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

The median apartment in Belfield is $680,000. Including stamp duty ($25,130), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $53,756, or $4,480/month.

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

The median house in Belfield is $1,150,000. True first-year cost including stamp duty ($46,280), rates, insurance, maintenance, and mortgage repayments is approximately $80,630.

What is the vacancy rate in Belfield?

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

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True Cost of Buying in Belfield

2191 NSW · 12km to CBD

Rising

Market Intelligence

Belfield is a diverse, multicultural suburb in Canterbury-Bankstown, 12km southwest of Sydney CBD. With a population of 3,200 and median age of 32, it attracts young families and professionals seeking affordable housing near quality education and transport. The suburb features a balanced housing mix of 45% houses, 42% units, and 13% townhouses, with median house prices at $1.15M. Strong community amenities include proximity to University of Sydney Cumberland Campus, Belfield Sports Ground, and Cooks River parklands. The area benefits from excellent transport links via Campsie Station and regular bus services. With 48% of residents born overseas, particularly from Lebanese, Chinese, and Vietnamese communities, Belfield offers multicultural dining and shopping along Canterbury Road. The suburb shows solid investment fundamentals with 8.2% annual house price growth, 3.8% rental yields, and low 2.1% vacancy rates. Future growth is supported by planned Sydney Metro Southwest extension and ongoing urban renewal initiatives in the Canterbury-Bankstown corridor.

Excellent transport connectivity with Campsie Station 2km away and regular bus servicesStrong educational precinct with University of Sydney Cumberland Campus and quality local schoolsDiverse multicultural community creating vibrant dining and cultural experiencesAffordable housing options compared to nearby Strathfield and BurwoodAccess to Cooks River parklands and recreational facilities

Market Snapshot

Median House

$1.1M

+8.2% 1yr

Median Apartment

$680K

+6.8% 1yr

Median Townhouse

$850K

Vacancy Rate

2.1%

32 avg DOM

Yield (Apartment)

4.6%

Yield (House)

3.8%

Auction Clearance

72%

Population

3,200

True Cost Breakdown

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

Apartment

$4,480/mo

Purchase Price

$680,000

Stamp Duty

$25,130

1st Year Total

$53,756

House

$6,719/mo

Purchase Price

$1,150,000

Stamp Duty

$46,280

1st Year Total

$80,630

Townhouse

$5,140/mo

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.

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