Question 1

Is Silverwater a nice place to live?

Accepted Answer

Silverwater is a working industrial and commercial suburb on the Parramatta River, where streets are dominated by warehouses, distribution centres and office parks and a narrow residential strip sits close to the river and main road. That gives the area a practical, daytime-business character and quieter evenings. Housing is generally modest, with older cottages and smaller-scale apartments interspersed among commercial properties. Families are a large part of the local mix, with couple families with children at 50.0% and couple families without children at 33.2%, together accounting for 83.2% of families, and renters are slightly more common than owner-occupiers.

Riverside reserves, foreshore paths and the new section of the Duck River Nature Trail provide pockets of green and a separated pedestrian and cycle path with lighting and bike racks, and further trail work has been approved to proceed. Transport proposals aim to upgrade local intersections and a government study has flagged Parramatta Road/Silverwater Road for further investigation. Nearby Wentworth Point High School serves students from Silverwater. Whether it suits you will depend on whether you want a suburb shaped by industry and logistics alongside riverside amenities and school access.

Question 2

Is it expensive to live in Silverwater?

Accepted Answer

On the figures for Silverwater, weekly rents are about $760 for houses and $550 for units, against a typical local household income of $1,875 a week at the last Census. That works out to roughly 40.5% of that income for a house and about 29.3% for a unit, so house rent would take a large share of a typical local household's weekly income while unit rent would be a moderate share. Whether that 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 Silverwater a good place to invest?

Accepted Answer

House values in Silverwater rose 11.4% over the past 12 months, a strong increase, while house rents edged up 1.3% in the same period. That means the house side has delivered most of its movement as capital growth this year, with only marginal gains to rental income.

Units moved the other way: median unit values fell 13.4% over the year, a sharp decline, and unit rents fell 2.7% modestly. In short, houses and units have diverged over the past 12 months, so which side is more relevant will depend on whether you care more about price growth or rental income and on your own 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	11.4%	-13.4%
Sold Past 3 months	6	6
Median days on market Past 12 months	66	34
Average rent Past 12 months	$760	$550
Change in rent Past 12 months	1.3%	-2.7%

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

Silverwater suburb profile

Silverwater property market performance

5 year median price trend for houses and units

Silverwater demographics

Suburbs near Silverwater

How does Silverwater compare to nearby suburbs?

Choose the right real estate agents in Silverwater

Get a head start and compare top local agents in Silverwater

Not quite ready to sell?

Suburb and property report

Digital estimate for your property

Navigate the market