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

The median apartment in Enmore is $825,000. Including stamp duty ($31,655), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $62,564, or $5,214/month.

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

The median house in Enmore is $1,450,000. True first-year cost including stamp duty ($62,160), rates, insurance, maintenance, and mortgage repayments is approximately $100,334.

What is the vacancy rate in Enmore?

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

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True Cost of Buying in Enmore

2042 NSW · 4km to CBD

Rising

A decision, not just a search · Enmore

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

Enmore is a vibrant inner-west suburb located 4km from Sydney CBD, renowned for its cultural scene centered around the iconic Enmore Theatre and bustling nightlife along Enmore Road. This diverse community attracts young professionals, artists, and creatives who value proximity to both the CBD and Newtown's entertainment precinct. The suburb features predominantly Victorian terrace houses and converted warehouse apartments, with limited housing stock driving strong competition among buyers and renters. Enmore's demographic profile skews young and educated, with a significant LGBTQ+ community presence and high cultural diversity. The area benefits from excellent bus connectivity and is within walking distance of Newtown station, making it highly accessible for commuters. Recent gentrification has transformed the suburb while maintaining its artistic character, with ongoing streetscape improvements and infrastructure development enhancing livability. Property values have shown steady growth due to inner-west gentrification trends, limited supply, and strong rental demand from young professionals seeking urban lifestyle amenities.

Prime inner-west location with 4km proximity to Sydney CBDIconic cultural venues including Enmore Theatre and vibrant nightlife sceneStrong public transport connectivity via buses and nearby Newtown stationDiverse, educated community with strong arts and cultural identityLimited housing stock creating scarcity value and competition

Market Snapshot

Median House

$1.4M

+7.2% 1yr

Median Apartment

$825K

+6.8% 1yr

Median Townhouse

—

Vacancy Rate

1.8%

28 avg DOM

Yield (Apartment)

4.1%

Yield (House)

3.8%

Auction Clearance

78%

Population

3,200

True Cost Breakdown

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

Apartment

$5,214/mo

Purchase Price

$825,000

Stamp Duty

$31,655

1st Year Total

$62,564

House

$8,361/mo

Purchase Price

$1,450,000

Stamp Duty

$62,160

1st Year Total

$100,334

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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