Most Expensive Neighborhoods in Sydney

All 24 neighborhoods in Sydney ranked by cost of living index. Updated 2026.

Highest Rent
$2,860/mo
City Avg Rent
$2,200/mo
Neighborhoods
24

Most Expensive Neighborhoods in Sydney — Full Rankings

# Neighborhood 1BR Rent Index vs Avg
1 Double Bay $2,860/mo 1.30x +30%
2 Mosman $2,816/mo 1.28x +28%
3 CBD $2,750/mo 1.25x +25%
4 Bondi $2,684/mo 1.22x +22%
5 Pyrmont $2,596/mo 1.18x +18%
6 Surry Hills $2,530/mo 1.15x +15%
7 Paddington $2,530/mo 1.15x +15%
8 Darlinghurst $2,464/mo 1.12x +12%
9 Coogee $2,464/mo 1.12x +12%
10 Kirribilli $2,464/mo 1.12x +12%
11 Manly $2,420/mo 1.10x +10%
12 Balmain $2,420/mo 1.10x +10%
13 Glebe $2,376/mo 1.08x +8%
14 Newtown $2,310/mo 1.05x +5%
15 Neutral Bay $2,310/mo 1.05x +5%
16 Redfern $2,244/mo 1.02x +2%
17 Chatswood $2,090/mo 0.95x -5%
18 Lane Cove $2,024/mo 0.92x -8%
19 Marrickville $1,980/mo 0.90x -10%
20 Cronulla $1,980/mo 0.90x -10%
21 Parramatta $1,804/mo 0.82x -18%
22 Ryde $1,804/mo 0.82x -18%
23 Hornsby $1,716/mo 0.78x -22%
24 Bankstown $1,584/mo 0.72x -28%

Rent estimates based on city average of $2,200/mo adjusted by neighborhood cost index. Index 1.00 = city average.

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Frequently Asked Questions

What is the most expensive neighborhood in Sydney?

The most expensive neighborhood in Sydney is Double Bay, with an estimated 1-bedroom rent of $2,860/month — 30% above the city average.

How much more expensive is Double Bay than the city average?

Double Bay is approximately 30% more expensive than the Sydney average. 1-bedroom rent is $2,860/mo vs $2,200/mo city-wide.

How many neighborhoods does Sydney have?

Our database covers 24 neighborhoods in Sydney, each with detailed cost-of-living and salary data.

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