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

The median apartment in Woolloomooloo is $1,650,000. Including stamp duty ($73,160), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $112,616, or $9,385/month.

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

The median house in Woolloomooloo is $2,800,000. True first-year cost including stamp duty ($136,410), rates, insurance, maintenance, and mortgage repayments is approximately $188,996.

What is the vacancy rate in Woolloomooloo?

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

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True Cost of Buying in Woolloomooloo

2011 NSW · 2km to CBD

Stable

Market Intelligence

Woolloomooloo is one of Sydney's most prestigious inner-city suburbs, nestled between the CBD and Kings Cross with direct harbour frontage. This small but exclusive enclave is renowned for its iconic Woolloomooloo Wharf, featuring world-class dining and a luxury marina. The suburb has undergone significant gentrification over the past two decades, transforming from a working-class area into a highly sought-after address for affluent professionals. With its heritage-listed buildings, converted warehouses, and modern apartments, Woolloomooloo offers an unparalleled urban lifestyle just minutes from the Royal Botanic Gardens and Sydney Opera House. The area maintains a village-like atmosphere despite its central location, with boutique cafes, heritage pubs, and waterfront promenades creating a unique community feel. Property values reflect the suburb's premium positioning, with limited housing stock driving strong demand from both owner-occupiers and investors seeking exposure to Sydney's prime real estate market.

Prime harbourside location with direct water accessWalking distance to CBD, Opera House and Royal Botanic GardensIconic Woolloomooloo Wharf with premium dining and marina facilitiesStrong heritage character with converted warehouse developmentsExcellent public transport connectivity and walkability

Market Snapshot

Median House

$2.8M

+8.5% 1yr

Median Apartment

$1.6M

+7.2% 1yr

Median Townhouse

$2.2M

Vacancy Rate

1.8%

28 avg DOM

Yield (Apartment)

3.4%

Yield (House)

2.8%

Auction Clearance

78%

Population

1,200

True Cost Breakdown

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

Apartment

$9,385/mo

Purchase Price

$1,650,000

Stamp Duty

$73,160

1st Year Total

$112,616

House

$15,750/mo

Purchase Price

$2,800,000

Stamp Duty

$136,410

1st Year Total

$188,996

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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