Enviable climate. The best beaches. World-famous and iconic buildings and locations. Fantastic food and art scene. Diversity. Opportunities. Sydney has it all! If you’re keen on living where the action is in, then you’re going to the right place.
But before you go, you need to know the basics, so you can make an informed decision on potential costs that are involved if you chose to join the Sydneysiders and the dynamic and cosmopolitan city of Sydney.
Properties in Sydney are understandably high whether you’re looking to buy or rent. This is especially true if you’re looking to buy a home within the city. Of course, prices will vary from one area to another, but the estimates below will show you what’s available at what price.
Monthly Rental Prices in Sydney
- 1 bedroom flat (apartment) in City Centre: $2000+ AUD
- 1 bedroom flat outside the City Centre: $1386+ AUD
- 3 bedroom flat in City Centre: $3600+ AUD
- 3 bedroom flat outside the City Centre: $2050+ AUD
Sydney Home Purchase Prices
- Price per square metre (10.7 square feet) to buy in City Centre: $13,382.89 AUD
- Price per square metre (10.7 square feet) to buy outside City: $8,800.81 AUD
You’ll find a plethora of transportation options in Sydney. There’s a network of trains, buses, light rail, and ferries to take you where you need to go. In 2016, Opal card was introduced to simplify transportation by covering payment of all forms of transport in the city.
Example ticket costs.
- Adult Single – A$4
- One day ticket for all transport – A$35
- Monthly season ticket for bus, light rail, ferry and train – A$160
- 48-hour ticket for all transport – A$56
Quick Sydney Facts:
Population: 5 million as of June 2017
Official Language: English (de facto) with more than 250 languages being spoken around the city, including Arabic, Mandarin, Cantonese, Italian, Greek, Filipino, Spanish, Hindi, Korean and many others.
GDP Per Capita: $80,000 USD in 2017
Currency: Australian Dollar ($, AUD).
Companies: Around 60% of Australia’s top 100 companies have their headquarters in Sydney.
Living within Sydney without going broke
While Sydney is one of the most expensive Australian cities to live in, you shouldn’t feel or experience living on a shoestring budget just to stay. If living in an apartment doesn’t excite you, then consider a suburb where you can have more space, less noise, better facilities, good schools for kids, and quick transportation to the CBD.
The Hills Shire, one of many Lendlease housing communities near Sydney CBD is one of the fastest growing areas of Sydney. The New Rouse Hill residents can enjoy exclusive access to recreational facilities including a community pavilion with tennis and multi-use courts, swimming pool and gym. Amenities like parks and open spaces are conveniently located throughout the community within walking distance of each home as well.
For transportation, you won’t adjust much since getting to work is a breeze with the TWay located nearby with direct services to the Sydney CBD, Blacktown and Parramatta and the Sydney Metro Northwest train line is under construction.
We hope you enjoy living in the beautiful Sydney like most Aussies do. Best of luck!