What is the true cost of buying an apartment in Kogarah Bay?

The median apartment in Kogarah Bay is $950,000. Including stamp duty ($37,280), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $70,148, or $5,846/month.

What does it really cost to buy a house in Kogarah Bay?

The median house in Kogarah Bay is $1,850,000. True first-year cost including stamp duty ($84,160), rates, insurance, maintenance, and mortgage repayments is approximately $126,610.

What is the vacancy rate in Kogarah Bay?

Kogarah Bay currently has a vacancy rate of 1.8%. Properties average 30 days on market.

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True Cost of Buying in Kogarah Bay

2217 NSW · 14km to CBD

Stable

Market Intelligence

Kogarah Bay is a premium waterfront suburb located 14km south of Sydney CBD in the sought-after St George region. This small, exclusive residential enclave offers direct access to Kogarah Bay and Georges River, creating a unique lifestyle opportunity with waterfront living close to urban amenities. The suburb is characterized by a mix of original post-war homes and modern renovated properties, with limited housing stock maintaining strong property values. Residents enjoy proximity to Kogarah town center with its shopping, dining, and transport links, while benefiting from nearby quality schools and St George Hospital. The area features excellent recreational opportunities including Carss Park and Carss Bush Park, along with boating and water activities. Demographics show an established community with higher median age and income levels, reflecting the suburb's premium positioning. The property market remains stable with moderate growth, supported by consistent demand for waterfront properties and limited supply. Transport connectivity is strong via Kogarah railway station on the T4 line, providing direct CBD access.

Premium waterfront location with direct bay accessLimited housing stock maintaining exclusivity and valueExcellent transport connectivity via Kogarah stationProximity to quality amenities in Kogarah town centerStrong recreational opportunities with parks and water activities

Market Snapshot

Median House

$1.9M

+6.2% 1yr

Median Apartment

$950K

+4.8% 1yr

Median Townhouse

—

Vacancy Rate

1.8%

30 avg DOM

Yield (Apartment)

4.2%

Yield (House)

2.8%

Auction Clearance

72%

Population

850

True Cost Breakdown

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

Apartment

$5,846/mo

Purchase Price

$950,000

Stamp Duty

$37,280

1st Year Total

$70,148

House

$10,551/mo

Purchase Price

$1,850,000

Stamp Duty

$84,160

1st Year Total

$126,610

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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