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

The median apartment in Revesby is $580,000. Including stamp duty ($20,630), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $47,696, or $3,975/month.

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

The median house in Revesby is $950,000. True first-year cost including stamp duty ($37,280), rates, insurance, maintenance, and mortgage repayments is approximately $67,498.

What is the vacancy rate in Revesby?

Revesby currently has a vacancy rate of 1.8%. Properties average 28 days on market.

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True Cost of Buying in Revesby

2212 NSW · 24km to CBD

Stable

A decision, not just a search · Revesby

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

Revesby is a well-established multicultural suburb in southwestern Sydney, located 24km from the CBD in the Canterbury-Bankstown LGA. This family-oriented community offers excellent value for money with median house prices around $950,000, significantly below Sydney's average. The suburb boasts strong transport connectivity via Revesby railway station on the T3 Bankstown Line, with the upcoming Metro conversion by 2025-2026 set to enhance accessibility further. Revesby's diverse population includes significant Lebanese, Vietnamese, and Pacific Islander communities, creating a vibrant multicultural atmosphere. The area features quality amenities including Revesby Workers' Club, Salt Pan Creek walking trails, and local shopping precincts. Housing stock is predominantly detached homes on generous blocks, making it particularly attractive to first home buyers and young families. The suburb benefits from good infrastructure including NBN connectivity, proximity to major roads like Henry Lawson Drive and Hume Highway, and ongoing urban renewal initiatives. With steady capital growth, competitive rental yields, and strong community facilities, Revesby represents an excellent entry point into the Sydney property market while maintaining the lifestyle benefits of established suburban living.

Excellent transport connectivity with direct rail access to Sydney CBDAffordable housing market compared to inner Sydney suburbsStrong multicultural community with established amenitiesFamily-friendly environment with good schools and parksUpcoming Metro conversion will significantly improve transport frequency

Market Snapshot

Median House

$950K

+8.5% 1yr

Median Apartment

$580K

+6.8% 1yr

Median Townhouse

$720K

Vacancy Rate

1.8%

28 avg DOM

Yield (Apartment)

5.1%

Yield (House)

4.2%

Auction Clearance

68%

Population

12,800

True Cost Breakdown

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

Apartment

$3,975/mo

Purchase Price

$580,000

Stamp Duty

$20,630

1st Year Total

$47,696

House

$5,625/mo

Purchase Price

$950,000

Stamp Duty

$37,280

1st Year Total

$67,498

Townhouse

$4,483/mo

Purchase Price

$720,000

Stamp Duty

$26,930

1st Year Total

$53,792

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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