Dulwich Hill apartment investment · New South Wales · 2203
Is a Dulwich Hill apartment a good investment?
The answer depends on the apartment, the price and the loan.
Using Dulwich Hill’s median apartment price and rent, the property brings in about $690 / week in rent. The loan and other costs total about $1,471 / week. The owner pays the remaining $781 / week before tax.
The loan is the biggest cost. With an 80% loan, the repayment is about $1,120 / week. Change the price, deposit or interest rate below to see how much the owner would pay each week.
Example only. Uses suburb data and the assumptions shown on this page. It is not a property valuation, forecast or recommendation.
02 · Change the numbers
Try a different price, rent or loan.
Change any number below and the full page updates straight away. Nothing is saved and your changes do not alter the public page.
Owner pays each week · before taxDulwich Hill median example
$781
- Cash needed before buyingDeposit, stamp duty and estimated buying costs
- $238,112
- Rent needed to cover weekly costsUsing the current price, loan and costs
- $1,578 / week
- Price needed to reach your targetUsing the rent entered below
- $296,727
- Net rental yieldAfter property costs, before loan costs
- 1.8%
General information only. This estimate does not consider your goals, financial situation or needs. Do not rely on it as the only reason to buy a property or choose a loan.
03 · Price and rent
What would need to change?
At the median price, the rent does not cover the loan and other weekly costs. These two charts show the price or rent needed to reach the target selected above.
Purchase price
The price would need to fall by $683,273.
Weekly rent
The rent would need to rise by $888 / week.
Listing sites show the asking price and advertised rent. Popurise shows what those numbers mean after the loan, strata and other costs are included.
04 · Weekly costs
Where the rent goes each week.
Start with the rent, then subtract the loan and each running cost. The final number shows what the owner pays or what remains after the weekly costs.
- Rent
- $690 / week
- Vacancy allowance
- −$27 / week
- Loan repayment
- −$1,120 / week
- Strata
- −$154 / week
- Property management
- −$57 / week
- Council and water
- −$50 / week
- Insurance
- −$15 / week
- Repairs and maintenance
- −$48 / week
- Owner pays
- $781 / week
The loan is by far the biggest cost. It accounts for about $1,120 / week of the $1,471 / week paid each week. That is why the price, deposit and interest rate change the result more than strata or the other property costs.
05 · Cash needed
How much cash is needed before buying?
The deposit is the largest part, but it is not the whole amount. Stamp duty and other buying costs also need to be paid before settlement.
- Deposit
- $196,00020% of the purchase price
- NSW stamp duty
- $38,512No first-home concession included
- Legal and conveyancing
- $2,200
- Inspections and loan costs
- $1,400Building and pest inspection plus estimated loan setup costs
This does not include the money needed to cover weekly costs after settlement. A larger deposit needs more cash upfront but reduces the loan and weekly repayment.
06 · What matters most
What changes the weekly result most?
Each row changes one number while everything else stays the same. The change with the largest effect appears first.
Each change is tested on its own. In real life, several numbers may change together. For example, a lower price also reduces the deposit, stamp duty and loan.
07 · 5 and 10 years
What could the result look like after 5 or 10 years?
This estimate combines the weekly costs, the amount of the loan paid down, buying and selling costs and an assumed 3% yearly rise in property value and rent. The growth rate is an assumption, not a prediction.
- Assumed increase in value after 5 years
- $156,089
- Loan paid down
- $51,801
- Stamp duty and buying costs
- −$42,112
- Weekly costs paid while owned
- −$203,000
- Selling costs
- −$24,222
- Estimated result before tax
- −$61,444
This is an illustration, not a forecast. Real prices, rent, interest rates, costs and tax outcomes will differ. The result can also be worse than the estimate shown.
08 · Data and assumptions
Which numbers are local, and which are assumptions?
The apartment price and rent come from NSW Government data for postcode 2203. Every other number is a Popurise starting assumption that can be changed above.
Local data for Dulwich Hill
These are medians across many apartments. A specific apartment can be very different because of its size, floor, view, building, condition and strata costs.
Middle 50% of recorded sales: $850,000 to $1,170,000 · 45 strata sales · October to December 2025
Middle 50% of new rents: $590 / week to $799 / week · 170 new rental bonds · January to March 2026
Starting assumptions
These are not facts about every Dulwich Hill apartment. Replace them with the actual strata, rates, insurance and loan terms for the property being considered.
Loan
Yearly property costs
Buying, growth and selling
09 · Sources and limits
Where the numbers come from.
The apartment price and rent use the public sources below. Popurise calculates the loan, stamp duty, weekly costs and 5 and 10-year estimates from the assumptions shown on this page.
NSW Communities and Justice — Rent and Sales Report (sales tables)
This is a postcode-wide median across apartments of different sizes, buildings and conditions. It covers one quarter of sales and is not a valuation of any apartment.
NSW Communities and Justice — Rent and Sales Report (rent tables)
This covers new rental bonds lodged during the quarter, not every existing tenancy. It combines apartments of different sizes and conditions across postcode 2203.
Boundary data
Based on Australian Bureau of Statistics data, ASGS Edition 3 Suburbs and Localities. The highlighted shape is the generalised ABS suburb boundary for Dulwich Hill, New South Wales. It is a separate geography from the postcode 2203 price and rent data used on this page. SAL 11306, Creative Commons Attribution 4.0 International (CC BY 4.0), retrieved 2026-08-01. abs.gov.au ↗
Known limits
- The local price and rent are postcode medians for postcode 2203. They do not account for a particular building, apartment size, floor, view, condition or strata history.
- The price and rent come from different published quarters. The sales figure uses October to December 2025 and the rent figure uses January to March 2026.
- The median price comes from 45 apartment sales in one quarter. It can move significantly between quarters and is not a property valuation.
- The loan, strata, insurance, property-management, vacancy, repair, growth and selling figures are starting assumptions. Real costs and loan terms vary by property and borrower.
Last reviewed 2 August 2026
Important information
Popurise provides general information and calculation tools.
This page is an example built from suburb data and the assumptions shown. It is not financial, credit, tax or legal advice, a property valuation, a forecast or a recommendation to buy, sell or choose a particular loan.
It does not consider your goals, financial situation or needs. Actual prices, rent, costs, loan terms, tax treatment and results will differ.
Check the property information and loan terms, and consider independent professional advice before acting.
10 · Common questions
Common questions about investing in Dulwich Hill apartments.
How much cash is needed to buy an apartment in Dulwich Hill?
About $238,112 under these assumptions. That includes a 20% deposit of $196,000, about $38,512 in NSW stamp duty and $3,600 for legal work, inspections and loan setup. It does not include the money needed to cover weekly costs after settlement.
How much rent would cover the weekly costs?
About $1,578 / week under the current settings. The median rent is $690 / week, so it would need to be about $888 / week higher for the rent to cover the loan and other weekly costs.
What purchase price would reach the selected weekly target?
About $296,727 under the current settings. That is about $683,273 below the median price of $980,000. Change the rent, deposit, interest rate or weekly target above to test a different result.
How much do strata costs affect the result?
At the assumed $8,000 / year, strata costs about $154 / week. An extra $1,000 / year in strata means the owner pays about $19 / week more. Actual strata costs vary widely between buildings, so replace this assumption with the real figure when analysing a property.
What happens if interest rates rise?
The loan is the largest weekly cost in this example. A rise from 6.3% to 7.3% means the owner pays about $120 / week more, taking the weekly amount paid from about $781 / week to about $901 / week before tax.
Is this based on a particular apartment?
No. It starts with the median apartment price and rent for postcode 2203, then uses the assumptions shown on this page. A real apartment may have a different price, rent, strata cost, condition, outlook, building history and loan.
Where does the Dulwich Hill price and rent data come from?
The figures come from the NSW Communities and Justice Rent and Sales Report. The sale price uses 45 postcode 2203 strata sales from October to December 2025. The rent uses 170 new rental bonds from January to March 2026.
What should be checked before analysing a real apartment?
Replace the suburb medians and assumptions with the property’s actual numbers: asking price, supported rental estimate, strata levies, council and water rates, insurance, condition and repair needs, building defects or special levies, and your loan terms. The suburb page is the starting point. Popurise Investor is where the actual property is analysed.
Found an apartment in Dulwich Hill? Run the real numbers.
The suburb median is only a starting point. Add the listing price, expected rent, actual strata costs and your loan to see the result for the apartment being considered.