Rent in Silverwater (2128)
The median new lease in 2128 was $638 a week in January–September 2026, from 70 leases lodged with NSW Fair Trading. That is 20% below the Sydney median of $800, and 26th cheapest of 218 Sydney postcodes.
Rent by type of home
Houses lease for a median $700 a week here and units for $560. Only home types with at least 10 new leases in January–September 2026 are shown.
| Home | Median rent ($/wk) | New leases |
|---|---|---|
| Studio unit | $450 | 11 |
| 1-bedroom unit | $515 | 19 |
| 2-bedroom unit | $720 | 17 |
How rent has changed since 2021
Over the past year it rose 10%, against a 7% rise across Sydney.
How much of a local wage the rent takes
A year of rent at the median takes 44% of one average local wage of $74,487, compared with 46% across Sydney. That is the 107th heaviest burden of 218 Sydney postcodes, below the city average. Housing costs above 30% of income are widely treated as housing stress; a household with two average wages would spend about 22%.
Wage: average salary and wages of all residents of 2128 in ATO Taxation Statistics 2023–24, indexed to 2026 with the NSW Wage Price Index. Renters usually earn less than the average resident, so the real burden for renters is likely higher.
Getting your bond back
Of the 73 bonds refunded in 2128 in January–September 2026, 60% went back to the tenant in full and 12% went entirely to the landlord or agent. Across Sydney the figures are 63% and 12%, so tenants here are less likely than average to get their whole bond back (rank 142 of 214, where 1 is the highest full-refund rate).
The median bond was held for 809 days, about 27 months, compared with 575 days across Sydney. Bond records don't say why money went to the landlord: it can cover damage, cleaning or unpaid rent.
Compared with the region and Sydney
2128 is in the Parramatta region, where the median new lease is $710 a week.
| Median rent | 5-yr change | Rent burden | Full bond back | |
|---|---|---|---|---|
| 2128 | $638 | – | 44% | 60% |
| Parramatta | $710 | +61% | 47% | 55% |
| Greater Sydney | $800 | +60% | 46% | 63% |
Other postcodes in Parramatta
- 2115 Ermington$800
- 2116 Rydalmere$700
- 2117 Dundas and Dundas Valley$750
- 2127 Homebush Bay and Newington$820
- 2141 Berala and Lidcombe$790
- 2142 Blaxcell and Camellia$630
- 2143 Birrong and Potts Hill$680
- 2144 Auburn and Auburn South$700
- 2145 Constitution Hill and Girraween$670
- 2146 Old Toongabbie and Toongabbie$660
- 2150 Harris Park and Parramatta$700
- 2151 North Parramatta and North Rocks$675
- 2152 Northmead$650
- 2153 Baulkham Hills and Bella Vista$830
- 2160 Merrylands and Merrylands West$650
- 2161 Guildford and Guildford West$630
- 2162 Chester Hill and Sefton$700
- 2163 Carramar and Lansdowne$580
- 2197 Bass Hill$800
Source: NSW Fair Trading rental bond data (new leases and bond refunds, 2021–2026); ATO Taxation Statistics 2023–24. See the methodology for how these figures are calculated.