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

The median apartment in Sydenham is $820,000. Including stamp duty ($31,430), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $62,252, or $5,188/month.

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

The median house in Sydenham is $1,350,000. True first-year cost including stamp duty ($56,660), rates, insurance, maintenance, and mortgage repayments is approximately $93,762.

What is the vacancy rate in Sydenham?

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

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True Cost of Buying in Sydenham

2044 NSW · 8km to CBD

Stable

Market Intelligence

Sydenham is a small but vibrant inner-west suburb located 8km southwest of Sydney CBD, offering excellent transport connectivity via the T2 Inner West Line and proximity to major arterials. The suburb features a diverse multicultural community with strong Greek, Italian, and Lebanese populations, creating a rich cultural tapestry. Property stock includes a mix of federation homes, modern apartments, and townhouses, with strong market performance driven by CBD accessibility and urban renewal. The area benefits from proximity to Sydney Park's recreational facilities and the entertainment precincts of Marrickville and Newtown. While local amenities are somewhat limited, residents enjoy easy access to surrounding suburbs' offerings. The competitive rental market attracts young professionals, and ongoing medium-density development is modernizing the housing stock while maintaining the suburb's character.

Direct rail access to CBD via T2 Inner West LineStrong multicultural community with established cultural networksProximity to Sydney Park and recreational facilitiesMix of housing types catering to diverse needsClose to vibrant Marrickville and Newtown precincts

Market Snapshot

Median House

$1.4M

+8.5% 1yr

Median Apartment

$820K

+7.2% 1yr

Median Townhouse

$1.1M

Vacancy Rate

1.8%

32 avg DOM

Yield (Apartment)

4.1%

Yield (House)

3.2%

Auction Clearance

72%

Population

3,200

True Cost Breakdown

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

Apartment

$5,188/mo

Purchase Price

$820,000

Stamp Duty

$31,430

1st Year Total

$62,252

House

$7,814/mo

Purchase Price

$1,350,000

Stamp Duty

$56,660

1st Year Total

$93,762

Townhouse

$6,657/mo

Purchase Price

$1,150,000

Stamp Duty

$46,280

1st Year Total

$79,880

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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