What is the true cost of buying an apartment in Condell Park?

The median apartment in Condell Park is $620,000. Including stamp duty ($22,430), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $50,120, or $4,177/month.

What does it really cost to buy a house in Condell Park?

The median house in Condell Park is $890,000. True first-year cost including stamp duty ($34,580), rates, insurance, maintenance, and mortgage repayments is approximately $63,550.

What is the vacancy rate in Condell Park?

Condell Park currently has a vacancy rate of 1.8%. Properties average 28 days on market.

buyer.chat

True Cost of Buying in Condell Park

2200 NSW · 25km to CBD

Rising

A decision, not just a search · Condell Park

Does the lower estimated monthly cost make a property the better buy?

Only under the assumptions entered—and cost is not the whole decision. This model compares scenarios, not lender approval, building condition or personal suitability. Replace defaults with current quotes and documents, then test whether the cost remains manageable when circumstances change.

Questions that could change the answer

Which costs are current supplied figures, and which are model defaults?
What happens to your buffer if interest, repairs or vacancy costs rise?
What finance, contract or inspection condition remains unresolved before an offer?

Evidence to obtain—not yet verified here

Current lender terms and approval conditions, not only a borrowing estimate.
Dated levy notices, rates, insurance quotes and maintenance information.
Contract advice, inspection findings and comparable sales evidence.

Other options: Lower the price limit, compare another property or wait for critical checks. A favourable model result is not a recommendation to make an unconditional offer.

Next action: Re-run the existing calculator with documented inputs, then agree your conditions and walk-away point with the relevant professionals.

When to revisit: Revisit when any input, approval condition, price or property finding changes.

General decision guidance—not a property assessment, personal recommendation or verified client result. Dates on surrounding market content apply to that content, not to checks on your property.

Take this question to a review

The question and suggested checks are prefilled for you to edit. No enquiry is sent until you submit and consent.

Market Intelligence

Condell Park is a culturally diverse, family-oriented suburb in Sydney's Canterbury-Bankstown region, approximately 25km southwest of the CBD. The area is characterized by predominantly detached housing on generous blocks, making it particularly attractive to first home buyers and young families seeking affordability without sacrificing space. The suburb boasts a strong multicultural community with significant Lebanese, Vietnamese, and Pacific Islander populations, creating a vibrant local culture with diverse dining and community networks. Property values have demonstrated steady growth over the past five years, supported by the area's relative affordability compared to inner Sydney suburbs. The local infrastructure includes quality educational facilities like Condell Park High School and several primary schools, while residents benefit from proximity to Bankstown Central for major shopping and entertainment. Transport connectivity is facilitated through comprehensive bus services linking to Bankstown and Liverpool, with Bankstown railway station providing CBD access within 3-4km. The suburb offers excellent family amenities including parks, sporting grounds, and recreational facilities, while planned infrastructure improvements promise enhanced connectivity and development opportunities.

Strong cultural diversity creating vibrant community networksAffordable housing options with predominantly detached homes on large blocksExcellent educational facilities including well-regarded high schoolClose proximity to Bankstown Central shopping and entertainment precinctGood transport connectivity via bus services to major hubs

Market Snapshot

Median House

$890K

+8.2% 1yr

Median Apartment

$620K

+6.8% 1yr

Median Townhouse

$750K

Vacancy Rate

1.8%

28 avg DOM

Yield (Apartment)

4.5%

Yield (House)

3.8%

Auction Clearance

68%

Population

8,500

True Cost Breakdown

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

Apartment

$4,177/mo

Purchase Price

$620,000

Stamp Duty

$22,430

1st Year Total

$50,120

House

$5,296/mo

Purchase Price

$890,000

Stamp Duty

$34,580

1st Year Total

$63,550

Townhouse

$4,634/mo

Purchase Price

$750,000

Stamp Duty

$28,280

1st Year Total

$55,604

Run Your Own Numbers

These are median figures. Plug in the actual property you're looking at to see your real all-in cost — including first-home concessions, investment deductions, or different deposit amounts.

Open Calculator