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

The median apartment in Burwood is $750,000. Including stamp duty ($28,280), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $58,004, or $4,834/month.

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

The median house in Burwood is $1,650,000. True first-year cost including stamp duty ($73,160), rates, insurance, maintenance, and mortgage repayments is approximately $113,466.

What is the vacancy rate in Burwood?

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

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True Cost of Buying in Burwood

2134 NSW · 12km to CBD

Rising

Market Intelligence

Burwood, NSW 2134 is a vibrant Inner West suburb located 12km west of Sydney CBD, renowned for its exceptional transport connectivity and multicultural community. The area serves as a major education hub with Deakin University's Sydney campus and proximity to other tertiary institutions, creating a dynamic student and young professional population. The suburb features a predominantly apartment-based property market with strong rental demand driven by its university presence and excellent rail connections via Burwood Station, which provides direct CBD access through multiple train lines. Burwood offers an attractive lifestyle with Westfield Burwood and Burwood Plaza providing comprehensive shopping, diverse dining reflecting its multicultural character, and Burwood Park offering valuable green space. The area benefits from ongoing urban renewal and is part of the Sydney Metro West planning corridor, positioning it for future growth. With its combination of transport accessibility, educational institutions, established amenities, and development potential, Burwood represents a compelling investment opportunity in Sydney's competitive property market, particularly for investors seeking strong rental yields and capital growth potential.

Exceptional transport connectivity with direct CBD rail access via T1, T2, and T9 linesStrong rental demand driven by Deakin University campus and student accommodation needsEstablished retail and dining precinct with Westfield Burwood and diverse multicultural offeringsFuture Sydney Metro West station planned, enhancing transport infrastructureHigh-density development opportunities with ongoing urban renewal projects

Market Snapshot

Median House

$1.6M

+8.5% 1yr

Median Apartment

$750K

+6.8% 1yr

Median Townhouse

$1.2M

Vacancy Rate

1.8%

28 avg DOM

Yield (Apartment)

4.8%

Yield (House)

3.2%

Auction Clearance

72%

Population

15,800

True Cost Breakdown

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

Apartment

$4,834/mo

Purchase Price

$750,000

Stamp Duty

$28,280

1st Year Total

$58,004

House

$9,456/mo

Purchase Price

$1,650,000

Stamp Duty

$73,160

1st Year Total

$113,466

Townhouse

$6,910/mo

Purchase Price

$1,200,000

Stamp Duty

$48,530

1st Year Total

$82,916

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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