What is the true cost of buying an apartment in La Perouse?

The median apartment in La Perouse is $950,000. Including stamp duty ($37,280), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $70,148, or $5,846/month.

What does it really cost to buy a house in La Perouse?

The median house in La Perouse is $1,850,000. True first-year cost including stamp duty ($84,160), rates, insurance, maintenance, and mortgage repayments is approximately $126,610.

What is the vacancy rate in La Perouse?

La Perouse currently has a vacancy rate of 1.8%. Properties average 45 days on market.

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True Cost of Buying in La Perouse

2036 NSW · 14km to CBD

Stable

Market Intelligence

La Perouse is a historically significant coastal suburb in Sydney's southeast, renowned for its Aboriginal heritage and maritime history. Located on Botany Bay where Captain Cook first landed, this small, heritage-rich community offers unique waterfront living with the La Perouse Museum, Bare Island Fort, and pristine beaches. The suburb is constrained by National Park boundaries and heritage protections, resulting in limited housing stock and premium property values. Residents enjoy a peaceful, culturally significant lifestyle with direct beach access and proximity to Botany Bay National Park. However, the area faces challenges with limited local amenities, requiring travel to nearby suburbs for shopping and schooling. Transport connectivity relies primarily on bus services, with no direct rail connection. The property market is characterized by low transaction volumes, premium waterfront pricing, and strong capital growth potential driven by scarcity and unique location appeal.

Unique historical and cultural significance with Aboriginal heritagePrime waterfront location on Botany Bay with beach accessProtected by heritage listings ensuring character preservationClose proximity to Botany Bay National ParkLimited housing supply creating scarcity value

Market Snapshot

Median House

$1.9M

+12.5% 1yr

Median Apartment

$950K

+8.5% 1yr

Median Townhouse

—

Vacancy Rate

1.8%

45 avg DOM

Yield (Apartment)

4.2%

Yield (House)

2.8%

Auction Clearance

75%

Population

850

True Cost Breakdown

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

Apartment

$5,846/mo

Purchase Price

$950,000

Stamp Duty

$37,280

1st Year Total

$70,148

House

$10,551/mo

Purchase Price

$1,850,000

Stamp Duty

$84,160

1st Year Total

$126,610

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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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