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

The median apartment in Drummoyne is $950,000. Including stamp duty ($37,280), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $70,148, or $5,846/month.

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

The median house in Drummoyne 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 Drummoyne?

Drummoyne currently has a vacancy rate of 1.8%. Properties average 28 days on market.

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True Cost of Buying in Drummoyne

2047 NSW · 6km to CBD

Rising

Market Intelligence

Drummoyne is a prestigious inner-west suburb located 6km from Sydney CBD on the Drummoyne Peninsula, bounded by the Parramatta River. This affluent waterfront community attracts young professionals and established families seeking premium lifestyle amenities with excellent connectivity to the city. The suburb features a diverse housing mix including heritage homes, modern apartments, and luxury developments, with Birkenhead Point Shopping Centre serving as a major retail hub. Drummoyne offers exceptional recreational facilities including the renowned Drummoyne Oval, multiple waterfront parks, and a thriving café culture along Lyons Road. The area benefits from excellent transport links via bus services to the CBD, ferry connections from nearby wharves, and proximity to major arterial roads. With highly regarded schools, premium amenities, and consistent property market performance, Drummoyne represents one of Sydney's most desirable residential locations for both owner-occupiers and investors seeking capital growth in a blue-chip inner-west position.

Premium waterfront location on Parramatta River with harbour viewsExcellent transport connectivity to Sydney CBD via multiple transport modesHigh-quality amenities including Birkenhead Point Shopping Centre and recreational facilitiesStrong school catchments and family-friendly community atmosphereConsistent property market performance with capital growth resilience

Market Snapshot

Median House

$2.1M

+4.2% 1yr

Median Apartment

$950K

+3.8% 1yr

Median Townhouse

$1.6M

Vacancy Rate

1.8%

28 avg DOM

Yield (Apartment)

3.4%

Yield (House)

2.8%

Auction Clearance

72%

Population

12,500

True Cost Breakdown

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

Apartment

$5,846/mo

Purchase Price

$950,000

Stamp Duty

$37,280

1st Year Total

$70,148

House

$12,193/mo

Purchase Price

$2,150,000

Stamp Duty

$100,660

1st Year Total

$146,314

Townhouse

$9,185/mo

Purchase Price

$1,650,000

Stamp Duty

$73,160

1st Year Total

$110,216

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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