Sydney, New South Wales

📊 Sydney Market Analysis

Buying a home in Sydney comes with costs that never appear in the listing price. Closing costs run 5.0% of the purchase price ($65,000), annual property taxes are 0.60%, and maintenance averages 1% per year. For someone staying less than 3 years, these unrecoverable costs add up to approximately $136,067 per year — before you even account for selling fees of 6%. In Sydney, these friction costs tilt the math firmly toward renting for anyone without a 10+ year horizon. The calculator below lets you see exactly when buying overtakes renting for your situation.