True Cost of Buying in Picnic Point

2213 NSW · 23km to CBD

Stable

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.

Premium riverside location with direct Georges River frontageStrong community spirit with active residents associationExcellent recreational facilities and water activities accessLimited housing stock creating exclusivity and value retentionEstablished family-friendly environment with quality schooling

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

$4,834/mo

Purchase Price

$750,000

Stamp Duty

$28,280

1st Year Total

$58,004

House

$8,361/mo

Purchase Price

$1,450,000

Stamp Duty

$62,160

1st Year Total

$100,334

Townhouse

$5,797/mo

Purchase Price

$980,000

Stamp Duty

$38,630

1st Year Total

$69,560

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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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