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

The median apartment in Tamarama is $2,800,000. Including stamp duty ($136,410), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $182,396, or $15,200/month.

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

The median house in Tamarama is $8,500,000. True first-year cost including stamp duty ($595,000), rates, insurance, maintenance, and mortgage repayments is approximately $563,372.

What is the vacancy rate in Tamarama?

Tamarama currently has a vacancy rate of 1.2%. Properties average 25 days on market.

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True Cost of Buying in Tamarama

2026 NSW · 7km to CBD

Stable

A decision, not just a search · Tamarama

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

Tamarama is an exclusive beachside enclave in Sydney's Eastern Suburbs, renowned for its pristine 80-meter beach and premium coastal lifestyle. With a population of just 850 residents, this intimate suburb commands some of Sydney's highest property prices, with median house prices reaching $8.5 million and units averaging $2.8 million. The demographic profile reflects its premium positioning, featuring affluent professionals, downsizers, and international residents with a median income of $165,000. The suburb is characterized by high-density apartment living (82% units) due to limited land availability and heritage restrictions. Tamarama's appeal lies in its beachfront location, forming part of the iconic Bondi to Coogee coastal walk, proximity to Bondi Junction's amenities, and strong community focus around the Surf Life Saving Club. While lacking direct rail access and local retail infrastructure, its unparalleled coastal position, low crime rates, and consistent capital growth make it a highly sought-after investment destination for those seeking premium beachside living in Sydney's most prestigious coastal corridor.

Prime beachfront location with direct beach access and coastal lifestyleExceptional capital growth with 45% house price growth over 5 yearsUltra-low vacancy rates at 1.2% indicating strong rental demandExclusive small suburb character with limited housing stock creating scarcity valueProximity to Bondi Junction transport hub and CBD connectivity

Market Snapshot

Median House

$8.5M

+12.5% 1yr

Median Apartment

$2.8M

+8.5% 1yr

Median Townhouse

$4.5M

Vacancy Rate

1.2%

25 avg DOM

Yield (Apartment)

2.8%

Yield (House)

2.1%

Auction Clearance

78%

Population

850

True Cost Breakdown

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

Apartment

$15,200/mo

Purchase Price

$2,800,000

Stamp Duty

$136,410

1st Year Total

$182,396

House

$46,948/mo

Purchase Price

$8,500,000

Stamp Duty

$595,000

1st Year Total

$563,372

Townhouse

$23,596/mo

Purchase Price

$4,500,000

Stamp Duty

$315,000

1st Year Total

$283,148

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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