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

The median apartment in Cherrybrook is $850,000. Including stamp duty ($32,780), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $64,076, or $5,340/month.

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

The median house in Cherrybrook 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 Cherrybrook?

Cherrybrook currently has a vacancy rate of 1.8%. Properties average 32 days on market.

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True Cost of Buying in Cherrybrook

2126 NSW · 28km to CBD

Rising

Market Intelligence

Cherrybrook is a prestigious family-oriented suburb in Sydney's Hills District, renowned for its exceptional educational facilities including the selective Cherrybrook Technology High School. This well-established community attracts professionals and families seeking quality schooling, with a significant Asian-Australian population contributing to its multicultural character. The suburb features a mix of established homes from the 1980s-90s and newer developments, supported by excellent amenities including Cherrybrook Village shopping center and proximity to Castle Towers. With strong transport links via the M2 Motorway and comprehensive bus services, residents enjoy convenient access to Sydney CBD while maintaining a peaceful suburban lifestyle. The area's abundant parks, recreational facilities, and family-focused infrastructure make it highly desirable among owner-occupiers, resulting in premium property values and strong market resilience.

Home to selective Cherrybrook Technology High School and quality primary schoolsStrong family-oriented community with excellent amenities and parksPremium Hills District location with established reputationConvenient M2 Motorway access and comprehensive bus servicesHigh owner-occupier rates ensuring stable community

Market Snapshot

Median House

$1.6M

+4.2% 1yr

Median Apartment

$850K

+3.8% 1yr

Median Townhouse

$1.2M

Vacancy Rate

1.8%

32 avg DOM

Yield (Apartment)

4.1%

Yield (House)

3.2%

Auction Clearance

72%

Population

12,500

True Cost Breakdown

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

Apartment

$5,340/mo

Purchase Price

$850,000

Stamp Duty

$32,780

1st Year Total

$64,076

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

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