True Cost of Buying in Mount Lewis
2190 NSW · 15km to CBD
Market Intelligence
Mount Lewis is a diverse, family-oriented suburb in Sydney's inner southwest, located 15km from the CBD within the Canterbury-Bankstown local government area. Known for its strong multicultural community with significant Lebanese, Vietnamese, and Chinese populations, the suburb offers excellent value for families and first-home buyers. The area features predominantly detached housing stock on generous blocks, with median house prices around $1.1-1.2 million, making it more affordable than many Sydney suburbs. Mount Lewis benefits from good transport connectivity via bus networks and proximity to Canterbury Station, plus access to quality amenities including Mount Lewis Public School, local parks, and nearby shopping precincts. The suburb has experienced steady capital growth over recent years, driven by its affordability, family appeal, and strategic location between major employment centers. Strong rental demand from young families and professionals supports healthy rental yields. The community is well-established with excellent cultural diversity, local services along Canterbury Road, and recreational facilities. Future growth prospects remain positive due to ongoing infrastructure improvements in the Canterbury-Bankstown corridor and the suburb's enduring appeal to owner-occupiers and investors seeking value in Sydney's competitive market.
Market Snapshot
Median House
$1.1M
+5.2% 1yr
Median Apartment
$650K
+4.8% 1yr
Median Townhouse
$850K
Vacancy Rate
1.8%
38 avg DOM
Yield (Apartment)
4.8%
Yield (House)
3.6%
Auction Clearance
68%
Population
8,500
True Cost Breakdown
Based on median prices · 20% deposit · 6.5% interest · 30-year term · Owner-occupier
Apartment
Purchase Price
$650,000
Stamp Duty
$23,780
1st Year Total
$51,944
House
Purchase Price
$1,150,000
Stamp Duty
$46,280
1st Year Total
$80,630
Townhouse
Purchase Price
$850,000
Stamp Duty
$32,780
1st Year Total
$61,676
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.
Community Profile
Median Income
$68,000
Median Age
38
Family Households
68%
Owner-Occupied
62%
Walkability
65/100
Public Transport
6/10
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