True Cost of Buying in Russell Lea
2046 NSW · 12km to CBD
Market Intelligence
Russell Lea is a highly sought-after residential suburb in Sydney's Inner West, located 12km from the CBD in the City of Canada Bay. This family-oriented community is characterized by predominantly detached housing on generous blocks, tree-lined streets, and a strong sense of community. The suburb attracts young families and professionals seeking proximity to the city while maintaining a suburban lifestyle. With excellent schools including Russell Lea Public School, proximity to Concord and Drummoyne shopping precincts, and access to quality parks and recreational facilities, Russell Lea offers an enviable lifestyle balance. The property market has shown consistent growth over the past five years, driven by limited supply and strong demand from families. While lacking direct rail access, the suburb is well-serviced by bus routes and benefits from its strategic location between major employment hubs. The community is ethnically diverse with significant Italian and Greek heritage, contributing to a rich cultural atmosphere. Recent infrastructure improvements and planned transport enhancements position Russell Lea for continued growth and desirability in the competitive Inner West market.
Market Snapshot
Median House
$1.9M
+8.5% 1yr
Median Apartment
$950K
+6.8% 1yr
Median Townhouse
$1.4M
Vacancy Rate
1.8%
38 avg DOM
Yield (Apartment)
4.1%
Yield (House)
3.2%
Auction Clearance
78%
Population
2,850
True Cost Breakdown
Based on median prices · 20% deposit · 6.5% interest · 30-year term · Owner-occupier
Apartment
Purchase Price
$950,000
Stamp Duty
$37,280
1st Year Total
$70,148
House
Purchase Price
$1,850,000
Stamp Duty
$84,160
1st Year Total
$126,610
Townhouse
Purchase Price
$1,450,000
Stamp Duty
$62,160
1st Year Total
$98,084
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
$95,000
Median Age
38
Family Households
68%
Owner-Occupied
72%
Walkability
72/100
Public Transport
6/10
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