national figure of $375.

Silverwater features high concentrations of group households, with a lower-than-average median household size

Family households constitute 72.4% of all households, including 37.0% couples with children, 24.0% couples without children, and 10.4% single parent families. Non-family households comprise the remaining 27.6%, with lone person households at 23.1% and group households making up 4.3% of the total. The median household size is 2.7 people, which is smaller than the Greater Sydney average of 2.8.

Silverwater demonstrates exceptional educational outcomes, ranking among the top 5% of areas nationally based on AreaSearch's comprehensive analysis of qualification and performance metrics

Educational attainment in Silverwater is notably high, with 45.7% of residents aged 15 years and over holding university qualifications as of the latest data point. This compares favourably to national (30.4%) and NSW state (32.2%) averages. Bachelor degrees are the most prevalent at 30.3%, followed by postgraduate qualifications (12.4%) and graduate diplomas (3.0%). Vocational credentials are also widely held, with 34.5% of residents aged 15 years and over possessing such qualifications – advanced diplomas account for 15.6%, while certificates make up 18.9%.

Educational participation is notably high, with 57.3% of residents currently enrolled in formal education. This includes 19.3% in primary education, 11.2% in tertiary education, and 11.0% pursuing secondary education. As per the data provided, educational facilities appear to be located outside Silverwater's immediate catchment boundaries, requiring families to access schools in neighbouring areas.

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

Transport analysis shows 31 operational stops in Silverwater, offering bus services. These stops are served by three routes, facilitating 617 weekly passenger trips. Transport access is rated excellent, with residents usually located 177 meters from the nearest stop.

Service frequency averages 88 trips daily across all routes, equating to approximately 19 weekly trips per individual stop.

Silverwater's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

Silverwater demonstrates excellent health outcomes with a very low prevalence of common health conditions across all age groups. Approximately 50% (~1,806 people) have private health cover, lower than the national average of 55.3%.

The most prevalent medical conditions are asthma (5.6%) and mental health issues (4%). About 80.9% of residents report no medical ailments, compared to 83.5% in Greater Sydney. Senior residents aged 65 and over comprise 6.9% (251 people), lower than the 11.1% in Greater Sydney. Seniors' health outcomes align with those of the general population.

Silverwater is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics

Silverwater has a high level of cultural diversity, with 42.3% of its population born overseas and 66.0% speaking a language other than English at home. Christianity is the predominant religion in Silverwater, accounting for 46.4% of the population. Islam is overrepresented compared to Greater Sydney, making up 22.0% of Silverwater's population versus 23.4%.

The top three ancestry groups are Other (20.1%), Korean (17.7%), and Chinese (11.1%). Notably, Lebanese (6.6%) and Hungarian (0.5%) ethnicities are overrepresented compared to regional averages of 4.1% and 0.1%, respectively. Samoan ethnicity is also notably higher at 1.1%.

Silverwater's population is younger than the national pattern

Silverwater's median age in 2021 was 36 years, nearly matching Greater Sydney's average of 37 years, which is modestly under the Australian median of 38 years. Compared to Greater Sydney, Silverwater had a higher concentration of residents aged 25-34 (24.0%) but fewer residents aged 65-74 (3.3%). This concentration of 25-34 year-olds was well above the national average of 14.5%. Between the 2021 Census and the present, the age group 55 to 64 has grown from 7.2% to 9.0%, while the 75 to 84 cohort increased from 1.5% to 2.8%. Conversely, the 35 to 44 cohort declined from 24.5% to 23.2%, and the 25 to 34 group dropped from 25.1% to 24.0%. Demographic modeling suggests that Silverwater's age profile will evolve significantly by 2041. The 45 to 54 cohort is projected to grow strongly at a rate of 73%, adding 384 residents to reach 908. In contrast, both the 0 to 4 and 5 to 14 age groups are expected to see reduced numbers.