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1.3 km from CBD
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True annual cost of living in Barangaroo, NSW 2000

Living in a house in Barangaroo costs about $5,936 a year: council rates, water and sewerage, commute and home insurance combined. Barangaroo sits 1.3 kilometres from Sydney CBD. Unit costs reach $7,166, with the $3,500 body corporate levy accounting for the entire difference between the two. Transport mode has the biggest effect on total cost in a suburb this close to the city.

Last updated July 2026 · Sydney Council rates 2026-27, ATO 91c/km, AER electricity benchmarks

3 key insights

Running costs sit near the Sydney average, cheaper than 52% of suburbs in the region.
Home insurance is the biggest expense at $2,950, roughly 50% of the annual total.
Flood risk is rated high here, which lifts home insurance. Full risk detail is in the free report.
Get the free report: 10-year costs, flood & fire risk, crime, schools and overall verdict →
Lower cost
House annual cost
$5,936
Driving · per year
$495/month
Unit annual cost
$7,166
Incl. body corporate
$597/month
House vs unit difference
+$1,230
Unit costs more per year

Annual cost breakdown

Council rates
Sydney rates (OLG 2024-25 + IPART 2026-27 peg) · average rate
$924
Water & sewerage
Sydney Water 2026-27
$1,548
Driving commute
ATO 91c/km · 1.3km from CBD · 192 days
$514
Home insurance
Estimated · flood High · fire Low
$2,950
Total annual running cost
$5,936
($495/month)
Near Sydney average
SuburbCost affordability score ●●●○○ 5.2/10 Average
Cheaper to run than 52% of Sydney suburbs. Score blends running cost (50%), schools (20%) and flood & fire risk (30%).

Estimated electricity cost

typical 2-person household
House
$2,342/yr
5,238 kWh
Unit
$1,909/yr
3,929 kWh
Estimated from AER residential benchmarks for Barangaroo's climate zone at 2026-27 regulated prices for its electricity network. Get the free report for a breakdown by your exact number of occupants.

Getting around Barangaroo

within a 2 km walk
Nearest stop
Barangaroo, 123 m away, about a 2 minute walk. It is a metro stop.
Nearest hospital
Sydney Hospital, 1,463 m away, about an 18 minute walk.
Supermarkets
27
Cafes
288
Parks
138
Counted from OpenStreetMap via Overpass inside a 2 km walking radius of the suburb centre, built 2026-08-07. Distances are straight line from that centre, so a specific address can be closer or further. Mapping is contributed and can lag a new opening.

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Frequently asked questions about Barangaroo

Is it cheaper to drive or take public transport from Barangaroo to the CBD?

Driving saves Barangaroo residents $1,406 per year. Annual commute cost by car is $514 versus $1,920 by public transport using the Opal network.

What are the council rates in Barangaroo?

Barangaroo falls under Sydney Council. The average residential rate for 2026-27 is $924 per year for an owner-occupied house, based on OLG data uplifted by the council's IPART rate peg. Individual properties pay more or less depending on land value. Unit owners in strata schemes pay $924 per year. These figures cover the general rate only and exclude waste and cleansing charges.

What does it cost to run a unit in Barangaroo?

Running a unit in Barangaroo costs approximately $7,166 per year by car or $8,572 by public transport. This includes council rates of $924, water and sewerage $1,548, estimated body corporate levy of $3,500, and contents insurance of $680. Body corporate fees vary significantly between buildings. Always confirm the actual levy before purchasing.

Is Barangaroo close to public transport?

The nearest scheduled service to the centre of Barangaroo is Barangaroo, a metro stop about 123 m away, about a 2 minute walk. That is measured from the suburb centre, so an individual address can be nearer or further. The commute figure used in the running cost on this page assumes driving, not this service.

What is the closest hospital to Barangaroo?

The closest hospital to the centre of Barangaroo is Sydney Hospital, about 1,463 m away, about an 18 minute walk. Distance is straight line from the suburb centre and does not account for the road route or whether the hospital has an emergency department.

What shops and parks are in Barangaroo?

Within a 2 km walk of the centre of Barangaroo there are 27 supermarkets, 288 cafes and 138 parks. These counts come from OpenStreetMap via Overpass, which is contributed mapping and can lag a recent opening or closure.

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Data sources: Council rates: Sydney rates (OLG 2024-25 + IPART 2026-27 peg). Water: Sydney Water 2026-27. Commute: ATO cents per kilometre rate 2026–27 (91c/km). Insurance: AI-estimated, disclosed as estimate. Schools: ACARA ICSEA 2025. Risk: Fire: NSW RFS Bush Fire Prone Land. Flood: modelled from 30m elevation (topographic). Data updated 2026-07.
Cost estimates are for comparison purposes only and do not constitute financial, insurance, or credit advice.