Get a property report and suburb profile for any property in Revesby

Revesby is a mature, family-oriented suburb in south-west Sydney with broad tree-lined streets and pockets of newer townhouses. Its established village around the train station has shops, cafés and everyday services, and recreational reserves and sports ovals are spread through the neighbourhood. Regular T8 rail services and arterial roads make commuting straightforward, and nearby commercial and light industrial areas offer local jobs.

Families are prominent in Revesby, with couple families with children making up 50.4% of families. The suburb has 15,268 residents, a median age of 38, and most homes are owner-occupied rather than rented. Several transport and town-centre projects are planned or under way, including extra rail tracks, station parking upgrades and a town-centre improvement program. Whether Revesby suits you depends on what you want from a suburb.

On these figures, buying in Revesby sits well above local incomes at the last Census. The median house price of $1,515,000 is about 15.8 times a typical local household's annual income at the last Census (annual income = $1,844 a week × 52 = $95,888), which places purchase costs far above what households locally were earning at that Census.

Looking at rents, a house at $968 a week would take about 52.5% of a typical local household's weekly income at the last Census, a large share, while a unit at $620 a week would take about 33.6%, roughly a third and a sizeable share. If you are more interested in renting than buying, those rent shares are the most relevant numbers to consider; whether they feel 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.

Unit values in Revesby climbed 10.1% over the past year, a strong rise, while house values rose a solid 5.5%. If capital growth is your priority, the unit side has been the stronger performer this year; the house market has still shown respectable value gains but at a gentler pace.

On the income side, house rents increased 7.6% over the year, a solid rise, while unit rents edged up 4.6%, a modest gain. That means rental income for houses grew faster than their values did, whereas for units the value rise outpaced rent growth. Whether that pattern suits your goals depends on what you want from an investment and your personal 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.