What is the true cost of buying an apartment in Scotland Island?

The median apartment in Scotland Island is $1,450,000. Including stamp duty ($62,160), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $100,484, or $8,374/month.

What does it really cost to buy a house in Scotland Island?

The median house in Scotland Island is $2,250,000. True first-year cost including stamp duty ($106,160), rates, insurance, maintenance, and mortgage repayments is approximately $152,874.

What is the vacancy rate in Scotland Island?

Scotland Island currently has a vacancy rate of 1.8%. Properties average 65 days on market.

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True Cost of Buying in Scotland Island

2105 NSW · 42km to CBD

Stable

Market Intelligence

Scotland Island is an exclusive residential island community in Pittwater, Northern Beaches, accessible only by ferry from Church Point. With approximately 650-700 residents, this unique suburb offers a rare blend of waterfront living and environmental tranquility just 40km from Sydney CBD. The island features no vehicle access, creating a pedestrian-friendly environment with golf carts and walking paths. Properties range from $1.5M-$3M+, attracting affluent families and retirees seeking privacy and natural beauty. The community centers around Scotland Island Public School (K-6) and maintains strong social cohesion through an active residents association. Limited commercial amenities mean residents rely on Church Point for services, while the island offers exceptional bushwalking tracks and water-based recreation. Infrastructure includes underwater electricity and telecommunications cables, with specialized water and waste systems. The property market experiences seasonal fluctuations and limited supply due to geographic constraints and environmental protections, making it a distinctive premium enclave.

Exclusive waterfront island living with complete privacyUnique car-free environment promoting community interactionStrong capital growth potential due to limited supplyExceptional natural environment with pristine waterwaysClose-knit community with high social cohesion

Market Snapshot

Median House

$2.3M

+8.5% 1yr

Median Apartment

$1.4M

+7.2% 1yr

Median Townhouse

—

Vacancy Rate

1.8%

65 avg DOM

Yield (Apartment)

3.4%

Yield (House)

2.8%

Auction Clearance

72%

Population

675

True Cost Breakdown

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

Apartment

$8,374/mo

Purchase Price

$1,450,000

Stamp Duty

$62,160

1st Year Total

$100,484

House

$12,740/mo

Purchase Price

$2,250,000

Stamp Duty

$106,160

1st Year Total

$152,874

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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