True Cost of Buying in Botany

2019 NSW · 10km to CBD

Rising

Market Intelligence

Botany is a diverse inner-south suburb located 10km from Sydney CBD, characterized by its multicultural population and proximity to Sydney Airport. The suburb features a mix of older houses and modern apartment developments, with significant Greek, Chinese, and Middle Eastern communities. Botany offers excellent connectivity to the CBD via bus services and benefits from close proximity to Eastgardens shopping centre, Botany Bay National Park, and nearby beaches. The property market is dominated by units due to limited house stock, with airport proximity creating both convenience and noise considerations. The suburb attracts young professionals, families, and frequent travelers seeking affordable housing with good transport links. Industrial zoning in parts of the area affects residential development opportunities. Botany's strengths include its cultural diversity, transport accessibility, shopping amenities, and recreational facilities, while challenges include aircraft noise, limited parking, and traffic congestion on major roads.

Excellent bus connectivity to Sydney CBDClose proximity to Sydney Airport for frequent travelersDiverse multicultural community with rich cultural offeringsAccess to quality shopping at Eastgardens and WestfieldNear Botany Bay National Park and beaches

Market Snapshot

Median House

$1.4M

+8.2% 1yr

Median Apartment

$720K

+6.8% 1yr

Median Townhouse

$980K

Vacancy Rate

2.1%

32 avg DOM

Yield (Apartment)

4.8%

Yield (House)

3.2%

Auction Clearance

72%

Population

12,800

True Cost Breakdown

Based on median prices · 20% deposit · 6.5% interest · 30-year term · Owner-occupier

Apartment

$4,683/mo

Purchase Price

$720,000

Stamp Duty

$26,930

1st Year Total

$56,192

House

$7,814/mo

Purchase Price

$1,350,000

Stamp Duty

$56,660

1st Year Total

$93,762

Townhouse

$5,797/mo

Purchase Price

$980,000

Stamp Duty

$38,630

1st Year Total

$69,560

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Community Profile

Median Income

$78,000

Median Age

36

Family Households

58%

Owner-Occupied

62%

Walkability

75/100

Public Transport

8/10

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