What is the true cost of buying an apartment in Kempsey?

The median apartment in Kempsey is $285,000. Including stamp duty ($8,145), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $29,792, or $2,483/month.

What does it really cost to buy a house in Kempsey?

The median house in Kempsey is $385,000. True first-year cost including stamp duty ($11,855), rates, insurance, maintenance, and mortgage repayments is approximately $30,389.

What is the vacancy rate in Kempsey?

Kempsey currently has a vacancy rate of 1.8%. Properties average 45 days on market.

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True Cost of Buying in Kempsey

2440 NSW · 430km to CBD

Stable

A decision, not just a search · Kempsey

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.

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Market Intelligence

Kempsey is a regional town on NSW's Mid North Coast, serving as the administrative center of Kempsey Shire Council approximately 430km north of Sydney. The town offers an affordable coastal lifestyle with access to pristine beaches including South West Rocks and Hat Head National Park, alongside the recreational opportunities of the Macleay River. With a significant Aboriginal population and the Dunghutti people as traditional custodians, Kempsey maintains strong cultural heritage. The property market remains highly affordable compared to major NSW cities, experiencing moderate growth following regional trends post-COVID. The community benefits from essential services including hospitals, schools, and shopping centers, with a strong events calendar featuring agricultural shows and cultural festivals. While transport connectivity relies primarily on the Pacific Highway and limited public transport options, the town's proximity to beaches and rivers positively influences lifestyle appeal and property values. The area experiences population fluctuations due to seasonal work and tourism, with a median age typically higher than the NSW average due to retiree migration to coastal areas.

Highly affordable property market compared to major NSW citiesExcellent access to beaches and coastal recreation including South West RocksStrong cultural heritage with significant Aboriginal communityEssential services including hospital, schools, and shopping facilitiesRecreational opportunities along Macleay River for fishing and boating

Market Snapshot

Median House

$385K

+8.5% 1yr

Median Apartment

$285K

+7.8% 1yr

Median Townhouse

$335K

Vacancy Rate

1.8%

45 avg DOM

Yield (Apartment)

5.4%

Yield (House)

4.8%

Auction Clearance

65%

Population

12,500

True Cost Breakdown

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

Apartment

$2,483/mo

Purchase Price

$285,000

Stamp Duty

$8,145

1st Year Total

$29,792

House

$2,532/mo

Purchase Price

$385,000

Stamp Duty

$11,855

1st Year Total

$30,389

Townhouse

$2,536/mo

Purchase Price

$335,000

Stamp Duty

$9,895

1st Year Total

$30,428

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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