Get a property report and suburb profile for any property in Five Dock

Five Dock sits on the Parramatta River and Iron Cove foreshore and centres on a village shopping strip along Great North Road. It has a lively café and dining scene shaped by a long-standing Italian community, tree-lined streets of Federation and Californian bungalows alongside low-rise apartments, and riverfront parks and reserves that make for easy weekend walks and sport. A compact commercial centre supplies supermarkets, delis and eateries, and frequent bus services and road links connect the suburb to the rest of the inner west and the city.

Home to 9,823 people with a median age of 41, Five Dock’s household mix is strongly weighted towards couple families with children, and most homes are owner-occupied. That mix, together with local park upgrades and a planned Sydney Metro West station at Fred Kelly Place, means the suburb appeals to families, professionals and people looking to downsize. Whether it suits you comes down to the kind of neighbourhood and amenities you want nearby.

In Five Dock, a house rent of $1,100 a week would take about 47.3% of a typical local household's weekly income as recorded at the most recent Census, which is a large share. Unit rent of $815 a week would take about 35.0% of that weekly income, a sizeable share.

Looking at buying, the median house price of $2,780,000 is roughly 23.0 times a typical local annual household income at the last Census, and the median unit price of $1,070,000 is about 8.8 times that annual income. Both sit well above local incomes at the last Census, with houses especially far above.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

House rents in Five Dock jumped 15.8% over the past 12 months, the clearest movement in the numbers. House values edged up 0.5% over the year, while unit values rose a solid 6.5% and unit rents increased a modest 4.5%. As a result, the rent a house earns has been the strongest performer this year, whereas unit owners saw more movement on the value side than in rental income. Which of those patterns matters to you will depend on whether you prioritise rental income or capital growth.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.