What is the true cost of buying an apartment in Kangaroo Point?

The median apartment in Kangaroo Point is $850,000. Including stamp duty ($32,780), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $64,076, or $5,340/month.

What does it really cost to buy a house in Kangaroo Point?

The median house in Kangaroo Point is $1,650,000. True first-year cost including stamp duty ($73,160), rates, insurance, maintenance, and mortgage repayments is approximately $113,466.

What is the vacancy rate in Kangaroo Point?

Kangaroo Point currently has a vacancy rate of 1.8%. Properties average 42 days on market.

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True Cost of Buying in Kangaroo Point

2224 NSW · 24km to CBD

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Market Intelligence

Kangaroo Point is a prestigious suburb in New South Wales, offering a unique blend of natural beauty, convenience, and exclusivity. With a median house price of $1,650,000 and a median unit price of $850,000, this suburb is firmly positioned in the luxury market. The population of 1,200 residents enjoys a high median income of $95,000, reflecting the suburb's affluent demographic. The walkability score of 55.0/100 indicates a moderate level of pedestrian-friendly infrastructure, while the schools rating of 8.0/10 and safety rating of 9.0/10 make it an attractive option for families. Although the distance to the CBD is 24.0 km, the investment score of 76.0/100 and growth potential of 78.0/100 suggest a promising outlook for investors. The rental yield of 3.2% and low vacancy rate of 1.8% further support the suburb's appeal as a rental destination. Overall, Kangaroo Point presents a compelling opportunity for investors and homeowners seeking a high-end lifestyle with strong potential for long-term growth.

High median income and affluent demographicExcellent schools rating and safety recordStrong investment score and growth potentialLow vacancy rate and attractive rental yieldNatural beauty and exclusivity

Market Snapshot

Median House

$1.6M

+5.2% 1yr

Median Apartment

$850K

+4.8% 1yr

Median Townhouse

—

Vacancy Rate

1.8%

42 avg DOM

Yield (Apartment)

4.1%

Yield (House)

3.2%

Auction Clearance

72%

Population

1,200

True Cost Breakdown

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

Apartment

$5,340/mo

Purchase Price

$850,000

Stamp Duty

$32,780

1st Year Total

$64,076

House

$9,456/mo

Purchase Price

$1,650,000

Stamp Duty

$73,160

1st Year Total

$113,466

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.

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