True Cost of Buying in Summer Hill

2130 NSW · 8km to CBD

Stable

Market Intelligence

Summer Hill is a highly sought-after inner-west suburb located 8km from Sydney CBD, offering an exceptional blend of urban convenience and community charm. The area attracts young professionals, downsizers, and families drawn to its excellent transport links via Summer Hill railway station on the T1 Western Line, vibrant cafe culture along Lackey Street, and strong sense of community. The suburb features a diverse housing mix including Federation-era homes, inter-war apartments, and modern developments, contributing to its broad appeal. Property values have shown consistent growth driven by limited supply and high demand from educated professionals seeking proximity to the city. The demographic profile skews younger with a median age in the early 30s, high levels of university education, and significant rental market activity. Summer Hill's lifestyle offerings include quality dining, local markets, nearby parks such as Ashfield Park and Pratten Park, and a growing arts scene. The area benefits from established NBN infrastructure, planned cycling improvements, and strong community engagement through local events and initiatives.

Excellent transport connectivity with direct train access to Sydney CBDVibrant local dining and cafe scene along Lackey StreetStrong community atmosphere with regular markets and eventsDiverse housing stock appealing to various buyer demographicsHigh proportion of educated professionals and stable demographics

Market Snapshot

Median House

$1.4M

+8.5% 1yr

Median Apartment

$785K

+6.8% 1yr

Median Townhouse

$1.1M

Vacancy Rate

1.8%

28 avg DOM

Yield (Apartment)

4.1%

Yield (House)

3.2%

Auction Clearance

72%

Population

4,200

True Cost Breakdown

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

Apartment

$5,011/mo

Purchase Price

$785,000

Stamp Duty

$29,855

1st Year Total

$60,128

House

$8,361/mo

Purchase Price

$1,450,000

Stamp Duty

$62,160

1st Year Total

$100,334

Townhouse

$6,657/mo

Purchase Price

$1,150,000

Stamp Duty

$46,280

1st Year Total

$79,880

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Community Profile

Median Income

$95,000

Median Age

33

Family Households

42%

Owner-Occupied

58%

Walkability

82/100

Public Transport

9/10

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