True Cost of Buying in Leichhardt

2040 NSW · 5km to CBD

Stable

Market Intelligence

Leichhardt is a vibrant inner-west suburb located just 5km from Sydney's CBD, renowned for its strong Italian heritage and the famous Norton Street dining precinct. The suburb offers an excellent blend of cultural diversity, urban convenience, and community atmosphere, making it highly sought after by young professionals, families, and students. With Federation terraces, modern apartments, and converted warehouses, Leichhardt provides diverse housing options in a tightly held market. The area benefits from excellent transport links including light rail to Central Station and multiple bus routes, plus proximity to major universities. Leichhardt Oval, home to the Wests Tigers NRL team, anchors the community's sporting culture, while abundant parkland, weekend markets, and a thriving café scene create a distinctive lifestyle offering. The suburb's property market remains resilient with strong capital growth potential, driven by limited supply and consistent demand from both owner-occupiers and investors. Urban renewal projects and infrastructure improvements continue to enhance the area's appeal, while the tight rental market reflects its desirability among renters.

Prime inner-west location 5km from Sydney CBDFamous Norton Street Italian precinct with exceptional diningExcellent transport connectivity via light rail and busesStrong community atmosphere with regular markets and festivalsDiverse housing stock from Federation terraces to modern apartments

Market Snapshot

Median House

$1.9M

+8.5% 1yr

Median Apartment

$950K

+7.2% 1yr

Median Townhouse

$1.4M

Vacancy Rate

1.8%

28 avg DOM

Yield (Apartment)

4.0%

Yield (House)

3.2%

Auction Clearance

78%

Population

15,200

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

$10,551/mo

Purchase Price

$1,850,000

Stamp Duty

$84,160

1st Year Total

$126,610

Townhouse

$8,174/mo

Purchase Price

$1,450,000

Stamp Duty

$62,160

1st Year Total

$98,084

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Community Profile

Median Income

$95,000

Median Age

33

Family Households

42%

Owner-Occupied

45%

Walkability

85/100

Public Transport

8/10

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