What is the true cost of buying an apartment in Rushcutters Bay?

The median apartment in Rushcutters Bay 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 Rushcutters Bay?

The median house in Rushcutters Bay is $3,200,000. True first-year cost including stamp duty ($158,410), rates, insurance, maintenance, and mortgage repayments is approximately $215,272.

What is the vacancy rate in Rushcutters Bay?

Rushcutters Bay currently has a vacancy rate of 1.8%. Properties average 28 days on market.

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True Cost of Buying in Rushcutters Bay

2011 NSW · 3km to CBD

Stable

Market Intelligence

Rushcutters Bay is an exclusive harbourside suburb located just 3km east of Sydney CBD, renowned for its premium waterfront lifestyle and proximity to the city. This small, affluent enclave is dominated by high-end apartment living, with limited house stock driving premium pricing. The suburb attracts young professionals, empty nesters, and affluent investors seeking inner-city convenience with harbour access. Rushcutters Bay Park provides rare harbour frontage with recreational facilities, while residents enjoy easy access to Kings Cross entertainment and Potts Point's renowned dining scene. The property market is characterized by strong price growth driven by scarcity, harbour views, and CBD proximity. Limited new development due to heritage constraints and small suburb size maintains exclusivity but restricts supply. Excellent transport connectivity via Kings Cross Station and multiple bus routes supports a car-free lifestyle, though parking remains challenging. The community enjoys a sophisticated urban lifestyle with strong cafe culture, though local amenities are limited with residents relying on nearby suburbs for shopping and schooling.

Prime harbourside location with waterfront park and recreational facilitiesExceptional proximity to Sydney CBD (3km) with excellent transport linksExclusive small suburb with limited supply driving property value stabilityHigh-end apartment market with strong rental yields and capital growthAccess to Kings Cross and Potts Point entertainment and dining precincts

Market Snapshot

Median House

$3.2M

+12.5% 1yr

Median Apartment

$1.4M

+10.8% 1yr

Median Townhouse

$2.8M

Vacancy Rate

1.8%

28 avg DOM

Yield (Apartment)

4.1%

Yield (House)

3.2%

Auction Clearance

78%

Population

1,850

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

$17,939/mo

Purchase Price

$3,200,000

Stamp Duty

$158,410

1st Year Total

$215,272

Townhouse

$15,000/mo

Purchase Price

$2,800,000

Stamp Duty

$136,410

1st Year Total

$179,996

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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