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

The median apartment in Prairiewood is $520,000. Including stamp duty ($17,930), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $44,048, or $3,671/month.

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

The median house in Prairiewood is $750,000. True first-year cost including stamp duty ($28,280), rates, insurance, maintenance, and mortgage repayments is approximately $54,354.

What is the vacancy rate in Prairiewood?

Prairiewood currently has a vacancy rate of 2.1%. Properties average 32 days on market.

buyer.chat

True Cost of Buying in Prairiewood

2176 NSW · 32km to CBD

Stable

Market Intelligence

Prairiewood, NSW 2176, is a charming suburb that offers a unique blend of lifestyle and investment opportunities. With a median house price of $750,000 and a median unit price of $520,000, the area provides an affordable entry point for homebuyers and investors alike. The suburb's walkability score of 65.0/100 and schools rating of 6.0/10 indicate a moderate level of amenity and educational facilities. While the safety rating of 7.0/10 is a concern, the overall investment score of 72.0/100 and growth potential of 75.0/100 suggest a promising outlook for investors. The rental yield of 4.2% and low vacancy rate of 2.1% further reinforce the suburb's appeal. As a lifestyle destination, Prairiewood offers a relaxed atmosphere, with easy access to local parks and reserves. However, its distance of 32.0 km from the CBD may deter some commuters. Overall, Prairiewood presents an attractive opportunity for investors and homebuyers seeking a balance of affordability, lifestyle, and growth potential.

Affordable housing optionsPromising investment outlookRelaxed atmosphere and easy access to parks and reservesModerate walkability and amenityStrong rental yield and low vacancy rate

Market Snapshot

Median House

$750K

+8.5% 1yr

Median Apartment

$520K

+7.2% 1yr

Median Townhouse

$680K

Vacancy Rate

2.1%

32 avg DOM

Yield (Apartment)

5.1%

Yield (House)

4.2%

Auction Clearance

68%

Population

6,800

True Cost Breakdown

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

Apartment

$3,671/mo

Purchase Price

$520,000

Stamp Duty

$17,930

1st Year Total

$44,048

House

$4,530/mo

Purchase Price

$750,000

Stamp Duty

$28,280

1st Year Total

$54,354

Townhouse

$4,280/mo

Purchase Price

$680,000

Stamp Duty

$25,130

1st Year Total

$51,356

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.

Open Calculator