What is the true cost of buying an apartment in Wiley Park?

The median apartment in Wiley Park is $700,000. Including stamp duty ($26,030), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $54,980, or $4,582/month.

What does it really cost to buy a house in Wiley Park?

The median house in Wiley Park is $950,000. True first-year cost including stamp duty ($37,280), rates, insurance, maintenance, and mortgage repayments is approximately $67,498.

What is the vacancy rate in Wiley Park?

Wiley Park currently has a vacancy rate of 2.1%. Properties average 35 days on market.

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True Cost of Buying in Wiley Park

2195 NSW · 18km to CBD

Stable

Market Intelligence

Wiley Park is a culturally diverse, affordable suburb in Canterbury-Bankstown, 18km from Sydney CBD. With a population of 4,200 and median age of 33, it attracts young families and professionals seeking value. The area is 48% overseas-born, creating a vibrant multicultural community with diverse dining and cultural offerings. Property market is dominated by units (58%) with median prices of $700,000 for units and $950,000 for houses. Strong rental yields of 4.2-4.8% and low 2.1% vacancy rates indicate solid investor demand. The suburb benefits from proximity to Lakemba Station and planned Sydney Metro upgrades. With moderate growth rates, good transport links, and affordability compared to surrounding areas, Wiley Park represents solid value for first-home buyers and investors. The community enjoys access to parks, schools, and Lakemba's commercial precinct while maintaining a family-friendly atmosphere.

Strong multicultural community with diverse amenitiesAffordable property prices compared to Sydney averageGood rental yields and low vacancy ratesExcellent transport connectivity via Lakemba StationProximity to established commercial precincts

Market Snapshot

Median House

$950K

+4.2% 1yr

Median Apartment

$700K

+5.1% 1yr

Median Townhouse

$825K

Vacancy Rate

2.1%

35 avg DOM

Yield (Apartment)

4.8%

Yield (House)

4.2%

Auction Clearance

68%

Population

4,200

True Cost Breakdown

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

Apartment

$4,582/mo

Purchase Price

$700,000

Stamp Duty

$26,030

1st Year Total

$54,980

House

$5,625/mo

Purchase Price

$950,000

Stamp Duty

$37,280

1st Year Total

$67,498

Townhouse

$5,014/mo

Purchase Price

$825,000

Stamp Duty

$31,655

1st Year Total

$60,164

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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