Stickybeak

Silverwater 2128 suburb insights

Located in the Parramatta council area, Silverwater (2128) is one of greater Sydney's residential suburbs covered by Stickybeak's property analysis tool. The 16 data cards on this page address four questions every buyer should ask: whether you can afford the suburb (median prices, rental yield, first home buyer schemes), what life would be like there (schools, childcare, walkability, commute to the CBD), whether there are any dealbreakers (flood risk, bushfire zones, air quality, traffic), and how Silverwater is likely to change over time (development pipeline, price trajectory, demographics). Data is drawn from NSW Planning, Transport for NSW, the ABS, and other authoritative government sources. Use the sticky navigation bar at the top to move directly between sections.

Last refreshed April 2026 (most cards). Per-card sources show exact dates.

All data has limits. See our data caveats.

Affordability

Can I afford Silverwater?

Can I afford Silverwater?

Serviceability check

What would a typical mortgage look like in Silverwater? Based on the suburb median of $699,000 (units) and the local median household income.

Monthly repayment
$3,450/mo

6.3% variable · Apr 2026

Repayment-to-income
42.5%

Tight

Loan assumptions
$559,200 loan
20% deposit ($139,800)
30-year P&I

Repayments here would take 42% of the typical local household's gross income. Possible, but tight.

Repayment burden vs Sydney median income
Silverwater42.5%
Sydney median income38.5%
30% stress line

Assumes a 20% deposit and a 30-year P&I owner-occupier loan at the current Sydney variable rate. Your actual rate, deposit, and income will differ.

Sources: RBA Table F6 (rate), ABS Census 2021 G02 (income), suburb median sale.
Can I afford Silverwater?

Rental market in Silverwater

Median weekly rent from lodged bonds. Sep 2025. Bond count suppressed by DCJ (30 or fewer lodgements this quarter).

Rents here are below the Sydney median. That means lower holding costs if you buy and rent out, or more savings while you rent and search.

Median weekly rent · Unit · 1 bed
Small sample
$420per week
Sep 2025 · bond count suppressed
Quarterly trend · last 12 quarters
Dec 22: data suppressed (fewer than 10 bonds lodged)?Mar 23: data suppressed (fewer than 10 bonds lodged)?Jun 23: data suppressed (fewer than 10 bonds lodged)?Sep 23: data suppressed (fewer than 10 bonds lodged)?Dec 23: $490 per week (bond count suppressed)Mar 24: data suppressed (fewer than 10 bonds lodged)?Jun 24: data suppressed (fewer than 10 bonds lodged)?Sep 24: data suppressed (fewer than 10 bonds lodged)?Dec 24: $410 per week (bond count suppressed)Mar 25: $400 per week (bond count suppressed)Jun 25: data suppressed (fewer than 10 bonds lodged)?Sep 25: $420 per week (bond count suppressed)Dec 22Jun 24Sep 25

Nearby suburbs · same combination

Rydalmere2116
…
2.4 km away
Granville2142
…
2.7 km away
Ermington2115
…
3.0 km away
Auburn2144
…
3.1 km away
NSW DCJ Rental Bond Board · Sep 2025 · CC BY. Cells with 10 or fewer bond lodgements are suppressed; cells with 30 or fewer have the bond count suppressed but rent published. Figures are transacted rents, not asking rents.

Lifestyle

Silverwater Lifestyle

Source: ABS Census 2021, Postal Areas (CC BY 4.0).

Dealbreakers

Any dealbreakers?

Any dealbreakers?

Air quality in Silverwater

40
FairAQI · NSW DCCEEW
04:10 AEST
Lidcombe station · 5.3 km from centroid
12-month median: AQI 31 · Good

Air quality is acceptable but sensitive groups may notice effects.

Pollutants
nearest station
PM2.5i
8.2µg/m³
24-hr avg
PM10i
19.8µg/m³
24-hr avg
NO₂i
1.1pphm
1hr reading
AQI · last 12 months · daily mean
Lidcombe station · 365 daily points
Source: NSW DCCEEW Air Quality API (CC BY 4.0). Historical data updated weekly; live readings cached 60 minutes.
View dealbreakers as a standalone report →

Change

How might Silverwater change?

DEVELOPMENT PIPELINE · NSW PLANNING PORTAL · 2128

What’s in the pipeline

NSW Planning Portal feed paused at the source for postcode 2128. Expected back by Q3 2026.

NSW PLANNING PORTAL
How might Silverwater change?

Investor activity in Silverwater

2128 · ATO Taxation Statistics · ~18-month lag
Source: ATO Taxation Statistics (CC BY 2.5 AU).

What to do next

Three steps to move from research to action.

1
Get pre-approved

Know your budget before you inspect. A pre-approval letter strengthens your offer.

Read our guides
2
Set a listings alert

See new listings in Silverwater under the median ($1,575,000).

Search on Domain
3
Join the contract-review waitlist

Have your Section 66W reviewed before you sign.

Join the waitlist

Track Silverwater.

Get one email when Silverwater's prices, FHB eligibility, or strata health change. No newsletter, no upsell, unsubscribe with one click.

Compare Silverwater with another suburb

Also in Parramatta

Comparing suburbs in the same area can sharpen your decision. Browse suburb insights for other Parramatta postcodes, or explore the full Parramatta suburb index.

Carlingford 2118Dundas 2117Ermington 2115Harris Park 2150

Frequently asked questions

What suburb is postcode 2128?
Silverwater is the primary suburb with postcode 2128 in New South Wales. In some cases multiple suburbs share the same postcode — Silverwater is the main locality.
Which local government area is Silverwater in?
Silverwater (2128) is located in the Parramatta local government area in New South Wales.
What data does Stickybeak show for Silverwater?
Stickybeak shows 16 data cards for Silverwater (2128) covering affordability (median sale prices, rental yield, first home buyer eligibility), lifestyle (schools, childcare, walkability, commute times), risk factors (flood zones, bushfire prone land, air quality, traffic volume), and suburb growth signals (development pipeline, price trajectory, demographics).
Is Silverwater flood prone?
Flood risk varies street by street in Silverwater. Check the Dealbreakers section on this page for the latest NSW flood zone mapping sourced from official state government data. Always verify at the property level with a Section 10.7 certificate before purchasing.
What are the best schools near Silverwater?
The Schools card on this page lists primary and secondary schools within the catchment area for Silverwater (2128), including their NAPLAN performance data and distance from the suburb centre.
Is Silverwater (2128) eligible for the First Home Buyer scheme?
The First Home Buyer eligibility card on this page shows which NSW and federal government schemes — including the First Home Guarantee, stamp duty exemptions, and the First Home Super Saver scheme — apply to purchases in Silverwater (2128). Eligibility depends on the purchase price and your individual circumstances.
How is Silverwater changing?
The Change section on this page covers new housing supply from the development pipeline, historical price trajectory, and demographic shifts for Silverwater (2128) using data from NSW Planning, the ATO, and the ABS.

Explore Silverwater in depth

Dig deeper into specific topics for Silverwater 2128: see flood risk, schools, walkability, and rental market as standalone pages. Or browse the full Parramatta suburb index to compare nearby options.