This week both Concord West and Wareemba were listed in the Sydney Morning Herald’s top 20 of long-hold suburbs. Over the years I have seen firsthand the deep attachment that residents of Concord West and Wareemba have to their homes. These suburbs in our Inner West circle offer much more than just a place to live, they provide a unique and enriching lifestyle that residents find hard to leave.
The Enduring Appeal of Concord West
Concord West is renowned for its leafy streets and family-friendly environment. This suburb perfectly balances tranquility with convenience, making it an ideal location for families and individuals alike. The presence of excellent schools, such as Concord West Public School, significantly enhances its appeal to families who prioritise quality education for their children as well as the ease of access to a selection of top-tier private primary and high schools.
A major draw of Concord West is its exceptional accessibility. The suburb is well-connected through major arterial roads and public transport options, including the Concord West railway station. This connectivity ensures that residents can enjoy the peaceful suburban lifestyle without sacrificing the convenience of easy access to the city.
However, what truly sets Concord West apart is its strong sense of community. Neighbours here know each other, fostering a sense of belonging that encourages long-term residency. Community events and local activities are common, creating a warm and welcoming environment for newcomers and long-time residents alike.
According to the Sydney Morning Herald, the median house price in Concord West has surged by 185.3% over the past 20 years, reaching $2,543,725. This significant appreciation in property value reflects the high demand and desirability of the area. Moreover, homeowners in Concord West typically stay in their properties for an average of 16.7 years.
The Unique Charm of Wareemba
Wareemba, though smaller in size, exudes a unique charm that resonates deeply with its residents. Nestled between the bustling hubs of Five Dock and Abbotsford, Wareemba offers a quieter, more intimate living experience while still being close to key amenities. The suburb’s village-like feel, characterised by boutique shops, cafes, and waterfront views, creates a serene and picturesque environment.
A key feature of Wareemba is its proximity to the water. Many homes enjoy stunning views of Hen and Chicken Bay, and access to waterfront parks and walking paths.
The community in Wareemba is notably tight-knit, with a strong sense of pride and identity. Local shops and cafes become social hubs where neighbours catch up, fostering a sense of camaraderie and support. This village atmosphere is rare in larger suburbs and is a key reason why people are reluctant to leave once they settle here.
Statistically, Wareemba has seen a 191.5% increase in its median house price over the past 20 years, now sitting at $2,451,508. This remarkable growth in property value highlights the suburb’s attractiveness and the strong demand from potential buyers. Homeowners in Wareemba stay in their homes for an average of 16.4 years.
A Shared Sentiment
The sentiments expressed by residents in the Sydney Morning Herald article highlight why homeowners in these suburbs are so reluctant to move. The article points out that strong community ties, the convenience of local amenities, and the overall quality of life are significant factors contributing to the low turnover rates in these areas.
In Concord West, the combination of excellent schools, green spaces like Bicentennial Park, and accessibility to the city creates an idyllic setting for raising a family. Parents appreciate the safe, friendly environment and the abundant opportunities for outdoor activities.
Wareemba, with its waterfront lifestyle and cosy village feel, attracts those who seek a quieter, more relaxed pace of life. The article emphasises that residents value the sense of belonging and the picturesque setting, making it a place where people feel content and rooted.
Community Counts
Homeowners in Concord West and Wareemba often find that the benefits of their respective communities far outweigh the allure of moving elsewhere. The sense of stability, coupled with the high quality of life, makes these suburbs stand out as places where people simply do not want to leave.
There are currently 12 properties for sale in Concord West and 15 for lease, while Wareemba there is just one property for sale and only three for lease.
If you’re thinking of selling in the area feel free to give me a call anytime.