True Cost of Buying in Tempe
2044 NSW · 8km to CBD
A decision, not just a search · Tempe
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
Tempe is a compact, strategically positioned inner-city suburb located just 8km south of Sydney's CBD, offering an appealing blend of urban convenience and residential tranquility. With a population of approximately 4,200, this tight-knit community benefits from excellent transport connectivity, including Tempe railway station on the Airport and South Line, making it highly attractive to professionals and commuters. The suburb's exceptional walkability score of 78 reflects its pedestrian-friendly streets, proximity to local amenities, and easy access to nearby commercial hubs like Marrickville and Alexandria. The median house price of $1,450,000 and unit price of $750,000 position Tempe as a relatively accessible entry point into Sydney's inner-city market, particularly when compared to neighbouring suburbs. The area appeals to young professionals, downsizers, and investors seeking strong capital growth potential, evidenced by an impressive growth score of 82. The median household income of $85,000 suggests a diverse demographic mix, while the rental yield of 3.8% and low vacancy rate of 1.8% indicate healthy rental demand and market stability. Tempe's investment score of 78 underscores its appeal as a solid investment proposition, combining growth potential with steady rental returns. The suburb offers good educational facilities with a school rating of 6.0, and a safety score of 7.0 provides reassurance for families and residents. Lifestyle amenities include proximity to the Cooks River parklands, offering walking and cycling trails, recreational spaces, and a connection to nature within an urban setting. The area is experiencing gradual gentrification, with ongoing improvements to local infrastructure and increasing cafe culture. While Tempe lacks the retail vibrancy of some neighbouring suburbs, its proximity to major shopping precincts and entertainment districts compensates for this. The suburb's industrial heritage is gradually transforming, with warehouse conversions and modern developments adding to housing diversity. For investors, Tempe presents a compelling opportunity: strong growth fundamentals, tight vacancy rates, and proximity to employment hubs including the airport precinct and CBD make it an attractive proposition for both capital appreciation and rental income generation.
Market Snapshot
Median House
$1.4M
+4.2% 1yr
Median Apartment
$750K
+3.8% 1yr
Median Townhouse
$1.1M
Vacancy Rate
1.8%
28 avg DOM
Yield (Apartment)
4.5%
Yield (House)
3.8%
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
$750,000
Stamp Duty
$28,280
1st Year Total
$58,004
House
Purchase Price
$1,450,000
Stamp Duty
$62,160
1st Year Total
$100,334
Townhouse
Purchase Price
$1,100,000
Stamp Duty
$44,030
1st Year Total
$76,844
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
$85,000
Median Age
32
Family Households
45%
Owner-Occupied
42%
Walkability
78/100
Public Transport
9/10
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