Paul Pettenon
13 Creewood Street, Concord, NSW 2137
Price Guide: $2,100,000
3 1 2
Open Wednesday 15 July 4:30 pm Auction Saturday 8 August 2:00 pm🏛️ About This Suburb (Last Updated Date: 2026-03-06)
History, Aboriginal heritage, and the story behind the name.
Concord — Eora Country
Originally a site of early colonial land grants in the 1790s, Concord developed as a prestigious residential area for Sydney's elite in the late 19th century. The establishment of the Concord Repatriation General Hospital during WWII cemented its status as a key regional hub.
Today, Concord is a highly sought-after family enclave known for its 'Parkland Suburb' moniker, featuring expansive green spaces, golf courses, and the vibrant Majors Bay Road dining precinct.
Overall Score
8.4
A top-tier Inner West performer offering high safety, elite amenities, and strong capital stability.
Aboriginal Name
Wangal— "The Wangal people are the traditional custodians of the land along the southern shore of the Parramatta River."
Name Origin
Named after Concord, Massachusetts, in the USA, symbolizing harmony and peace.
Established
Gazetted 1883
Golfing Hub
Health Precinct
Green Space
📊 Scorecard
12 key dimensions scored 0–10. Each score includes a one-line explanation.
Market Momentum
7.8
Consistent demand from upsizing families keeps prices resilient despite broader market fluctuations.
Amenity
9.2
Majors Bay Road provides a world-class local dining and shopping strip rarely found in suburbs this quiet.
Schools
8.7
Excellent catchment options including Concord Public and proximity to elite private schools in Strathfield.
Transport
6.8
Lacks its own train station, relying on buses or nearby North Strathfield/Burwood stations; Metro West will improve this.
Risk Profile
8.2
Low crime and high owner-occupancy, though heritage overlays present a 'soft' risk for developers.
Liveability
9.1
Exceptional due to the abundance of parks, waterfront walks, and a genuine community feel.
Demographics
8.6
High-income professional families and established retirees create a stable, affluent social fabric.
Rental Demand
7.4
Strong for family homes; moderate for units given the premium price point.
Growth Potential
7.9
Future Metro West stations nearby and the 'spillover' effect from Strathfield drive long-term value.
Affordability
2.5
One of the more expensive Inner West suburbs, with a high barrier to entry for detached houses.
Crime & Safety
8.9
Statistically one of the safest suburbs in the City of Canada Bay LGA.
Walkability
7.6
Very high around the Majors Bay Road precinct, but lower in the residential 'pockets' further north.
⚡ Quick Snapshot
Key metrics at a glance, plus your top advantages and watch-outs.
Median House
$2,850,000
Estimated 2026 Median
Median Unit
$965,000
Modern 2-bed average
Family Ratio
72%
High family occupancy
CBD Commute
35-45m
Via Bus/Train combo
5yr Growth
34.2%
Cumulative house growth
Park Access
Excellent
90% of homes near parks
✅ Key Advantages
- Exceptional village lifestyle centered around the Majors Bay Road cafe and dining precinct.
- Abundance of high-quality recreational facilities including multiple golf courses and waterfront parks.
- Strong sense of community with a high proportion of long-term owner-occupiers.
- Wide, quiet, tree-lined streets with a significant number of well-maintained character homes.
- Proximity to major employment hubs including Concord Hospital and the Olympic Park precinct.
- Excellent long-term capital growth prospects driven by the Sydney Metro West project.
⚠️ Key Watch-Outs
- Strict Heritage Conservation Area (HCA) controls on many streets limit external modifications.
- Significant traffic congestion on Concord Road during peak hours affects local transit.
- Lack of a dedicated heavy rail station within the suburb boundaries requires bus transfers.
- Aircraft noise can be prominent depending on prevailing winds and flight path variations.
- High entry price point makes it inaccessible for most first-home buyers looking for houses.
- Limited stock turnover can lead to intense competition and 'emotional' overpaying at auction.
🏘️ Suburb Overview
Character, property mix, price range and what drives value here.
🏙️ Character
Prestigious Parkland
How this suburb feels day-to-day.
🏠 Property Types
Predominantly detached character houses (Federation/California Bungalow) and mid-rise modern apartments near the village.
Dominant dwelling stock.
💰 Price Range
$900k (Units) – $5.5m+ (Premium Houses)
Typical entry to ceiling.
💡 Why It Matters
Concord serves as the 'aspirational' move for families within the Inner West. It offers the space of the suburbs with the sophistication of an urban village, making it highly resilient to market downturns.
💰 Price Guide & Market Trends
Medians, rental market, 5-year history and property split.
🏠 House Median
$2,850,000
$2.4m – $4.8m
🏢 Unit Median
$965,000
$850k – $1.4m
📈 Price Trend
+5.8% over the last 12 months
12-month movement
🔑 Weekly Rents
Houses $1,100pw, Units $750pw
Current asking rents
📉 5-Year Price History
🏘️ Property Type Split
The high house-to-unit ratio preserves the suburb's low-density feel, while the consistent upward trend reflects its status as a 'safe haven' for capital.
🎯 Affordability
How this suburb compares to metro and state medians.
🏙️ vs Metro Average
45% above Greater Sydney house median
Price comparison
📋 Income Ratio
12.4x average household income
Median price ÷ median income
💳 Gross Yield
2.1% - 2.8% (Houses)
Estimated rental yield
More AffordableModeratePremium
Entry levelMid rangePremium
Concord is a premium market. Buyers are typically trading up from smaller Inner West terraces or apartments, utilizing significant existing equity.
🔥 Rental Demand
Vacancy rates, demand pressure, tenant profile, and investor outlook.
📊 Vacancy Rate
1.4%
Lower = tighter market
⏱️ Days to Lease
18 days
Avg time on market
📈 Rent Growth p.a.
+8.5%
Annual rental increase
Demand Level
High
👤 Tenant Profile
Medical professionals from Concord Hospital and corporate families seeking school catchments.
💼 Investor Outlook
Yields are low for houses but capital growth is reliable. Units near Majors Bay Road offer a better balance of yield and lifestyle appeal for tenants.
🚀 Growth Potential
Historical capital growth, infrastructure pipeline, and 5-year outlook.
+5.8%
1-Year Growth
+16.5%
3-Year Growth
+34.2%
5-Year Growth
📍 Growth Drivers
- Sydney Metro West: New stations at North Strathfield and Burwood North will slash CBD travel times.
- Parramatta Road Transformation: Ongoing urban renewal projects improving the southern boundary.
- Scarcity: Limited new land supply for detached dwellings in the Inner West.
- School Rankings: Continued strong performance of local primary schools attracting young families.
⛔ Headwinds
- Interest rate sensitivity at high price points.
- Increased construction costs for renovating heritage-listed properties.
- Potential for increased density in surrounding suburbs (Burwood/Strathfield) affecting local traffic.
🔮 5-Year Outlook
Concord is expected to outperform the broader Sydney market as the Metro West nears completion (scheduled late 2020s), likely seeing a 'catch-up' in value relative to Strathfield.
🛡️ Crime & Safety
Safety index, trend comparison, and what to check locally.
8.9
Safety Score
Excellent
📉 Trend
Stable
vs last 12 months
🏙️ vs Metro Average
32% below Sydney average crime rate
Relative comparison
Risk Categories
Property Crime: Low
Personal Safety: Very Low
Traffic Incidents: Medium
📋 What to Check Locally
General safety is very high. Standard precautions for car security on main thoroughfares are advised.
⚠️ Risk Profile
Natural hazards and planning risks to verify before buying.
📋 Summary
The primary risks are regulatory (heritage) and environmental (noise/localized flooding).
🌊 Flood Risk
Low risk overall, but specific properties near Exile Bay and St Lukes Park should be checked for overland flow paths.
🔥 Bushfire Risk
Negligible risk.
🏦 Insurance Impact
Standard premiums apply; no significant 'red-flag' zones for general home insurance.
🗺️ Planning & Zoning
Development controls, overlays, and what's changing locally.
📐 Typical Zoning
R2 Low Density Residential
🔲 Overlays
Heritage Conservation Area (HCA), Acid Sulfate Soils (Class 5)
🏗️ Development Hotspots
Majors Bay Road precinct for mixed-use; Parramatta Road corridor for high-density 'spillover'.
The R2 zoning and HCA overlays protect the suburb's character but mean you cannot easily subdivide or build modern 'box' houses in most streets.
🌳 Liveability
Day-to-day experience — transport, amenity, green space, schools and healthcare.
🚌 Transport
Reliant on buses to Burwood/Strathfield or the 439/461X to the CBD. Future Metro is the game-changer.
🛍️ Amenity & Retail
Exceptional. Majors Bay Road is one of the best suburban high streets in Sydney.
🌲 Parks & Recreation
Elite. Access to Bayview Park, Queen Elizabeth Park, and the Parramatta River foreshore.
🏫 Schools
Highly regarded local public schools and easy access to top-tier private schools (MLC, Meriden, Santa Sabina).
🏥 Healthcare
World-class. Concord Hospital is a major regional asset.
👥 Demographics
Who lives here — income, age, ownership, and education levels.
An affluent, established community of professionals and multi-generational families.
💵 Median Income
$128,000 household average
🏠 Ownership
74% owner-occupied or purchasing
🎂 Age Profile
Median age 40
🎓 Education
42% with University degrees or higher
📊 Age Distribution
The high owner-occupancy rate ensures properties are well-maintained and the community is deeply invested in local outcomes.
🏗️ Major Developments
Infrastructure pipeline and what it means for values and liveability.
📋 Overview
Infrastructure-led growth is the current theme for Concord.
📈 Positive Impacts
- Sydney Metro West (Burwood North/North Strathfield stations) providing rapid CBD/Parramatta access.
- Concord Hospital redevelopment and expansion of clinical services.
- Majors Bay Road streetscape upgrades and outdoor dining expansion.
📉 Negative Impacts
- Construction noise and traffic diversions during Metro works.
- Increased density pressures on the suburb's fringes (Parramatta Road).
🗺️ Nearby Suburb Comparison
How neighbouring suburbs stack up on price, lifestyle and who they suit.
📍Strathfield
Position
South
Price
Strathfield is 20-30% more expensive for houses.
Lifestyle
Strathfield is busier with a major transport interchange; Concord is quieter and more 'village' like.
Best for
High-budget buyers prioritizing transport and elite private schools.
📍Cabarita
Position
East
Price
Cabarita is more expensive due to waterfront prestige.
Lifestyle
Cabarita is almost purely residential/waterfront; Concord has the main shopping hub.
Best for
Waterfront lifestyle seekers.
📍North Strathfield
Position
West
Price
North Strathfield is 15% more affordable.
Lifestyle
More high-density living and industrial-to-residential conversions.
Best for
Younger professionals and first home buyers.
🔍 Similar Suburbs
Suburbs with a comparable profile — useful if this one is over budget or sold up.
Haberfield
NSW
8.5/10
Both are 'Garden Suburbs' with strong heritage protections and a high-end village feel.
Oatlands
NSW
7.8/10
Prestigious, leafy, and centered around a high-end golf club.
Willoughby
NSW
8.6/10
Strong family demographic, good schools, and a high-quality local shopping strip.
Mosman
NSW
9.2/10
The 'Concord of the North'—prestigious, village-centric, and parkland-heavy.
💬 Community Sentiment
Aggregated themes from resident discussions, forums and local feedback.
📊 Overall Community Sentiment
Residents are fiercely loyal to the suburb, often citing the 'safe' and 'green' environment as the reason they never leave.
★★★★★
Family Safety
I've raised three kids here and never felt unsafe. The parks are incredible and we know all our neighbors by name.
Safety
Community
★★★★☆
Transport
The bus to the city is okay, but I usually drive to Strathfield station. Can't wait for the Metro to finish.
Commute
Future Growth
★★★★★
Lifestyle
Majors Bay Road is our second home. The coffee culture here is as good as Surry Hills but without the stress.
Dining
Vibe
💡 Tailored Advice
Personalised guidance for every role in this market.
🧑💼 Buyer Strategy
- Prioritize properties on the 'village side' (East of Concord Rd) for better walkability and capital protection.
- Check the Heritage Map immediately; HCAs significantly impact your ability to add a second story.
- Attend at least three weekend auctions to understand the 'Concord Premium'—properties often go 10% over guide.
- Look for homes with rear-lane access, as street parking can be tight near the hospital and village.
- Verify the exact flight path impact for specific addresses via Airservices Australia.
❓ Questions to Ask the Agent
- Is this property located within a Heritage Conservation Area (HCA)?
- Are there any known overland flow or flooding issues for this specific block?
- What are the current school catchment boundaries for this address?
- Has the property been under any recent flight paths during the last 6 months?
- Are there any planned developments for the nearby Parramatta Road corridor that will affect traffic?
- What is the typical profile of the immediate neighbors (families vs. retirees)?
- Is there any evidence of unapproved works on the character features of the home?
🏷️ Seller Strategy
- Highlight 'lifestyle' features like proximity to the golf course or specific parklands.
- Ensure gardens are professionally landscaped; Concord buyers expect high curb appeal.
- If in an HCA, provide pre-approved DA plans for minor works to reduce buyer fear of council restrictions.
- Focus marketing on the 'Strathfield alternative'—more value for money with better parks.
📣 Positioning Tips
Position the property as a 'forever home' in a safe, prestigious enclave. Emphasize the future Metro benefits to justify premium pricing.
💼 Investment Case
Long-term capital play rather than yield play.
⚠️ Investment Risks
Low rental yields and high maintenance costs for older heritage homes.
📈 Action Plan
- Target 2-bedroom modern apartments within 400m of Majors Bay Road.
- Look for 'renovator delights' outside of Heritage Conservation Areas.
- Focus on properties with a study/third bedroom to attract work-from-home professionals.
- Maintain a high standard of finish to compete with the high-quality local stock.
🔑 Renter Tips
- Be prepared with a full application; competition for houses is fierce.
- Check for parking restrictions if the property is near the hospital.
- Ask about the age of the plumbing/wiring in Federation-style rentals.
🏘️ What Renters Love Here
Access to elite lifestyle amenities and safe, quiet streets.
⚠️ Renter Watch-Outs
Older homes can be poorly insulated and expensive to heat/cool.
🏢 Landlord Strategy
- Offer long-term leases (24 months) to attract stable families.
- Include garden maintenance in the rent to preserve the property's value.
- Ensure air conditioning is installed; it is a non-negotiable for high-end tenants in this area.
📋 Compliance & Management
Strict adherence to smoke alarm and pool fencing legislation is monitored closely by Canada Bay Council.
🤝 Agent Insights
- Stock is tightly held; many buyers are local 'downsizers' or 'upsizers' moving within 2km.
- The 'North Concord' pocket near the hospital is seeing increased interest from medical staff.
🎯 Marketing Angles
The 'Parkland Suburb' branding is highly effective. Focus on the '15-minute lifestyle' where everything is walkable.
👤 Target Buyer Profile
Affluent families (35-50) with 2+ children; medical professionals; Strathfield 'spillover' buyers.
✅ Due Diligence Checklist
Tap items to tick them off. Don't skip these before signing anything.
✓
Verify Heritage status on the Section 10.7 Certificate.
✓
Conduct a professional building and pest inspection focusing on rising damp (common in older Concord homes).
✓
Check the Canada Bay Council Flood Map for localized drainage risks.
✓
Review the Sydney Metro West construction schedule for nearby impacts.
✓
Assess the property's position relative to the Concord Hospital helicopter flight path.
✓
Confirm the school catchment via the NSW Department of Education 'Find a School' portal.
✓
Measure the walking distance to the nearest bus stop or future Metro station site.
✓
Check for any significant trees on the property that are protected by Council TPO.
✓
Review recent comparable sales within 500m, specifically looking at land size vs. price.
✓
Inspect the property during peak hour to assess noise from Concord Road or main feeders.
📚 Government Sources & Disclaimer
Official council and government links only. Always verify independently before any property decision.
🔗 canadabay.nsw.gov.au
🔗 abs.gov.au
🔗 planningportal.nsw.gov.au
🔗 transport.nsw.gov.au
🔗 education.nsw.gov.au
⚠️ Important Disclaimer
This report is based on data available as of 2026-03-06. It is intended for informational purposes only and does not constitute financial or legal advice. Buyers should conduct their own independent research and consult with professionals before making any property purchase.
