Question 1

Is Holroyd a nice place to live?

Accepted Answer

Holroyd is a compact, established suburb in western Sydney between Parramatta and Merrylands with a quietly residential feel. Housing is mostly low-rise—detached brick homes, pockets of older weatherboard cottages and modest apartment buildings—set among mature street trees, local parks and small shopping strips. The community of 1,248 people has a median age of 33 and a typical household income of $1,893 a week, roughly $98,436 a year. Family households dominate, with couple families with children the largest group at 52.6%, and homes are slightly more often rented than owner-occupied.

The suburb tends to suit families and long-term residents after a practical, lived-in neighbourhood with convenient access to public transport and main road links and larger retail and services nearby. Local open space and sporting grounds are the focus of council plans and upgrades, and the Crescent Parklands state-significant mixed-use precinct has been approved for the area, including a new park and in-fill affordable housing. Council has also delivered a "Cool Carpark" prototype and monitored its urban cooling performance.

Question 2

Is it expensive to live in Holroyd?

Accepted Answer

In Holroyd, a unit renting for about $660 a week would take roughly 34.9% of a typical local household's weekly income at the last Census. That sits in the sizeable-share range, so on these figures renting a unit would represent a noticeable portion of what a typical household there earned at the last Census.

For someone considering renting rather than buying, that rent share is the figure most relevant to their decision; whether it feels expensive depends on your own income and circumstances.

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

Question 3

Is Holroyd a good place to invest?

Accepted Answer

Unit values in Holroyd fell 8.4% over the past 12 months, a notable decline, while unit rents rose 4.8% over the same period, a modest increase. On the units side, that means capital value moved down during the year while rental income edged up.

If rental income is your main concern, the rent rise is the figure that matters; if capital growth is your priority, the fall in unit values is the key number. Whether that pattern fits your plans depends on your goals and circumstances.

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.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	N/A	-8.4%
Sold Past 3 months	N/A	6
Median days on market Past 12 months	N/A	38
Average rent Past 12 months	N/A	$660
Change in rent Past 12 months	N/A	4.8%

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