Suburb guide · Georges River council area
Mortgage broker for Hurstville (2220) home buyers
4,938 Nepal-born people lived in Hurstville at the 2021 Census, the second-largest overseas-born group after China (8,925), out of 31,162 residents. Flats and apartments make up 61.4% of occupied homes, and the median strata sale in postcode 2220 was $740,000 in January to March 2026. We don't have an office in Hurstville. Sulav Adhikari works with buyers here by phone or video, from the first conversation to settlement.
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Hurstville at a glance
- Residents
- 31,16210,530 occupied homesABS Census 2021
- Born overseas
- 68%Top birthplaces: China, Nepal, Hong KongABS Census 2021
- Born in Nepal
- 4,93815.8% of residentsABS Census 2021
- Speak Nepali at home
- 4,79315.4% of residentsABS Census 2021
- Arrived 2016 to 2021
- 21.7%6,754 people born overseasABS Census 2021
- Median age
- 332.8 people per householdABS Census 2021
- Median household income
- $1,804/wk$93,808 a yearABS Census 2021
- Households renting
- 47.4%25.4% mortgage, 23.7% owned outrightABS Census 2021
- Flats and apartments
- 61.4%30% separate houses, 8.2% semis and townhousesABS Census 2021
- Median rent, new leases
- $750/wkAll dwellings, postcode 2220NSW DCJ, April to June 2026
The suburb covers 4.2299999999999995 km² and is wholly in the Georges River council area. Of the 26 NSW suburbs in our guides, Hurstville has the second-highest Nepal-born population (4,938) and the 16th-highest median household income ($1,804 a week). The median resident is 33 and the average household has 2.8 people. On Census day 19.4% of employed residents took a train to work, even though 28.2% worked from home in the August 2021 lockdown, so normal train use is higher.
The cost of buying in Hurstville
NSW DCJ's latest sales figures (January to March 2026) put the median unit price in postcode 2220 at $740,000 from 101 sales and the median house at $2,340,000. The house median rests on only a few sales, which DCJ flags as a small sample, so treat it as a rough guide. A house costs 3.2 times as much as a unit here, a gap of $1,600,000. A median unit costs 7.9 years of the suburb's 2021 median household income of $93,808; a house, 24.9 years.
| Item | Median unit | Median house |
|---|---|---|
| Median sale price | $740,000 | $2,340,000 |
| 5% deposit | $37,000 | $117,000 |
| 10% deposit | $74,000 | $234,000 |
| 20% deposit (no LMI) | $148,000 | $468,000 |
| Transfer duty, standard | $27,487 | $109,987 |
| Transfer duty, first home buyer | $0 | $109,987 |
| Registration fees | $365 | $365 |
| 5% Deposit Scheme cap ($1,500,000) | Under | Over |
| Cash needed, first home buyer, 10% deposit | $74,365 | $344,352 |
- Owner-occupier, established home, every scheme condition met. Cash needed excludes conveyancing and LMI. 2026-27 rules, checked 26 October 2026.
The first home exemption covers the median unit in full: $27,487 of duty becomes nil for an eligible buyer. No first home concession reaches the median house; at that price the duty is $109,987 for everyone.
The $1,500,000 scheme cap leaves $760,000 of room above the median unit, but the median house is out of range by $840,000.
Try a price other than $740,000 in the NSW stamp duty calculator
Renting vs buying in Hurstville
A renter signing a new lease in postcode 2220 in April to June 2026 paid a median $750 a week ($39,000 a year); DCJ counted 320 new bonds. By size, a two-bedroom unit leased for $770 a week and a three-bedroom house for $850.
Back in 2021, Hurstville households with a mortgage repaid a median $2,167 a month, 6% more than the median rent ($470 a week). Today's new-lease median is 60% above that 2021 rent. DCJ counts only new bonds and the Census counts every renting household, so read the gap as a direction, not an exact rise. In 2021, the median rent took 26% of the median household income.
A 5% deposit on the median unit ($37,000) equals about 49 weeks of the current median rent, less than a year of rent. Renters are a large minority here (47.4% of households); 25.4% of homes have a mortgage and 23.7% are owned outright.
| Dwelling | Weekly | Yearly | New bonds |
|---|---|---|---|
| All dwellings | $750 | $39,000 | 320 |
| 1-bedroom unit | $665 | $34,580 | 59 |
| 2-bedroom unit | $770 | $40,040 | 155 |
| 3-bedroom unit | $950 | $49,400 | 31 |
| House (all sizes) | $850 | $44,200 | 55 |
| 3-bedroom house (small sample) | $850 | $44,200 | 11 to 30 |
| 4+ bedroom house (small sample) | $1,255 | $65,260 | 11 to 30 |
- No interest rate is assumed: compare with your own rate in the repayments calculator.
Who we help in Hurstville
Nepali-Australian buyers in Hurstville
4,938 residents (15.8%) were born in Nepal and 4,793 speak Nepali at home, about one in six of the suburb. Common questions here: will a lender accept a gift from parents in Nepal, how is overseas income or savings counted, and what does a deposit in lakh come to in dollars.
Nepali community home loans NPR to AUD converter
Recent arrivals and visa holders
6,754 residents (21.7%) arrived in Australia between 2016 and Census night 2021. On a temporary visa you are a foreign person, so FIRB approval, the ban on established homes (to 30 June 2029) and 9% surcharge purchaser duty all apply; permanent residents usually avoid all three. The surcharge alone is $66,600 on the median unit. Postcode 2220 is not a designated regional area, so a 491 or 494 holder bound by condition 8579 can't live here on that visa.
Visa guides: subclass 189, 190, 491, 482.
Refinancing an existing loan
25.4% of Hurstville homes are owned with a mortgage, with a median repayment of $26,004 a year in 2021. Loans taken out before a move to permanent residency are often worth a second look. Refinancing
Buying a unit
With units making up 61.4% of homes, the building matters: some lenders limit loans on small or high-density apartments. Send us the building address early: we check which lenders accept it before you spend money on reports.
Compare nearby suburbs
Penshurst is the closest suburb in our guides, 1.5 km from Hurstville. One of the five neighbours listed has a lower median unit price than Hurstville's $740,000. None of them has more Nepal-born residents than Hurstville; Rockdale comes closest with 2,451.
| Suburb | Distance | Born in Nepal | Median rent | Median unit |
|---|---|---|---|---|
| Hurstville | — | 4,938 | $750/wk | $740,000 |
| Penshurst | 1.5 km | 1,096 | $630/wk | $735,000 |
| Allawah | 1.6 km | 653 | $700/wk | $838,000 |
| Carlton | 2.1 km | 590 | $700/wk | $838,000 |
| Kogarah | 3.2 km | 1,848 | $750/wk | $810,000 |
| Rockdale | 4 km | 2,451 | $750/wk | $760,000 |
- Born in Nepal: ABS Census 2021. Rent and unit price: NSW DCJ, latest quarter.
See buying in Penshurst, our Allawah guide or buying in Carlton. All NSW suburb guides
Common questions from Hurstville
How much stamp duty would a first home buyer pay on a median Hurstville unit?
None, if you qualify for the First Home Buyers Assistance Scheme: the $740,000 median unit is under the exemption limit. Other buyers pay $27,487. Checked against Revenue NSW on 26 October 2026.
What deposit do I need to buy in Hurstville?
For the median unit ($740,000): $37,000 at 5%, $74,000 at 10% or $148,000 at 20%. The median house needs $468,000 for 20%. Below 20%, expect LMI unless you use the 5% Deposit Scheme or a guarantor.
Can I use the 5% Deposit Scheme in Hurstville?
The median unit ($740,000) is $760,000 under the $1,500,000 cap. The median house ($2,340,000) is $840,000 over the $1,500,000 cap. You must be a citizen or permanent resident and a first home buyer.
Is it cheaper to rent or buy in Hurstville?
That depends on the rate you are offered, so we don't assume one. New leases in postcode 2220 cost a median $39,000 a year; in 2021 the median mortgage here cost $26,004 a year in repayments.
Can I buy in Hurstville on a 491 visa?
Postcode 2220 is outside the designated regional areas, so a 491 holder can't live here under condition 8579. The permanent 191 visa removes that limit.
Talk it through with Sulav
Sulav checks your deposit, income and visa against lender policy for a unit around $740,000, in a 60-minute call by phone or video.
Sources
Data last updated . Census figures are for 2021; DCJ figures are quarterly medians.
- ABS QuickStats 2021: Hurstville (SAL11971)
- ABS Census 2021 tables for SAL11971
- ASGS Edition 3 boundaries
- Rent and Sales Report, sales January to March 2026
- Rent and Sales Report, rents April to June 2026
- Transfer duty rates
- First Home Buyers Assistance Scheme (new or existing home)
- 5% Deposit Scheme price caps
- Regional postcodes (condition 8579)
- Established dwelling ban