Sydney Olympic Park, NSW

Sydney Olympic Park, NSW Property Market Overview

Sydney Olympic Park, located in the heart of Sydney, NSW, is a suburb renowned for its sporting venues and parklands. Our analysis of the Sydney Olympic Park property market covers 17 years of data, encompassing 3,216 recorded sales. The current median property price (all types) in Sydney Olympic Park stands at $661,500.

Notably, the suburb presents a diverse property landscape, with a significant proportion of apartments. While the median apartment price mirrors the overall median at $661,500, the median house price is considerably higher at $396,334,400. Sydney Olympic Park offers a unique blend of urban living and recreational spaces, making it an attractive location for a variety of residents.

Living in Sydney Olympic Park, NSW

Living in Sydney Olympic Park offers a unique urban experience. The suburb is home to world-class sporting venues, extensive parklands, and a growing community. Residents can enjoy a wide range of recreational activities, from cycling and walking trails to attending sporting events and concerts.

For families, there are several schools in the surrounding areas, including Newington College (Preparatory School) and Concord High School. The suburb also benefits from excellent transport links, with Olympic Park Station providing direct access to the Sydney CBD. Shopping options include the various retail outlets within the Olympic Park precinct, and nearby Rhodes Waterside shopping centre. Sydney Olympic Park offers a vibrant and active lifestyle, appealing to those seeking a modern and convenient living environment.

Who Buys in Sydney Olympic Park?

Sydney Olympic Park primarily attracts apartment buyers, driven by the suburb's high strata percentage (99.4%) and the availability of modern apartment living. The median apartment price of $661,500 suggests that the suburb appeals to a range of buyers, including first-home buyers, young professionals, and investors. While the negative 10-year CAGR may deter some investors, others may see potential for future growth given the suburb's unique characteristics and location. Families are also drawn to the area due to its proximity to schools and parks, though houses are less common.

Market Analysis

The Sydney Olympic Park property market, according to our analysis, is currently positioned below its long-term trend, indicating that it's in undervalued territory. This cycle position reflects the current balance between supply and demand in the suburb.

While the market is considered undervalued, it's important to understand the factors contributing to this. This could include broader economic conditions, changes in buyer sentiment, or specific developments within Sydney Olympic Park itself. Understanding this cycle position is crucial for anyone analysing the potential future direction of the Sydney Olympic Park property market.

Is Sydney Olympic Park a Good Investment?

Analysing the growth patterns of Sydney Olympic Park requires careful consideration of its unique characteristics. While the 10-year CAGR is negative (-2.8%), the full-period CAGR (0.9%) suggests a more moderate growth trajectory over a longer timeframe. The current cycle position indicates that the Sydney Olympic Park property market is presently below its long-term trend.

Property values in Sydney Olympic Park are influenced by several factors, including its proximity to the Sydney CBD, its world-class sporting venues, and its extensive parklands. The high concentration of apartments also plays a significant role in shaping the market. Potential buyers should conduct thorough research and consider their individual circumstances before making any decisions regarding the Sydney Olympic Park property market.

Sydney Olympic Park Market Outlook

As of early 2026, the Sydney Olympic Park property market is positioned below its long-term trend. Recent price trends have reflected this current market cycle position. While the long-term outlook for the Sydney property market generally remains positive, potential buyers should carefully analyse the current market conditions and consider their individual investment goals when assessing opportunities in Sydney Olympic Park.

Streets & Location in Sydney Olympic Park, NSW

Sydney Olympic Park, postcode 2127, comprises 14 streets, with median prices varying across different locations. According to our data, some of the top streets by median price include FIGTREE DR, BETTY CUTHBERT AVE BUILDING A, and BETTY CUTHBERT AVE. The suburb's strategic location within Sydney, coupled with its access to major arterial roads, contributes to its desirability.

Market Dynamics

Transaction patterns in Sydney Olympic Park indicate an average settlement timeframe of 69 days. This figure represents the typical time taken for property sales to finalise. Data on quick-flips (properties resold within a short timeframe) is currently unavailable for Sydney Olympic Park. The settlement timeframe provides insights into the efficiency and liquidity of the Sydney Olympic Park property market.

Development & Density

Sydney Olympic Park is characterised by a high density of apartment buildings, with 409 buildings in total. The suburb's development is heavily skewed towards apartments, as evidenced by the strata percentage of 99.4%. This reflects the urban planning and development focus within Sydney Olympic Park, prioritising high-density residential living.

Growth & Property Mix

Historically, Sydney Olympic Park has experienced fluctuating growth rates. Over the past 10 years, the suburb has seen a compound annual growth rate (CAGR) of -2.8%. Analysing the full period of available data (17 years), the CAGR stands at 0.9%. These figures, while providing a historical perspective, do not guarantee future performance. The Sydney Olympic Park property market is heavily weighted towards apartments, with a very high percentage of strata titled properties.