True Cost of Buying in Mount Lewis

2190 NSW · 15km to CBD

Stable

Market Intelligence

Mount Lewis is a diverse, family-oriented suburb in Sydney's inner southwest, located 15km from the CBD within the Canterbury-Bankstown local government area. Known for its strong multicultural community with significant Lebanese, Vietnamese, and Chinese populations, the suburb offers excellent value for families and first-home buyers. The area features predominantly detached housing stock on generous blocks, with median house prices around $1.1-1.2 million, making it more affordable than many Sydney suburbs. Mount Lewis benefits from good transport connectivity via bus networks and proximity to Canterbury Station, plus access to quality amenities including Mount Lewis Public School, local parks, and nearby shopping precincts. The suburb has experienced steady capital growth over recent years, driven by its affordability, family appeal, and strategic location between major employment centers. Strong rental demand from young families and professionals supports healthy rental yields. The community is well-established with excellent cultural diversity, local services along Canterbury Road, and recreational facilities. Future growth prospects remain positive due to ongoing infrastructure improvements in the Canterbury-Bankstown corridor and the suburb's enduring appeal to owner-occupiers and investors seeking value in Sydney's competitive market.

Strong multicultural community creating vibrant local cultureAffordable housing compared to Sydney average with good value for familiesExcellent transport connectivity to CBD, Bankstown and CanterburyQuality local amenities including schools, parks and shoppingSteady capital growth with strong rental demand

Market Snapshot

Median House

$1.1M

+5.2% 1yr

Median Apartment

$650K

+4.8% 1yr

Median Townhouse

$850K

Vacancy Rate

1.8%

38 avg DOM

Yield (Apartment)

4.8%

Yield (House)

3.6%

Auction Clearance

68%

Population

8,500

True Cost Breakdown

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

Apartment

$4,329/mo

Purchase Price

$650,000

Stamp Duty

$23,780

1st Year Total

$51,944

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

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Community Profile

Median Income

$68,000

Median Age

38

Family Households

68%

Owner-Occupied

62%

Walkability

65/100

Public Transport

6/10

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