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

The median apartment in Meadowbank is $750,000. Including stamp duty ($28,280), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $58,004, or $4,834/month.

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

The median house in Meadowbank 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 Meadowbank?

Meadowbank currently has a vacancy rate of 2.1%. Properties average 28 days on market.

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True Cost of Buying in Meadowbank

2114 NSW · 15km to CBD

Stable

A decision, not just a search · Meadowbank

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

Meadowbank is a vibrant riverside suburb located 15km northwest of Sydney CBD, positioned strategically along the Parramatta River in Sydney's Northern Suburbs. The area has undergone significant urban transformation with extensive apartment development along the waterfront, creating a modern residential precinct that attracts young professionals and families. With excellent transport connectivity via Meadowbank Station on the T1 Northern Line providing direct access to both Sydney CBD and Parramatta, the suburb offers an ideal balance of accessibility and lifestyle amenities. The multicultural community, particularly strong Asian Australian representation, contributes to diverse dining and cultural offerings. Meadowbank Park and waterfront recreational facilities enhance the suburb's appeal, while proximity to Top Ryde City shopping centre and local educational facilities add practical convenience. The property market has shown strong growth driven by urban renewal projects and transport improvements, with modern apartments dominating new supply. Investment demand remains robust due to rental appeal among young professionals working in nearby employment hubs. The suburb successfully combines urban convenience with riverside lifestyle benefits, making it an attractive option for both owner-occupiers and investors seeking growth potential in Sydney's evolving northern corridor.

Excellent transport connectivity with direct rail access to Sydney CBD and ParramattaSignificant urban renewal and modern apartment development along Parramatta RiverStrong multicultural community with diverse dining and cultural amenitiesWaterfront lifestyle with Meadowbank Park and recreational facilitiesProximity to major shopping centres including Top Ryde City

Market Snapshot

Median House

$1.4M

+8.5% 1yr

Median Apartment

$750K

+6.8% 1yr

Median Townhouse

$1.1M

Vacancy Rate

2.1%

28 avg DOM

Yield (Apartment)

4.5%

Yield (House)

3.2%

Auction Clearance

72%

Population

8,500

True Cost Breakdown

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

Apartment

$4,834/mo

Purchase Price

$750,000

Stamp Duty

$28,280

1st Year Total

$58,004

House

$8,361/mo

Purchase Price

$1,450,000

Stamp Duty

$62,160

1st Year Total

$100,334

Townhouse

$6,657/mo

Purchase Price

$1,150,000

Stamp Duty

$46,280

1st Year Total

$79,880

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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