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

The median apartment in South Penrith is $485,000. Including stamp duty ($16,355), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $41,924, or $3,494/month.

What does it really cost to buy a house in South Penrith?

The median house in South Penrith is $720,000. True first-year cost including stamp duty ($26,930), rates, insurance, maintenance, and mortgage repayments is approximately $52,392.

What is the vacancy rate in South Penrith?

South Penrith currently has a vacancy rate of 2.1%. Properties average 42 days on market.

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True Cost of Buying in South Penrith

2750 NSW · 55km to CBD

Stable

Market Intelligence

South Penrith, a suburb in western Sydney, offers a mix of lifestyle and investment opportunities. With a median house price of $720,000 and a median unit price of $485,000, the area is more affordable compared to other parts of Sydney. The population of 3,200 residents enjoys a relatively quiet and suburban lifestyle, with a median income of $68,000. While the walkability score is 45, indicating a car-dependent lifestyle, the area has a schools rating of 6.0 and a safety rating of 7.0, making it a suitable choice for families. The distance to the CBD is 55 km, which may be a drawback for some, but the investment score of 72 and growth potential of 75 indicate a strong outlook for property investors. The rental yield for houses is 4.2%, and the vacancy rate is 2.1%, suggesting a stable rental market. Overall, South Penrith presents a balanced option for those seeking a suburban lifestyle and investment opportunities, with potential for long-term growth and returns.

Affordable housing options compared to other Sydney suburbsRelatively high investment score and growth potentialStable rental market with low vacancy rateSuitable for families with a decent schools ratingPotential for long-term capital growth

Market Snapshot

Median House

$720K

+6.8% 1yr

Median Apartment

$485K

+5.2% 1yr

Median Townhouse

$650K

Vacancy Rate

2.1%

42 avg DOM

Yield (Apartment)

5.1%

Yield (House)

4.2%

Auction Clearance

68%

Population

3,200

True Cost Breakdown

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

Apartment

$3,494/mo

Purchase Price

$485,000

Stamp Duty

$16,355

1st Year Total

$41,924

House

$4,366/mo

Purchase Price

$720,000

Stamp Duty

$26,930

1st Year Total

$52,392

Townhouse

$4,129/mo

Purchase Price

$650,000

Stamp Duty

$23,780

1st Year Total

$49,544

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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