True Cost of Buying in Lilyfield
2040 NSW · 6km to CBD
A decision, not just a search · Lilyfield
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
Lilyfield is a compact inner-west suburb located just 6km from Sydney CBD, characterized by its predominantly unit and apartment market with limited house stock. The suburb has experienced strong price growth over the past five years driven by inner-west gentrification and high rental demand from young professionals. With excellent transport connectivity via bus networks and proximity to light rail stations, Lilyfield offers urban convenience while maintaining a boutique character. The area features heritage-listed buildings, industrial conversion apartments, and benefits from its proximity to Leichhardt's Norton Street Italian precinct and Rozelle Bay foreshore. The demographic profile consists primarily of young professionals and families, with a high proportion of renters and diverse cultural backgrounds reflecting significant Italian heritage influence. Limited local retail is offset by excellent access to surrounding suburb amenities, creating a strong cafe culture and boutique dining scene.
Market Snapshot
Median House
$1.9M
+8.5% 1yr
Median Apartment
$1.1M
+12.3% 1yr
Median Townhouse
$1.6M
Vacancy Rate
1.8%
32 avg DOM
Yield (Apartment)
4.1%
Yield (House)
3.2%
Auction Clearance
72%
Population
2,850
True Cost Breakdown
Based on median prices · 20% deposit · 6.5% interest · 30-year term · Owner-occupier
Apartment
Purchase Price
$1,150,000
Stamp Duty
$46,280
1st Year Total
$82,280
House
Purchase Price
$1,850,000
Stamp Duty
$84,160
1st Year Total
$126,610
Townhouse
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.
Community Profile
Median Income
$95,000
Median Age
36
Family Households
45%
Owner-Occupied
42%
Walkability
85/100
Public Transport
8/10
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