Rent in Kangaroo Point, Sylvania and Sylvania Southgate (2224)
The median new lease in 2224 was $1,050 a week in January–September 2026, from 181 leases lodged with NSW Fair Trading. That is 31% above the Sydney median of $800, making it the 18th most expensive of 218 Sydney postcodes.
Rent by type of home
Houses lease for a median $1,250 a week here and units for $690. Only home types with at least 10 new leases in January–September 2026 are shown.
| Home | Median rent ($/wk) | New leases |
|---|---|---|
| 2-bedroom unit | $650 | 27 |
| 3-bedroom unit | $750 | 13 |
| 3-bedroom house | $965 | 22 |
| 4-bedroom house | $1,305 | 38 |
| 5-bedroom house | $1,550 | 14 |
| 3-bedroom townhouse | $1,050 | 31 |
| 4-bedroom townhouse | $1,300 | 11 |
How rent has changed since 2021
Rent on a new lease here rose 52% in five years, from $690 a week in January–September 2021 to $1,050 in January–September 2026, slower than the Sydney-wide rise of 60%. Over the past year it rose 17%, against a 7% rise across Sydney.
How much of a local wage the rent takes
A year of rent at the median takes 59% of one average local wage of $91,975, compared with 46% across Sydney. That is the 14th heaviest burden of 218 Sydney postcodes, above the city average. Housing costs above 30% of income are widely treated as housing stress; a household with two average wages would spend about 30%.
Wage: average salary and wages of all residents of 2224 in ATO Taxation Statistics 2023–24, indexed to 2026 with the NSW Wage Price Index. Renters usually earn less than the average resident, so the real burden for renters is likely higher.
Getting your bond back
Of the 183 bonds refunded in 2224 in January–September 2026, 70% went back to the tenant in full and 10% went entirely to the landlord or agent. Across Sydney the figures are 63% and 12%, so tenants here are more likely than average to get their whole bond back (rank 76 of 214, where 1 is the highest full-refund rate).
The median bond was held for 621 days, about 20 months, compared with 575 days across Sydney. Bond records don't say why money went to the landlord: it can cover damage, cleaning or unpaid rent.
Compared with the region and Sydney
2224 is in the Sutherland region, where the median new lease is $800 a week.
| Median rent | 5-yr change | Rent burden | Full bond back | |
|---|---|---|---|---|
| 2224 | $1,050 | +52% | 59% | 70% |
| Sutherland | $800 | +46% | 42% | 70% |
| Greater Sydney | $800 | +60% | 46% | 63% |
Other postcodes in Sutherland
- 2226 Bonnet Bay and Como$855
- 2227 Gymea and Gymea Bay$900
- 2228 Miranda and Yowie Bay$780
- 2229 Caringbah and Caringbah South$830
- 2230 Bundeena and Burraneer$750
- 2232 Audley and Bonnie Vale$730
- 2233 Engadine and Heathcote$832
- 2234 Alfords Point and Bangor$1,000
Source: NSW Fair Trading rental bond data (new leases and bond refunds, 2021–2026); ATO Taxation Statistics 2023–24. See the methodology for how these figures are calculated.