Wareemba suburb profile
Wareemba is a charming and small suburb nestled in Sydney's Inner West, offering a peaceful residential atmosphere with a close-knit community feel. Located approximately 10km from the Sydney CBD, Wareemba is known for its leafy streets, well-maintained homes, and local village vibe. The suburb provides convenient access to nearby waterfront parks and the bustling shopping and dining precincts of neighbouring suburbs like Five Dock and Abbotsford. With its serene environment and proximity to the Parramatta River, Wareemba is an attractive choice for families and professionals seeking a tranquil yet connected lifestyle.
Wareemba property market performance
Current median dwelling price$2,148,750.5Past 3 months
Wareemba’s property market has seen a rise in house values by 7.2% over the past 12 months, although no median price is available. The unit market has remained stable with no changes in median value. Over the past three months, only 5 houses have been sold, with no unit sales recorded. Houses are spending an average of 61 days on the market.
The rental market in Wareemba shows a significant increase in house rents, rising by 12.9% to an average of $1050 over the last year. However, the unit rental market remains inactive with no changes reported.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | N/A | N/A |
Change in value Past 12 months | 7.2% | N/A |
Sold Past 3 months | 5 | N/A |
Median days on market Past 12 months | 61 | N/A |
Average rent Past 12 months | $1050 | N/A |
Change in rent Past 12 months | 12.9% | N/A |
5 year median price trend for houses and units
Wareemba demographics
Wareemba, a charming suburb in Sydney's Inner West, offers a serene and family-friendly environment. With a population of 1,519, it is a close-knit community that enjoys the benefits of suburban living while being conveniently located near the city. The median age of 43 suggests a mature population, with many residents likely to be established professionals and families who appreciate the suburb's peaceful atmosphere and proximity to amenities.
The suburb's housing landscape is characterized by a significant proportion of homeownership, with 42.2% of properties owned outright and 28.8% owned with a mortgage. This indicates a stable community with long-term residents who have invested in the area. The rental market, comprising 29% of properties, provides options for those seeking flexibility, including young families and professionals.
Family life is a central aspect of Wareemba, with 48.8% of households being couple families with children, and 34.2% being couple families without children. The presence of one-parent families at 14.2% and other family types at 2.8% adds to the suburb's diverse family dynamics. The median total household income of $2,294 per week reflects a relatively affluent community, likely benefiting from the area's desirable location and quality of life.
Wareemba infrastructure, key developments and investment opportunities
There are currently no widely reported major infrastructure or redevelopment projects specific to Wareemba that are expected to significantly alter the suburb’s property market in the short term. Wareemba continues to benefit from its established position on the Parramatta River and proximity to neighbouring hubs such as Five Dock and Abbotsford, which provide access to shops, cafes, and services that support ongoing buyer demand.[4][5]
Existing bus routes linking Wareemba with the Sydney CBD and nearby train lines, along with broader Inner West improvements, help maintain good connectivity, underpinning the suburb’s appeal for commuters.[5] Any future uplift in amenities and transport in surrounding Inner West suburbs is likely to have a flow-on effect, supporting property values and livability in Wareemba even in the absence of large suburb-specific projects.[4][5]
Wareemba rental market trends
In Wareemba, the rental market has experienced significant growth, with house rents increasing by 12.9% over the past year to $1,050 per week. However, there is no data on unit rents, as indicated by the 0% change. This coastal suburb continues to be a desirable location for those seeking spacious living with easy access to Sydney's amenities.
Suburbs near Wareemba
Some popular suburbs near Wareemba include:
How does Wareemba compare to nearby suburbs?
- Median house prices: Wareemba’s median house price is 10.9% higher than Abbotsford’s.
- Median unit prices: Wareemba’s median unit price is 3.0% higher than Five Dock’s.
- House price growth: Over the past 12 months, house prices in Wareemba have grown 1.9% higher than in Chiswick.
- Selling speed for houses: Properties in nearby Abbotsford are selling 31.1% faster than in Wareemba.
- Investment considerations: In Wareemba, the rental yield for house is 16.3% higher than the Sydney average, while the rental yield for units is 4.5% higher.
- House price growth: Over the past 12 months, house prices in Wareemba have grown 52.3% higher than the average rate of growth across Sydney.
- Unit price growth:Over the past 12 months, unit prices in Wareemba have grown 55.7% higher than the average rate of growth for units across Sydney.

