True Cost of Buying in Leichhardt
2040 NSW · 5km to CBD
A decision, not just a search · Leichhardt
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
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.
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
Purchase Price
$950,000
Stamp Duty
$37,280
1st Year Total
$70,148
House
Purchase Price
$1,850,000
Stamp Duty
$84,160
1st Year Total
$126,610
Townhouse
Purchase Price
$1,450,000
Stamp Duty
$62,160
1st Year Total
$98,084
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.
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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