True Cost of Buying in Summer Hill
2130 NSW · 8km to CBD
Market Intelligence
Summer Hill is a highly sought-after inner-west suburb located 8km from Sydney CBD, offering an exceptional blend of urban convenience and community charm. The area attracts young professionals, downsizers, and families drawn to its excellent transport links via Summer Hill railway station on the T1 Western Line, vibrant cafe culture along Lackey Street, and strong sense of community. The suburb features a diverse housing mix including Federation-era homes, inter-war apartments, and modern developments, contributing to its broad appeal. Property values have shown consistent growth driven by limited supply and high demand from educated professionals seeking proximity to the city. The demographic profile skews younger with a median age in the early 30s, high levels of university education, and significant rental market activity. Summer Hill's lifestyle offerings include quality dining, local markets, nearby parks such as Ashfield Park and Pratten Park, and a growing arts scene. The area benefits from established NBN infrastructure, planned cycling improvements, and strong community engagement through local events and initiatives.
Market Snapshot
Median House
$1.4M
+8.5% 1yr
Median Apartment
$785K
+6.8% 1yr
Median Townhouse
$1.1M
Vacancy Rate
1.8%
28 avg DOM
Yield (Apartment)
4.1%
Yield (House)
3.2%
Auction Clearance
72%
Population
4,200
True Cost Breakdown
Based on median prices · 20% deposit · 6.5% interest · 30-year term · Owner-occupier
Apartment
Purchase Price
$785,000
Stamp Duty
$29,855
1st Year Total
$60,128
House
Purchase Price
$1,450,000
Stamp Duty
$62,160
1st Year Total
$100,334
Townhouse
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.
Community Profile
Median Income
$95,000
Median Age
33
Family Households
42%
Owner-Occupied
58%
Walkability
82/100
Public Transport
9/10
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