What is the true cost of buying an apartment in Balgowlah?

The median apartment in Balgowlah is $1,250,000. Including stamp duty ($51,160), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $88,352, or $7,363/month.

What does it really cost to buy a house in Balgowlah?

The median house in Balgowlah is $2,150,000. True first-year cost including stamp duty ($100,660), rates, insurance, maintenance, and mortgage repayments is approximately $146,314.

What is the vacancy rate in Balgowlah?

Balgowlah currently has a vacancy rate of 1.8%. Properties average 42 days on market.

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True Cost of Buying in Balgowlah

2093 NSW · 12km to CBD

Rising

A decision, not just a search · Balgowlah

Does the lower estimated monthly cost make a property the better buy?

Only under the assumptions entered—and cost is not the whole decision. This model compares scenarios, not lender approval, building condition or personal suitability. Replace defaults with current quotes and documents, then test whether the cost remains manageable when circumstances change.

Questions that could change the answer

Which costs are current supplied figures, and which are model defaults?
What happens to your buffer if interest, repairs or vacancy costs rise?
What finance, contract or inspection condition remains unresolved before an offer?

Evidence to obtain—not yet verified here

Current lender terms and approval conditions, not only a borrowing estimate.
Dated levy notices, rates, insurance quotes and maintenance information.
Contract advice, inspection findings and comparable sales evidence.

Other options: Lower the price limit, compare another property or wait for critical checks. A favourable model result is not a recommendation to make an unconditional offer.

Next action: Re-run the existing calculator with documented inputs, then agree your conditions and walk-away point with the relevant professionals.

When to revisit: Revisit when any input, approval condition, price or property finding changes.

General decision guidance—not a property assessment, personal recommendation or verified client result. Dates on surrounding market content apply to that content, not to checks on your property.

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Market Intelligence

Balgowlah is a premium Northern Beaches suburb located 12km northeast of Sydney CBD, offering an enviable coastal lifestyle with strong property fundamentals. Home to 4,200 residents with a median age of 42, the suburb attracts affluent professionals and families drawn to its proximity to beaches, quality schools, and established community feel. The demographic profile shows high education levels (48% university educated) and strong household incomes ($95,000 median), reflecting its appeal to Sydney's professional class. Property values are robust with median house prices at $2.15 million and units at $1.25 million, supported by limited supply and consistent demand from lifestyle seekers. The suburb benefits from excellent recreational amenities including Balgowlah Golf Club, close beach access (0.8km), and quality local schools. While transport relies heavily on bus connections (72% drive to work), the B-Line services provide efficient CBD connectivity. The established shopping precinct along Condamine Street offers good local amenities, though residents often travel to nearby Manly for expanded options. Investment fundamentals remain strong with low vacancy rates (1.8%), reasonable rental yields, and steady capital growth driven by the Northern Beaches lifestyle premium and constrained housing supply.

Premium Northern Beaches location with beach access within 800mStrong demographic profile with high incomes and education levelsEstablished community amenities including golf club and quality schoolsRobust property market with consistent capital growthLow crime rates and high safety ratings

Market Snapshot

Median House

$2.1M

+4.2% 1yr

Median Apartment

$1.3M

+3.8% 1yr

Median Townhouse

$1.9M

Vacancy Rate

1.8%

42 avg DOM

Yield (Apartment)

4.1%

Yield (House)

3.2%

Auction Clearance

72%

Population

4,200

True Cost Breakdown

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

Apartment

$7,363/mo

Purchase Price

$1,250,000

Stamp Duty

$51,160

1st Year Total

$88,352

House

$12,193/mo

Purchase Price

$2,150,000

Stamp Duty

$100,660

1st Year Total

$146,314

Townhouse

$10,197/mo

Purchase Price

$1,850,000

Stamp Duty

$84,160

1st Year Total

$122,360

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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