Question 1

Is North Rocks a nice place to live?

Accepted Answer

North Rocks is a leafy, established pocket in Sydney’s north-west, sitting between Parramatta and the Hills District. It centres on North Rocks Road and a compact shopping centre with everyday shops and cafes, and its reserves, playing fields and pockets of local bushland give the area a quiet, family-oriented feel. Housing is mostly low-rise detached brick and weatherboard homes on generous lots, with some newer townhouses near the retail strip, and local buses and arterial roads connect the suburb to Parramatta and surrounding centres.

About 9,136 people live in North Rocks, with a median age of 40 and a median household income of $2,354 a week. Family life is prominent—54.0% are couple families with children—and most homes are owner-occupied (75.8%). The area has seen recent investment in school and park facilities: North Rocks Public School has new learning spaces, the park precinct is being renewed with placemaking and playground works, there is a funded redevelopment of the Don Moore Community Centre, and NextSense has relocated to a new facility at Macquarie University. Whether it suits you will depend on what you want in a suburb.

Question 2

Is it expensive to live in North Rocks?

Accepted Answer

At about 15.0 times a typical local household's annual income at the last Census, the median house price in North Rocks sits well above local incomes recorded at that Census. Renting is less stretched but still significant: a house rent of $860 a week would take about 36.5% of a typical local household's weekly income at the last Census, while a unit rent of $700 a week would take about 29.7%. On these figures, buying is the more stretched option and renting looks relatively more manageable; whether that feels expensive will depend 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 North Rocks a good place to invest?

Accepted Answer

Unit values led the way in North Rocks over the past 12 months, rising 7.8%, while house values increased a more modest 4.4%. On the rental side, house rents climbed 7.5% and unit rents rose 4.5% over the same period.

That means the rent a house earns grew faster than its price this year, whereas units saw stronger capital growth than rental growth. If rental income is your priority, the 7.5% rise in house rents is the figure that matters; if capital growth is what you want, unit values were the stronger performer. Whether that balance suits your objectives and circumstances is for you to weigh up.

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	$1.84M	N/A
Change in value Past 12 months	4.4%	7.8%
Sold Past 3 months	16	6
Median days on market Past 12 months	40	35
Average rent Past 12 months	$860	$700
Change in rent Past 12 months	7.5%	4.5%

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