Concord
Detached houses, high incomes and an older family profile define Concord more than new-apartment inner-west density. The suburb records a $2.7m median house price, 70.8% separate houses and household income in the 90.8 percentile, so it sits above the national average for affluence. Compared with nearby Breakfast Point or Rhodes, Concord feels lower-rise because 16.5% of homes are apartments. Median age is 43, 3.0 years above national, and 34.3% were born overseas, supporting an established but internationally linked owner-occupier market.
Population
14,551
Median Age
43.0
Household IncomeiMedian weekly household income (ABS Census)
$2,410/wk
DAs (12 months)iDevelopment Applications lodged in the past year
164
Median House
$2.7M
2024-2025 (PSI derived)
Homebuyers are paying for land, bedrooms and established streets. The 2025 house median is $2.82m after a 17.5% lift from 2024, with 0.0% fall from the peak, so buyers have less discounting power than in a softer market. Separate houses are 70.8% of dwellings, while apartments are only 16.5%, and 79.3% of homes have 3 or more bedrooms. Mortgage costs sit at 29.1% of income, below common stress thresholds, because local household incomes are high at $2,410 a week. The trade-off is a higher entry price than many inner-west family suburbs.
For Buyers
Homebuyers are paying for land, bedrooms and established streets. The 2025 house median is $2.82m after a 17.5% lift from 2024, with 0.0% fall from the peak, so buyers have less discounting power than in a softer market. Separate houses are 70.8% of dwellings, while apartments are only 16.5%, and 79.3% of homes have 3 or more bedrooms. Mortgage costs sit at 29.1% of income, below common stress thresholds, because local household incomes are high at $2,410 a week. The trade-off is a higher entry price than many inner-west family suburbs.
For Investors
Investors face a mixed profile: renters account for 23.8%, far lower than the 76.3% owned outright or mortgaged base, so demand is not as broad as in apartment suburbs. Weekly rent is $570 and vacancy is 6.0%, which points to more available stock than a tight market. The offset is redevelopment activity, with 151 applications in 12 months and dual occupancy samples adding 2 dwellings. Overseas migration is the primary driver, averaging +322 people a year against -178 internal movement, which supports demand for well-located rentals over time.
Development Activity
Total DAs
944
Last 12 Months
164
YoY ChangeiYear-over-year change in DA lodgements
-15.0%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Schools in Concord iICSEA: school advantage index. 1000 = national avg, higher = more advantaged
St Mary's Catholic Primary School
K-6 · 216 students
Mortlake Public School
K-6 · 261 students
Concord Public School
K-6 · 276 students
Concord High School
7-12 · 1206 students
Demographics
Demographics lean older, educated and strongly family based. Median age is 43, 3.0 years above national, and the average household has 2.8 people, 0.3 above national, because large detached homes suit families and long-term owners. University attainment is 47.5%, 17.4 percentage points higher than national. Italian ancestry is the largest marker at 3,228 people, followed by English at 2,548 and Chinese at 1,921. Overseas-born residents are 34.3%, 12.7 points above national, with Italian, Mandarin, Arabic, Cantonese and Greek among the main non-English languages.
Age Distribution
Bedrooms
Dwelling Structure
70.8%
Houses
10.5%
Townhouse
16.5%
Apartment
Tenure
Housing is tilted to established ownership rather than churn. Prices moved from $2.4m in 2024 to $2.82m in 2025, a 17.5% one-year lift; the latest figure is also the peak, with a 0.0% peak-to-latest fall and a $2.4m trough. Owners dominate: 44.7% own outright and 31.6% have a mortgage, compared with 23.8% renting. The stock is larger than apartment suburbs nearby, with 70.8% separate houses, 40.7% 3-bedroom homes and 38.6% with 4 or more bedrooms, explaining the high median.
Median House Price Trend
Source: State Valuer-General
Mortgage / mo
$3,033
Rent / wk
$570
HH Size
2.8
Personal Income / wk
$935
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
6.0%
Unoccupied
316
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
23.7%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
29.1%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
21.3%
Couples, no children
12,458
Total families
Economy & Employment
Concord's economy is white-collar but not single-industry dependent. Healthcare leads at 15.9%, followed by Professional/Tech at 13.0%, Education at 11.5%, Construction at 9.7% and Finance at 9.5%. Professionals number 2,180, with 1,311 managers and 1,136 clerical/admin workers, helping explain household income in the 90.8 percentile. Unemployment is 4.3% and 63.8% of employed residents work full time. SEIFA ranks high: IEO decile 9, IER 8, IRSD 9 and IRSAD 10; the lower IER likely reflects 4,387 people not in the labour force and a 54.2% participation rate.
Unemployment
2.6%
Labour Force
13,336
Unemployed
344
Quarterly Trend
Source: SALM Dec-25
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
63.8%
Part-time
31.9%
Participation
54.2%
Employed
6,237
Occupations
Top Industries
University
47.5%
Postgraduate
12.9%
Born Overseas
34.3%
Dwellings
4,906
Transport to Work
Livability skews to car-based family routines. Car driving accounts for 83.0% of commute trips, far higher than public transport at 6.0% and walking or cycling at 4.8%, so daily convenience depends on parking and road access more than rail. Education is a clear strength, with 4 local schools across Government and Catholic sectors and an ICSEA range from 1068 to 1110. St Mary's Catholic Primary is highest at 1110 with 216 students, while Mortlake Public reaches 1081 and Concord High has 1,206 enrolments. IRSAD decile 10 reinforces the area's high amenity base.
Drive
83.0%
Public Transport
6.0%
Walk / Cycle
4.8%
Work from Home
N/A
Population Forecast
+1.12%/yr
(+268 people/yr)
EstablishedGrowth looks steady rather than boom-like. The trend is 1.12% a year, or about 268 people, and the medium path rises from 24,656 in 2026 to 25,994 in 2031. Overseas migration is the primary driver, averaging +322 people a year, while internal movement averages -178, so new arrivals offset local outflows. The gentrification score is 16 and the stage is Not gentrifying, below a renewal-led profile. The bigger shift is aging: seniors are up 5.4 points, young residents down 2.4 points and working-age share down 2.3 points.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Overseas Migration
Net Overseas / yr
+322
Net Internal / yr
-178
Gentrification Signal
Not gentrifying
Population +17% since 2011, Net internal outflow -178/yr, Strong overseas inflow +322/yr
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Concord compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Concord a good suburb to live in?
Yes, Concord suits households seeking established streets, larger homes and high amenity. It has a $2.7m median house price, 70.8% separate houses and IRSAD decile 10, so it sits above the national average for advantage.
What is the median house price in Concord?
Concord's median house price is $2.7m, while the latest price history shows $2.82m in 2025. That is 17.5% higher than the $2.4m recorded in 2024, with no fall from the latest peak.
What schools are in Concord?
Concord has 4 local schools: St Mary's Catholic Primary School, Mortlake Public School, Concord Public School and Concord High School. ICSEA scores range from 1068 to 1110, with sectors covering Government and Catholic options.
Is Concord safe?
Concord's safety picture should be checked street by street, but its socio-economic indicators are strong. IRSD decile 9 and IRSAD decile 10 point to low disadvantage compared with many areas, while local crime rates are not stated.
Is Concord good for property investment?
Concord can work for investors focused on long-term land value and family rentals. Rent is $570 a week, renters make up 23.8% of households, vacancy is 6.0%, and 151 development applications show active renewal.
How is Concord's population changing?
Concord is growing steadily rather than rapidly. The trend is 1.12% a year, about 268 people, with the medium path rising to 25,994 by 2031. Overseas migration adds +322 people a year while internal movement is -178.
What languages are spoken in Concord?
Italian is the largest non-English language counted at 611 speakers, followed by Mandarin with 380, Arabic with 254, Cantonese with 225 and Greek with 214. Overseas-born residents make up 34.3% of the suburb.
Is there much development in Concord?
Yes, development activity is high for an established suburb, with 151 applications recorded over 12 months. Recent samples include dual occupancy projects adding 2 dwellings, pointing to gradual infill rather than wholesale redevelopment.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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