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Map of Haymarket
1.4 km from CBD
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True annual cost of living in Haymarket, NSW 2000

Living in a house in Haymarket costs about $5,286 a year: council rates, water and sewerage, commute and home insurance combined. Haymarket sits 1.4 kilometres from Sydney CBD. Unit costs reach $7,016, 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

Cheaper to run than 93% of Sydney suburbs, about 9% below the regional average.
Home insurance is the biggest expense at $2,300, roughly 44% of the annual total.
Switching from driving to public transport saves $1,406 a year.
Get the free report: 10-year costs, flood & fire risk, crime, schools and overall verdict →
Lower cost
House annual cost
$5,286
Driving · per year
$441/month
Unit annual cost
$7,016
Incl. body corporate
$585/month
House vs unit difference
+$1,730
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 · 1.4km from CBD · 192 days
$514
Home insurance
Estimated · flood Medium · fire Low
$2,300
Total annual running cost
$5,286
($441/month)
↓ 9% below Sydney average
SuburbCost affordability score ●●●●○ 8.1/10 Excellent
Cheaper to run than 93% 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 Haymarket'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 Haymarket

within a 2 km walk
Nearest stop
Haymarket, 86 m away, about a minute on foot. It is a light rail stop.
Nearest hospital
The Skin Hospital Darlinghurst, 1,224 m away, about a 15 minute walk.
Supermarkets
56
Cafes
561
Parks
184
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.

Compare Haymarket with another suburb

Frequently asked questions about Haymarket

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

Driving saves Haymarket 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 Haymarket?

Haymarket 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 Haymarket?

Running a unit in Haymarket costs approximately $7,016 per year by car or $8,422 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 $530. Body corporate fees vary significantly between buildings. Always confirm the actual levy before purchasing.

Is Haymarket close to public transport?

The nearest scheduled service to the centre of Haymarket is Haymarket, a light rail stop about 86 m away, about a minute on foot. 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 Haymarket?

The closest hospital to the centre of Haymarket is The Skin Hospital Darlinghurst, about 1,224 m away, about a 15 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 Haymarket?

Within a 2 km walk of the centre of Haymarket there are 56 supermarkets, 561 cafes and 184 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.