Quakers Hill vs RiverstoneTwo Sydney suburbs compared for a home loan
Quakers Hill (NSW 2763) is approximately 38 km north-west of the Sydney CBD, on the T1 line. Riverstone (NSW 2765) is approximately 45 km north-west of the Sydney CBD, on the T1 line. At the 2021 Census, Quakers Hill had 27,893 residents with a median age of 35, and Riverstone had 8,627 residents with a median age of 32.
In both suburbs the most common occupied dwelling was separate houses. Flats and apartments made up 3% of occupied dwellings in Quakers Hill and 1% in Riverstone, while 30% of Quakers Hill households rented compared with 35% in Riverstone. These differences matter for finance, because lenders assess apartments, strata buildings and houses on land differently.
Both suburbs are in the same state, so transfer duty is calculated on the same scale and the difference in upfront cost comes from the purchase price. The panel below applies that scale, and an estimate of lenders mortgage insurance, to the prices you enter.
NSW 2763 · North-west growth corridor
Quakers Hill
Quakers Hill is an established Blacktown suburb of 27,893 residents where townhouses hold 25.5 per cent of homes and 46.8 per cent hold a mortgage.
Blacktown. Approximately 38 km north-west of the Sydney CBD, on the T1 line.
Read the full Quakers Hill guideNSW 2765 · North-west growth corridor
Riverstone
Riverstone is an older Blacktown township now surrounded by growth corridor development, 94.5 per cent detached houses with only 27 apartments.
Blacktown. Approximately 45 km north-west of the Sydney CBD, on the T1 line.
Read the full Riverstone guide
What buying in Quakers Hill and Riverstone would mean for the loan
The difference between two suburbs is usually a difference in price, and price drives the deposit, the transfer duty, any lenders mortgage insurance and the repayment. Enter the prices you are seeing and the panel works out each of those for Quakers Hill and Riverstone.
Your prices and deposit
Enter the price you are seeing in each suburb. BorrowWise does not quote prices, so the comparison uses yours.
Enter a price for Quakers Hill to see the repayment, transfer duty and upfront cash.
Enter a price for Riverstone to see the repayment, transfer duty and upfront cash.
Warning: The interest rate used here is an example only. It is not a comparison rate and is not a rate offered by any lender, and it does not include fees and charges. Different rates, terms, fees or loan amounts will give a different result.
Estimates only. Repayments assume a principal and interest loan at a constant rate, which is an assumption and not a current market rate. Transfer duty is indicative for established homes, first home buyer relief depends on eligibility, and upfront cash includes an allowance of $3,000 for conveyancing and inspections. Lenders mortgage insurance is an estimate and is added to the loan. A lender makes its own assessment.
Quakers Hill and Riverstone: Census profile compared
Figures are from the 2021 Census, so rents, repayments and incomes have moved since. They are most useful for comparing one suburb with another and with Australia as a whole.
| Measure | Quakers Hill | Riverstone |
|---|---|---|
| People and households | ||
| Residents | 27,893 | 8,627 |
| Median ageAustralia 38 | 35 | 32 |
| Average household sizeAustralia 2.5 | 3.1 | 2.9 |
| Median household income, weeklyAustralia $1,746 | $2,310 | $2,138 |
| Housing costs at the 2021 Census | ||
| Median rent, weeklyAustralia $375 | $450 | $450 |
| Median mortgage repayment, monthlyAustralia $1,863 | $2,300 | $2,513 |
| Who owns and who rents | ||
| Households rentingAustralia 31% | 30% | 35% |
| Owned with a mortgageAustralia 35% | 47% | 45% |
| Owned outrightAustralia 31% | 23% | 19% |
| Types of home | ||
| Separate housesAustralia 72% | 71% | 94% |
| Townhouses, terraces and semi-detachedAustralia 13% | 25% | 4% |
| Flats and apartmentsAustralia 14% | 3% | 1% |
| Homes with two bedrooms or fewer | 7% | 9% |
| Homes with four bedrooms or more | 45% | 50% |
| Dwellings unoccupied on Census night | 4% | 5% |
Source: Australian Bureau of Statistics, 2021 Census (CC BY 4.0). Tenure shares exclude households that did not state their tenure. Dwelling shares are of occupied private dwellings.
Home loan considerations in Quakers Hill and Riverstone
Lenders treat houses on land, townhouses and apartments differently, and some apply extra conditions to small apartments, high-density buildings or particular postcodes. These are the points each guide raises.
Quakers Hill
- First home buyers
- Upgraders
- Investors
- Established townhouse complexes warrant close review of sinking fund adequacy.
- A special levy for major works is a realistic prospect in an older scheme.
- Single-development exposure limits apply to any particular townhouse complex.
- A lender assesses the applicants' income, not the whole household's.
- Outright ownership is far higher here than in the newer estates nearby.
Riverstone
- First home buyers
- Upgraders
- Investors
- Housing spans a wide range of ages, so comparisons should come from similar stock.
- The lowest income of this group sits alongside above-median repayments.
- No vendor building report is required, which matters given the mixed housing age.
- Some lenders apply postcode-based limits to high LVR lending in growth corridors.
- There is effectively no attached market, with only 27 apartments in the suburb.
Housing stock in Quakers Hill and Riverstone compared
Quakers Hill
- Detached houses
- Separate houses numbered 6,155 at the 2021 Census, 71.2 per cent of occupied homes.
- Townhouses
- At 2,202 dwellings, or 25.5 per cent of occupied homes, double the national share.
- Three and four bedroom homes
- At the 2021 Census, 4,060 dwellings had three bedrooms and 3,240 had four.
Riverstone
- Detached houses of mixed age
- Separate houses numbered 2,642 at the 2021 Census, 94.5 per cent of occupied homes.
- Three and four bedroom homes
- At the 2021 Census, 1,144 dwellings had four bedrooms and 1,109 had three.
- Negligible attached stock
- Only 108 townhouse dwellings and 27 flats were counted at the 2021 Census.
Official sale price and rent figures for Quakers Hill and Riverstone
Only figures published free of charge by a government agency are shown. Where none is published the space is left empty rather than filled with an estimate. Each guide charts the full series.
Quakers Hill
No government agency publishes a free median sale price or rent series for Quakers Hill, so none is shown. A broker can supply recent comparable sales for a specific property as part of a free assessment.
Riverstone
No government agency publishes a free median sale price or rent series for Riverstone, so none is shown. A broker can supply recent comparable sales for a specific property as part of a free assessment.
Transport, schools and amenities in Quakers Hill and Riverstone
Quakers Hill
Transport
- Quakers Hill Station (train)
- Sydney buses (bus)
- M7 Motorway (road)
Amenities
- Quakers Hill local shops
- Blacktown town centre
- Quakers Hill parklands
Riverstone
Transport
- Riverstone Station (train)
- Sydney buses (bus)
- Richmond Road (road)
- M7 Motorway (road)
Amenities
- Riverstone local shops
- Rouse Hill Town Centre
- Riverstone parklands
School listings show name, level and sector only. Enrolment areas change, so confirm eligibility for a specific address with the school or the New South Wales education department.
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Request a free assessment: Quakers Hill or Riverstone
An accredited mortgage broker can check your borrowing power against prices in Quakers Hill and Riverstone, and explain how lenders treat the homes you are considering. The assessment is free of charge and carries no obligation.