What is the true cost of buying an apartment in South Granville?

The median apartment in South Granville 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 South Granville?

The median house in South Granville is $850,000. True first-year cost including stamp duty ($32,780), rates, insurance, maintenance, and mortgage repayments is approximately $60,926.

What is the vacancy rate in South Granville?

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

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True Cost of Buying in South Granville

2142 NSW · 25km to CBD

Stable

A decision, not just a search · South Granville

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

South Granville is a diverse, family-oriented suburb in Western Sydney's Cumberland Council area, known for its multicultural community with significant Middle Eastern and Asian populations. Located approximately 25km from Sydney CBD, the suburb offers excellent value for money with predominantly detached housing on generous blocks. The area benefits from proximity to Granville railway station, Parramatta CBD, and major educational institutions including Granville TAFE and Western Sydney University. With a younger demographic profile driven by multi-generational households and families with children, South Granville presents strong fundamentals for both owner-occupiers and investors. The suburb's strategic location within the Parramatta growth corridor positions it well for future infrastructure development and capital growth. Local amenities include Granville Park, diverse dining options reflecting the multicultural population, and good access to shopping in nearby Granville town centre.

Excellent transport connectivity via Granville railway station and bus networksStrong multicultural community with diverse amenities and dining optionsAffordable housing options compared to inner Sydney suburbsProximity to major employment hubs including Parramatta CBDFamily-friendly environment with parks and recreational facilities

Market Snapshot

Median House

$850K

+7.2% 1yr

Median Apartment

$580K

+6.8% 1yr

Median Townhouse

$720K

Vacancy Rate

1.8%

32 avg DOM

Yield (Apartment)

5.1%

Yield (House)

4.2%

Auction Clearance

68%

Population

4,200

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

$5,077/mo

Purchase Price

$850,000

Stamp Duty

$32,780

1st Year Total

$60,926

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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