Sydney - Inner South West Property Market & Development Rates — May 2026 | Suburbtrends

Sydney - Inner South West Property Market: Prices, Vacancy & Trends

As of May 2026, median house prices across the Sydney - Inner South West SA4 range from $1,580,000 (Bankstown) to $2,024,000 (Hurstville). The stock-weighted rental vacancy rate is 4.2%, ranging from 2.0% in Hurstville to 8.8% in Canterbury. Top median house rent is $1150/week in Sans Souci - Ramsgate.

Source: Suburbtrends, 12-month rolling medians · Updated monthly
$2.02M
Hurstville median house
$2.00M
Kogarah - Rockdale median house
+12.0%
Top SA3 growth (Canterbury)
4.2%
SA4 vacancy (weighted)
$1150/wk
Top house rent (Sans Souci - Ramsgate)
944
Houses listed for sale

What is the median house price in the Sydney - Inner South West?

Median house prices across the Sydney - Inner South West's SA3 markets span $1,580,000 to $2,024,000, with Hurstville the most expensive market and Bankstown the most affordable.

SA3 house markets, Sydney - Inner South West — 12 months to May 2026
SA3 marketMedian house12-mth changeMedian unitDays on market
Hurstville$2,024,000+6.5%$810,00026
Kogarah - Rockdale$2,000,000+4.2%$840,00026
Canterbury$1,920,000+12.0%$650,00026
Bankstown$1,580,000+7.5%$808,00026
Listings on market by SA3 — for sale and for rent, current month
SA3 marketHouses for saleHouses for rentUnits for saleUnits for rent
Bankstown357215131115
Kogarah - Rockdale207111405327
Hurstville20665194125
Canterbury174102163191

Listings counts are the current-month average of properties advertised for sale or rent. Unit stock can be thin in regional markets — some SA2 unit markets carry only a handful of active listings at any time.

SA2 median prices, houses and units — 12 months to May 2026
SA2 areaSA3House medianHouse 12-mthUnit median
Sans Souci - RamsgateKogarah - Rockdale$2,730,000+7.1%$1,050,000
Oatley - Hurstville GroveHurstville$2,500,000+9.6%$1,050,000
Hurstville - Central Hurstville$2,500,000$723,000
Monterey - Brighton-le-Sands - KyeemaghKogarah - Rockdale$2,457,000+6.8%$950,000
South Hurstville - BlakehurstHurstville$2,320,000−2.5%$860,000
EarlwoodCanterbury$2,225,000+8.5%$950,000
Hurstville - NorthHurstville$2,170,000+10.2%$950,000
Mortdale - OatleyHurstville$2,165,000+6.7%$810,000
Campsie - North Canterbury$2,082,000$750,000
Kogarah Kogarah - Rockdale$2,063,000$745,000
Campsie - South Canterbury$2,050,000$685,000
Kingsgrove (South) - Bardwell ParkKogarah - Rockdale$2,005,000+4.0%$950,000
Belmore - BelfieldCanterbury$2,000,000+17.6%$687,500
Canterbury - SouthCanterbury$2,000,000+13.8%$725,000
Wolli Creek Kogarah - Rockdale$2,000,000$830,000
Kingsgrove - NorthCanterbury$1,950,000+5.4%
Penshurst Hurstville$1,920,000$720,000
Narwee - Beverly HillsHurstville$1,905,000+5.8%$800,000
Kogarah Bay - Carlton - AllawahKogarah - Rockdale$1,900,000−5.0%$855,500
Bexley - NorthKogarah - Rockdale$1,900,000−2.6%$1,130,000
Rockdale - BanksiaKogarah - Rockdale$1,881,000+8.7%$730,000
Arncliffe - Bardwell ValleyKogarah - Rockdale$1,880,000+6.5%$838,000
Peakhurst - LugarnoHurstville$1,800,000+4.3%$1,150,000
Bexley - SouthKogarah - Rockdale$1,800,000−0.0%$755,000
Chullora Bankstown$1,740,000
Greenacre - NorthBankstown$1,680,000+14.3%$850,000
Lakemba Canterbury$1,680,000$525,000
PadstowBankstown$1,650,000+5.8%$990,000
Wiley Park Canterbury$1,650,000$530,000
Bankstown - SouthBankstown$1,631,000−2.7%$615,000
Panania (South) - Picnic PointBankstown$1,625,000+4.2%$1,298,000
Bankstown - North Bankstown$1,620,000$605,000
Panania (North) - MilperraBankstown$1,618,888+12.7%
Condell ParkBankstown$1,600,000+6.0%$1,050,000
Greenacre - SouthBankstown$1,600,000+6.7%
RoselandsCanterbury$1,600,000+1.3%$590,000
RevesbyBankstown$1,546,500+1.4%$1,155,000
Yagoona - BirrongBankstown$1,516,000+11.5%$790,000
Bass Hill - Georges HallBankstown$1,480,000+9.6%
Punchbowl Canterbury$1,450,000
RiverwoodHurstville$1,450,000+1.8%$685,000

† Thin market: fewer than 40 sales in 12 months, or a distorted price mix — medians are volatile and 12-month changes are not reported. A dash indicates too few unit sales to report a reliable median.

Which Sydney - Inner South West areas are growing fastest?

Among SA2 areas with robust sales volumes, the strongest 12-month house price growth to May 2026 was Belmore - Belfield +17.6%, Greenacre - North +14.3%, Canterbury - South +13.8%, Panania (North) - Milperra +12.7%, Yagoona - Birrong +11.5%. The softest market was Kogarah Bay - Carlton - Allawah (-5.0%).

What is the rental vacancy rate in the Sydney - Inner South West?

The stock-weighted rental vacancy rate across the Sydney - Inner South West SA4 is 4.2% as at May 2026. Conditions range from 2.0% in Hurstville to 8.8% in Canterbury.

Rental vacancy by SA3, rolling 3-month rate — trailing 6 months
SA3 marketDec 25Jan 26Feb 26Mar 26Apr 26May 26Rental stock
Hurstville2.8%2.5%2.4%2.0%1.4%2.0%696
Kogarah - Rockdale1.8%2.2%2.7%3.0%2.5%2.4%1,231
Bankstown3.4%3.7%4.4%4.5%4.2%3.9%897
Canterbury9.2%8.1%7.0%8.4%9.0%8.8%859

Suburbtrends Vacancy Index methodology: vacant rental listings as a share of total rental stock, rolling 3-month basis. SA4 weighted rate uses current rental stock weights.

What are the rents in the Sydney - Inner South West?

Median house rents across the Sydney - Inner South West run to $1150/week in Sans Souci - Ramsgate at the top of the region. Unit rents typically sit below houses; bedroom splits below show where stock supports a reading.

House rents by SA2 — weekly median and bedroom splits, 12 months to May 2026
SA2 areaMedian2-bed3-bed4-bed
Sans Souci - Ramsgate$1150$750$1000$1450
Oatley - Hurstville Grove$1100$780$895$1200
South Hurstville - Blakehurst$1100$750$950$1250
Monterey - Brighton-le-Sands - Kyeemagh$1050$800$1000$1500
Chullora$1000$520$980$1150
Greenacre - North$1000$630$900$1150
Panania (North) - Milperra$1000$590$800$1100
Earlwood$1000$800$1000$1300
Kingsgrove - North$1000$680$950$1200
Revesby$980$650$795$1050
Belmore - Belfield$980$600$900$1100
Bexley - North$980$750$950$1200
Greenacre - South$950$650$900$1195
Panania (South) - Picnic Point$950$650$850$1090
Peakhurst - Lugarno$950$720$850$1150
Kogarah Bay - Carlton - Allawah$950$750$895$1300
Arncliffe - Bardwell Valley$950$780$950$1200
Kingsgrove (South) - Bardwell Park$930$740$880$1150
Condell Park$920$600$820$1050
Padstow$920$630$830$1050
Bass Hill - Georges Hall$900$620$850$1100
Roselands$900$680$850$1100
Canterbury - South$900$780$850$1100
Hurstville - North$900$750$850$1200
Mortdale - Oatley$900$700$875$1100
Kogarah$900$760$950$1150
Rockdale - Banksia$900$770$920$1200
Bexley - South$900$765$900$1100
Narwee - Beverly Hills$890$680$880$1000
Punchbowl$850$650$800$1000
Campsie - North$850$650$850$1100
Campsie - South$850$620$850$1100
Penshurst$850$610$830$900
Yagoona - Birrong$800$630$780$1050
Bankstown - South$800$630$800$1000
Lakemba$800$550$850$920
Riverwood$800$630$800$920
Hurstville - Central$800$750$850$950
Bankstown - North$785$600$800$950
Wiley Park$780$550$850$950
Wolli Creek$750$850$1200
Unit rents by SA2 — weekly, where stock supports a reading, 12 months to May 2026
SA2 areaMedian2-bed3-bed
Wolli Creek$870$900$1250
Arncliffe - Bardwell Valley$820$850$1050
Condell Park$780$620$800
South Hurstville - Blakehurst$780$780$890
Hurstville - Central$750$780$930
Hurstville - North$750$700$870
Peakhurst - Lugarno$730$730$895
Sans Souci - Ramsgate$725$700$980
Kogarah$720$770$900
Chullora$700$660$780
Greenacre - South$700$650$820
Canterbury - South$700$720$880
Earlwood$700$719$850
Kogarah Bay - Carlton - Allawah$700$690$800
Monterey - Brighton-le-Sands - Kyeemagh$700$700$900
Rockdale - Banksia$700$730$950
Bexley - North$700$690$850
Kingsgrove (South) - Bardwell Park$695$695$880
Oatley - Hurstville Grove$680$660$850
Panania (South) - Picnic Point$675$650$850
Riverwood$670$670$790
Bass Hill - Georges Hall$650$650$765
Greenacre - North$650$700$780
Bexley - South$650$650$840
Padstow$640$625$760
Revesby$640$620$795
Panania (North) - Milperra$640$630$800
Bankstown - South$630$640$780
Mortdale - Oatley$630$620$850
Belmore - Belfield$620$630$780
Narwee - Beverly Hills$620$625$800
Penshurst$620$620$820
Roselands$610$600$800
Yagoona - Birrong$600$600$750
Bankstown - North$600$600$750
Campsie - North$600$600$800
Kingsgrove - North$600$600$900
Campsie - South$580$580$750
Punchbowl$560$550$760
Lakemba$550$550$770
Wiley Park$520$525$730

Rents are median advertised asking rents over 12 months. Bedroom splits are reported where enough listings support a reading; a dash indicates too few. Unit rents are shown only for SA2s with sufficient rental stock.

For developers & lenders Suburbtrends is building Development Rates for the Sydney - Inner South West — new-build sale, land and construction rates per sqm by SA2, with traced site purchases and MCG-prepared cost bands. Join the waitlist →

How this data is compiled

Suburbtrends compiles transaction, listings and rental records monthly across every SA2, SA3 and SA4 in Australia. Medians and percentiles are calculated on a 12-month rolling basis; vacancy follows the Suburbtrends Vacancy Index methodology (vacant rental listings as a share of total rental stock, rolling 3 months). Development Rates covers completed strata projects of 4–40 dwellings, with each project's site purchase traced through the title record to derive the land component. Thin markets are flagged and 12-month changes suppressed where sample sizes do not support them. Boundaries follow the ABS ASGS Edition 3. This page was last updated with data to May 2026, and is refreshed in the first week of every month.

Kent Lardner, Head of Research at Suburbtrends
Kent Lardner
Head of Research, Suburbtrends · 30+ years in property data analytics

Kent's research is regularly cited in the Australian Financial Review, news.com.au and industry media. He previously led data science teams at major property data firms and founded Suburbtrends to publish independent, suburb-level market research. Full profile and press citations →

© 2026 Suburbtrends · Independent Australian property research · Market data on this page may be cited with attribution to Suburbtrends and a link to this URL. Development Rates figures shown are headline regional rates; figures are estimates derived from transaction and title records and do not constitute financial advice.