True Cost of Buying in Picnic Point
2213 NSW · 23km to CBD
Market Intelligence
Picnic Point is a premium riverside suburb located 23km south-west of Sydney CBD, positioned along the picturesque Georges River. This established family-oriented community is characterized by waterfront properties that command significant premiums, creating an exclusive residential enclave with limited housing stock. The suburb attracts predominantly families and established residents, with a multicultural demographic featuring higher than average overseas-born residents from European and Asian backgrounds. While the area offers excellent recreational amenities including direct river access, bowling club facilities, and proximity to Salt Pan Creek Reserve, it faces challenges with limited public transport connectivity, requiring residents to travel 5-8km to reach Panania or Revesby train stations. The local community maintains a strong focus through active residents associations, with educational needs served by Picnic Point Public School. Property values remain resilient due to the suburb's geographic constraints and riverside location, though the car-dependent nature and distance from major transport hubs may limit broader appeal. The area represents a mature, stable market with steady demand for family homes and significant potential for waterfront property appreciation.
Market Snapshot
Median House
$1.4M
+8.2% 1yr
Median Apartment
$750K
+6.8% 1yr
Median Townhouse
$980K
Vacancy Rate
1.8%
32 avg DOM
Yield (Apartment)
4.8%
Yield (House)
3.2%
Auction Clearance
72%
Population
2,850
True Cost Breakdown
Based on median prices · 20% deposit · 6.5% interest · 30-year term · Owner-occupier
Apartment
Purchase Price
$750,000
Stamp Duty
$28,280
1st Year Total
$58,004
House
Purchase Price
$1,450,000
Stamp Duty
$62,160
1st Year Total
$100,334
Townhouse
Purchase Price
$980,000
Stamp Duty
$38,630
1st Year Total
$69,560
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.
Community Profile
Median Income
$95,000
Median Age
43
Family Households
68%
Owner-Occupied
68%
Walkability
55/100
Public Transport
4/10
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