What is the true cost of buying an apartment in Middle Cove?

The median apartment in Middle Cove is $1,350,000. Including stamp duty ($56,660), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $94,412, or $7,868/month.

What does it really cost to buy a house in Middle Cove?

The median house in Middle Cove is $2,850,000. True first-year cost including stamp duty ($139,160), rates, insurance, maintenance, and mortgage repayments is approximately $192,282.

What is the vacancy rate in Middle Cove?

Middle Cove currently has a vacancy rate of 1.2%. Properties average 28 days on market.

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True Cost of Buying in Middle Cove

2068 NSW · 12km to CBD

Stable

Market Intelligence

Middle Cove is an exclusive Lower North Shore suburb in Sydney's Willoughby City Council area, renowned for its premium waterfront properties and pristine natural environment. Located approximately 12km north of Sydney CBD, this established family-oriented community offers a unique blend of bushland tranquility and harbour lifestyle, with many properties enjoying water views and direct access to Middle Harbour. The suburb is characterized by predominantly detached homes on generous blocks, surrounded by Lane Cove National Park and offering exceptional recreational amenities including boating, sailing, and bushwalking. With limited housing stock due to environmental constraints and established character, Middle Cove attracts affluent professionals and executives seeking privacy, prestige, and natural beauty. The community benefits from proximity to quality schools including Middle Cove Public School and nearby Barker College, though residents rely on private vehicles and bus services for transport due to the absence of rail infrastructure. Property values reflect the suburb's premium positioning, with strong historical capital growth driven by the desirable Lower North Shore location, natural amenities, and limited supply.

Premium Lower North Shore location with harbour access and water viewsSurrounded by Lane Cove National Park providing natural beauty and recreationExcellent school catchments including highly-rated Middle Cove Public SchoolLimited housing supply creating scarcity value and price stabilityStrong community amenities including tennis and sailing clubs

Market Snapshot

Median House

$2.9M

+8.5% 1yr

Median Apartment

$1.4M

+6.8% 1yr

Median Townhouse

$2.2M

Vacancy Rate

1.2%

28 avg DOM

Yield (Apartment)

4.2%

Yield (House)

2.8%

Auction Clearance

78%

Population

2,850

True Cost Breakdown

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

Apartment

$7,868/mo

Purchase Price

$1,350,000

Stamp Duty

$56,660

1st Year Total

$94,412

House

$16,024/mo

Purchase Price

$2,850,000

Stamp Duty

$139,160

1st Year Total

$192,282

Townhouse

$11,966/mo

Purchase Price

$2,200,000

Stamp Duty

$103,410

1st Year Total

$143,588

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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