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

The median apartment in Flemington is $680,000. Including stamp duty ($25,130), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $53,756, or $4,480/month.

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

The median house in Flemington is $1,250,000. True first-year cost including stamp duty ($51,160), rates, insurance, maintenance, and mortgage repayments is approximately $87,202.

What is the vacancy rate in Flemington?

Flemington currently has a vacancy rate of 1.8%. Properties average 32 days on market.

buyer.chat

True Cost of Buying in Flemington

2140 NSW · 15km to CBD

Rising

A decision, not just a search · Flemington

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.

Take this question to a review

The question and suggested checks are prefilled for you to edit. No enquiry is sent until you submit and consent.

Market Intelligence

Flemington, NSW 2140 is a strategically located Inner West suburb approximately 15km west of Sydney CBD, experiencing significant urban renewal and transformation. The suburb benefits from excellent connectivity to Sydney Olympic Park, major transport links via Parramatta Road and M4 access, plus proximity to Lidcombe and Strathfield railway stations. Known for the famous Flemington Markets, the area offers multicultural dining and fresh produce experiences. The demographic profile includes diverse ethnic communities with a mix of young professionals, families, and investors attracted by more affordable housing options compared to nearby suburbs like Homebush and Rhodes. Recent apartment developments have increased housing supply, making it popular with first home buyers. The suburb features good access to Parramatta River parklands and benefits from ongoing infrastructure improvements as part of the broader Sydney Olympic Park precinct development. While local school options are limited, residents easily access quality education in nearby areas. The property market has shown strong growth driven by transport connectivity and proximity to major employment hubs, with both houses and units performing well for investors seeking rental yields and capital growth potential.

Excellent transport connectivity with bus services and proximity to major train stationsStrategic location near Sydney Olympic Park and 15km from CBDFamous Flemington Markets providing unique weekend destination appealStrong multicultural community and diverse dining optionsMore affordable housing compared to premium nearby suburbs

Market Snapshot

Median House

$1.3M

+8.5% 1yr

Median Apartment

$680K

+7.8% 1yr

Median Townhouse

$950K

Vacancy Rate

1.8%

32 avg DOM

Yield (Apartment)

4.6%

Yield (House)

3.8%

Auction Clearance

72%

Population

4,200

True Cost Breakdown

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

Apartment

$4,480/mo

Purchase Price

$680,000

Stamp Duty

$25,130

1st Year Total

$53,756

House

$7,267/mo

Purchase Price

$1,250,000

Stamp Duty

$51,160

1st Year Total

$87,202

Townhouse

$5,646/mo

Purchase Price

$950,000

Stamp Duty

$37,280

1st Year Total

$67,748

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.

Open Calculator