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 an appealing choice for families and professionals seeking a balanced suburban lifestyle.
Revesby property market performance
Revesby's property market has shown robust growth over the past 12 months, with house values increasing by 12.5% and unit values rising by 11.2%. The median house price over the past three months has averaged $1.56 million, while units have averaged $960,000, indicating strong demand across both property types.
Sales activity has been active, with 59 houses and 21 units sold in the past three months. Properties are moving quickly, with houses spending a median of 25 days on the market and units just 22 days, reflecting a competitive market environment.
Revesby's rental market has also experienced growth, with average rents for houses increasing by 6.2% and units by 3.4% over the last 12 months, suggesting a steady demand for rental properties in the area.
Median price - houses$1.57MPast 3 months
Median price - units$980KPast 3 months
Change in value - houses14.1%12 months
Change in value - units5.5%12 months
Houses sold56Past 3 months
Units sold21Past 3 months
Median DOM - houses25Past 12 months
Median DOM - units23Past 12 months
Average rent - houses$865Past 12 months
Average rent - units$620Past 12 months
Change in rent - houses8.1%Past 12 months
Change in rent - units5.1%Past 12 months
Revesby demographics
Revesby, located in the southwestern suburbs of Sydney, is a family-friendly area known for its community-oriented atmosphere and convenient amenities. With a population of 15,268 and a median age of 38, Revesby attracts a mix of families, professionals, and long-term residents who appreciate its suburban charm and accessibility to the city. The suburb's median total household income of $1,844 per week reflects a stable economic environment, appealing to those seeking a balanced lifestyle.
Family life is a significant aspect of Revesby, with 50.4% of households being couple families with children, highlighting its appeal to those raising families. Additionally, 28.2% of households are couple families without children, and 19.7% are one-parent families, indicating a diverse family structure within the community. The presence of various parks, schools, and recreational facilities further enhances its attractiveness to families.
In terms of housing, Revesby offers a mix of ownership and rental options. Approximately 30.1% of properties are owned outright, while 33.0% are owned with a mortgage, reflecting a stable homeownership market. Meanwhile, 36.9% of properties are rented, providing flexibility for those not ready to commit to buying. This balance of ownership and rental opportunities makes Revesby an appealing choice for both long-term residents and newcomers looking for a welcoming community with easy access to Sydney's broader metropolitan area.
Revesby infrastructure, key developments and investment opportunities
Revesby is undergoing significant development that is likely to impact the local property market. The $1 billion redevelopment of Revesby Workers' Club, including a new multi-level car park and supermarket, is enhancing local amenities and accessibility. A major upgrade to Revesby train station has improved public transport, with more express services now available on the T8 airport line.
The suburb's commercial center is expanding, with new retail and dining options being added around Marco Avenue and Selems Parade. These developments, along with Revesby's proximity to Georges River and multiple schools, are likely to increase the area's appeal to families and investors. The ongoing infrastructure improvements position Revesby as an emerging growth suburb in Sydney's southwest region.
Revesby rental market trends
The rental market in Revesby has experienced moderate growth, with house rents increasing 6.2% over the past year to $850 per week, while unit rents have risen 3.4% to $610 per week. With its convenient location and ongoing development, Revesby continues to attract renters and investors seeking stable returns in a well-connected suburb.
Suburbs near Revesby
Some popular suburbs near Revesby include: