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

The median apartment in Greenwich is $1,200,000. Including stamp duty ($48,530), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $85,316, or $7,110/month.

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

The median house in Greenwich is $3,500,000. True first-year cost including stamp duty ($174,910), rates, insurance, maintenance, and mortgage repayments is approximately $234,976.

What is the vacancy rate in Greenwich?

Greenwich currently has a vacancy rate of 1.8%. Properties average 50 days on market.

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True Cost of Buying in Greenwich

2065 NSW · 7km to CBD

Stable

Market Intelligence

Greenwich is an exclusive harbourside suburb on Sydney's prestigious Lower North Shore, renowned for its stunning waterfront properties, heritage charm, and village-like atmosphere. With a population of approximately 2,100 residents, this affluent enclave attracts established professionals and families seeking a premium lifestyle just 7km from Sydney CBD. The suburb is dominated by heritage homes, renovated cottages, and luxury waterfront properties, with median house prices around $3.5 million reflecting its premium position. Greenwich offers exceptional amenities including the famous Greenwich Baths, sailing club, boutique shopping village, and highly regarded schools. The community enjoys excellent connectivity via ferry services from Greenwich Wharf to Circular Quay and bus connections, while maintaining a peaceful, family-friendly environment. Limited housing stock and strong demand from affluent buyers continue to drive capital growth, making it one of Sydney's most sought-after residential addresses.

Prime harbourside location with stunning water viewsHeritage character and village atmosphereExcellent schools and family-friendly environmentStrong capital growth and limited housing supplyPremium ferry and transport connections to CBD

Market Snapshot

Median House

$3.5M

+5.5% 1yr

Median Apartment

$1.2M

+3.5% 1yr

Median Townhouse

$2.0M

Vacancy Rate

1.8%

50 avg DOM

Yield (Apartment)

3.2%

Yield (House)

2.5%

Auction Clearance

75%

Population

5,400

True Cost Breakdown

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

Apartment

$7,110/mo

Purchase Price

$1,200,000

Stamp Duty

$48,530

1st Year Total

$85,316

House

$19,581/mo

Purchase Price

$3,500,000

Stamp Duty

$174,910

1st Year Total

$234,976

Townhouse

$10,955/mo

Purchase Price

$2,000,000

Stamp Duty

$92,410

1st Year Total

$131,456

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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