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Revesby suburb profile

Revesby is a vibrant suburb located in the south-west of Sydney, approximately 22km from the CBD. Known for its strong community spirit and family-friendly atmosphere, Revesby offers a mix of residential, commercial, and recreational spaces. The suburb features a bustling shopping precinct with a variety of retail outlets, cafes, and restaurants, catering to diverse tastes. Revesby is well-served by public transport, including a train station on the T8 Airport & South Line, providing easy access to the city and surrounding areas. With its parks, schools, and community facilities, Revesby is a desirable location for families and professionals alike.

Revesby property market performance

Current median dwelling price$1,147,875Past 3 months

Property growth+6.3%Past 12 months

Revesby’s property market has demonstrated growth, with house values increasing by 5.1% over the past year, reaching a median price of $1.70 million. While the median unit price data is not available, units have shown a 4.4% value increase. Sales activity has been active, with 52 houses and 3 units sold, indicating strong interest, especially in the housing sector.

Houses are selling swiftly, with a median of just 29 days on the market, slightly quicker than the 30 days for units. This suggests robust demand across the board.

The rental market in Revesby has seen notable increases, with house rents rising by 8.0% and unit rents up by 4.3%, reflecting sustained rental demand in the area.

HousesUnits
Median price
Past 3 months
$1.53MN/A
Change in value
Past 12 months
4.3%8.2%
Sold
Past 3 months
505
Median days on market
Past 12 months
2727
Average rent
Past 12 months
$973$620
Change in rent
Past 12 months
8.1%6.9%

5 year median price trend for houses and units

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Revesby demographics

Revesby, located in the southwestern suburbs of Sydney, offers a balanced lifestyle with its blend of suburban tranquility and urban convenience. With a population of 15,268, Revesby is a family-friendly suburb, as evidenced by the 50.4% of couple families with children. The median age of 38 suggests a mature community, with many residents likely to be established professionals and families who appreciate the suburb's amenities and community spirit.

The suburb's housing market reflects a mix of ownership and rental opportunities. A significant portion of properties, 30.1%, are owned outright, indicating a stable community with long-term residents. Meanwhile, 33% of homes are owned with a mortgage, and 36.9% are rented, providing options for both new buyers and those seeking rental properties. This diversity in housing options makes Revesby appealing to a wide range of residents, from young families to retirees.

Revesby's median total household income of $1,844 per week is indicative of a comfortable standard of living, supporting a community that values both work and leisure. The suburb's proximity to public transport, schools, and shopping centers enhances its appeal, making it a convenient choice for those who commute to the city or prefer to stay local. With its strong sense of community and family-oriented environment, Revesby continues to be a desirable suburb for those seeking a balanced lifestyle in Sydney's southwest.

Revesby infrastructure, key developments and investment opportunities

Revesby continues to benefit from its position on the T8 airport and south rail line, with the busy station-adjacent retail centre and Revesby Workers Club acting as key local anchors that support steady foot traffic and underpin demand for nearby residential and mixed-use redevelopment.[3][1] The suburb’s established supermarkets, community facilities and Service NSW centre contribute to its role as a practical, well-serviced hub in the Canterbury-Bankstown area, which generally supports stable buyer interest and rental demand.[1][7]

Local schools, including multiple public and Catholic primary and secondary options, remain an important drawcard for families and help sustain ongoing demand for detached housing and family-friendly townhouses.[1][3] With more than 20 parks across the suburb and convenient access to employment centres via rail and road, Revesby’s existing infrastructure and amenities are the main factors influencing its property market at present, and there are no widely publicised new major infrastructure projects or planning changes currently reshaping the suburb in a way that would significantly alter market dynamics.

Revesby rental market trends

The rental market in Revesby has experienced a steady increase, with house rents rising 8.0% over the past year to $950 per week, while unit rents have grown 4.3% to $605 per week. With its convenient location and ongoing development, Revesby offers great opportunities for both renters and investors in this vibrant community.

Suburbs near Revesby

Some popular suburbs near Revesby include:

How does Revesby compare to nearby suburbs?

  • Median house prices: Revesby’s median house price is 7.4% lower than Padstow’s.
  • House price growth: Property prices in nearby Padstow have risen 1.1% more than in Revesby over the past year.
  • Unit price growth: Property prices in nearby Padstow have risen 9.8% more than in Revesby over the past year.
  • Selling speed for houses: Properties in Revesby are selling 30.8% faster than in Padstow.
  • Selling speed for units: Properties in Revesby are selling 15.6% faster than in Padstow.
  • Investment considerations: In Revesby, the rental yield for house is 6.8% higher than the Sydney average, while the rental yield for units is 20.7% lower.
  • House price growth: Over the past 12 months, house prices in Revesby have grown 17.6% lower than the average rate of growth across Sydney.
  • Unit price growth:Over the past 12 months, unit prices in Revesby have grown 16.0% higher than the average rate of growth for units across Sydney.

Common questions about Revesby

  • Is Revesby a nice place to live?

    Revesby is a delightful suburb that offers a harmonious blend of suburban tranquility and urban convenience, making it a fantastic place to live. Known for its welcoming community and family-friendly environment, Revesby provides a comfortable lifestyle with a variety of amenities. The suburb boasts a charming mix of residential areas, bustling shopping precincts, and recreational spaces, ensuring that residents have everything they need close at hand. With a range of cafes, restaurants, and retail outlets, there's always something to explore, catering to diverse tastes and preferences.

    Families will find Revesby particularly appealing due to its excellent schools and abundance of parks, providing ample opportunities for outdoor activities and quality family time. The suburb's strong community spirit is evident in its well-maintained public spaces and active local groups, fostering a sense of belonging among residents. Safety is generally not a major concern, contributing to the suburb's appeal for families and professionals alike.

    However, living in Revesby does come with some trade-offs. While it offers a peaceful suburban lifestyle, those seeking the vibrant nightlife and cultural attractions of the inner city may find it a bit quieter. Additionally, while the suburb is well-connected by public transport, the commute to the CBD can be time-consuming during peak hours. Despite these minor drawbacks, Revesby's balanced lifestyle, community feel, and convenient amenities make it a highly desirable place to call home for families and individuals seeking a serene yet connected environment.

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  • Is it expensive to live in Revesby?

    Living in Revesby can be quite costly, especially when considering the current property market. The median house price in Revesby is around $1,697,500, which is significantly high compared to many other suburbs. Additionally, renting a house in Revesby averages about $950 per week, while units are somewhat more affordable at $605 per week. These figures indicate that housing costs in Revesby are on the higher side.

    When we look at the income side of things, the average wage in Revesby is approximately $63,000 per year, which translates to a weekly income of about $1,211. This is below the median total household income in the area, which is $1,844 per week. Comparing this to the average wage in New South Wales, Revesby's average income might make it challenging for individuals to comfortably afford the high housing costs without dedicating a large portion of their earnings to housing expenses.

    Overall, if you are thinking of living in Revesby, it's important to consider these financial aspects. While the suburb offers a pleasant lifestyle with its amenities and community feel, the cost of living, particularly in terms of housing, may require careful financial planning to ensure it fits within your budget.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Revesby a good place to invest?

    Revesby is showing promising signs as a suburb worth considering for investment. Over the past year, the median house value in Revesby has increased by 5.1%, while units have seen a 4.4% rise. This steady growth indicates a healthy demand for properties in the area, which is a positive sign for investors looking for capital appreciation. The suburb's appeal is further enhanced by its rental market, with house rents climbing by an impressive 8.0% and unit rents by 4.3% over the same period. This suggests a strong rental demand, making it an attractive option for those seeking reliable rental income.

    Revesby's location and community amenities contribute to its investment potential. The suburb offers a balanced lifestyle with access to parks, schools, and shopping centers, appealing to families and young professionals alike. Its connectivity to major transport routes makes commuting convenient, adding to its desirability. While it may not be the fastest-growing suburb in terms of property values, Revesby's consistent growth and strong rental market make it a solid choice for investors looking for a stable and rewarding investment opportunity.

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Choose the right real estate agents in Revesby

Choosing the right real estate agent in Revesby can have a big impact on your sale. While there are 75 real estate agents working in the suburb, but just 5 of them were responsible for 37.7% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.67% to 2.28%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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