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

The median apartment in Kingsgrove is $680,000. Including stamp duty ($25,130), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $53,756, or $4,480/month.

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

The median house in Kingsgrove is $1,350,000. True first-year cost including stamp duty ($56,660), rates, insurance, maintenance, and mortgage repayments is approximately $93,762.

What is the vacancy rate in Kingsgrove?

Kingsgrove currently has a vacancy rate of 1.8%. Properties average 32 days on market.

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True Cost of Buying in Kingsgrove

2208 NSW · 13km to CBD

Stable

Market Intelligence

Kingsgrove is a culturally diverse, family-oriented suburb located 13km south-west of Sydney CBD in the Canterbury-Bankstown LGA. With a population of 12,800 and median age of 39, it attracts young families and established residents seeking affordable housing near Sydney. The suburb features 52% overseas-born residents, creating a vibrant multicultural community with strong Greek, Chinese, and Lebanese influences. Property values have shown robust growth with median house prices at $1.28M and units at $685K, supported by excellent transport links via Kingsgrove Railway Station and M5 motorway access. The area offers good amenities including Kingsgrove Shopping Centre, quality schools, and recreational facilities, while maintaining a strong community feel with active cultural associations and local groups.

Excellent transport connectivity with direct train access to Sydney CBD (25-30 minutes)Strong multicultural community with diverse dining and cultural offeringsRobust property market performance with consistent capital growthFamily-friendly environment with quality schools and recreational facilitiesAffordable housing options compared to inner Sydney suburbs

Market Snapshot

Median House

$1.4M

+8.2% 1yr

Median Apartment

$680K

+6.8% 1yr

Median Townhouse

$950K

Vacancy Rate

1.8%

32 avg DOM

Yield (Apartment)

4.8%

Yield (House)

3.2%

Auction Clearance

72%

Population

12,500

True Cost Breakdown

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

Apartment

$4,480/mo

Purchase Price

$680,000

Stamp Duty

$25,130

1st Year Total

$53,756

House

$7,814/mo

Purchase Price

$1,350,000

Stamp Duty

$56,660

1st Year Total

$93,762

Townhouse

$5,646/mo

Purchase Price

$950,000

Stamp Duty

$37,280

1st Year Total

$67,748

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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