Inner-city living at its most walkable. Terraces on tree-lined streets sell for $2M to $5M. Units range from $455K studios to $23.45M penthouses. The $4.15M median house price masks a suburb split between heritage terraces, converted warehouses, and social housing pockets.
The medians tell you very little. Surry Hills has everything from $455K studios to $34M trophy terraces. Here is what each price band actually looks like.
Bounded by Central Station to the south, Oxford Street to the north, and Bourke Street to the east. The suburb packs Victorian terraces, warehouses, social housing, and new apartments into a tight 1.5 sq km.
The cafe and restaurant spine. Terraces here fetch $2.5M to $5M. High foot traffic, walkable to everything. Unit 201, 8 Fitzroy Pl sold for $1.78M. The premium product is a renovated 3-bed terrace with rear courtyard on a quiet cross-street.
Quieter residential streets. More families. Larger terraces on wider blocks. Median around $3M to $4.5M for houses. 30 Marshall St listed at $3.3M. Tree-lined streets, less commercial noise.
More affordable entry. Closer to Central Station. Higher density, more units and new builds. Significant social housing around Surry Hills Estate (Belvoir St area). Units from $455K. More renters, more turnover.
Converted warehouses and creative spaces. Loft-style apartments. Median unit around $1.2M to $2M. Popular with creative professionals. 70 Mary St listed at $4.14M. Larger floor plates than typical units.
Current median price by street, calculated from our property valuation model. Surry Hills has 80+ streets with price data. Showing top 8 below.
| Street | Current Median | Type | Beds | Total Sales | Median Hold | Trend |
|---|---|---|---|---|---|---|
| Crown St | $3.85M | Terrace | 3 | 412 | 12 yrs | |
| Bourke St | $3.42M | Terrace | 3 | 380 | 10 yrs | |
| Devonshire St | $3.21M | Terrace | 3 | 195 | 14 yrs | |
| Foveaux St | $2.95M | Mixed | 2 | 287 | 8 yrs | |
| Riley St | $2.68M | Mixed | 2 | 310 | 7 yrs | |
| Buckingham St | $2.41M | Unit | 2 | 245 | 6 yrs | |
| Kippax St | $1.89M | Unit | 2 | 178 | 5 yrs | |
| Cleveland St | $1.52M | Unit | 2 | 420 | 5 yrs |
+72 more streets available in the full Surry Hills report, including Davies St ($3.1M), Marshall St ($3.3M), Fitzroy St ($2.7M), and all 80+ streets with current medians and trends.
| Address | Sale Price | AVM Value | vs Valuation | Bed/Bath/Gar | Date |
|---|---|---|---|---|---|
| Unit 31, 61-89 Buckingham St | $1,407,000 | $1,410,000 | ~match | 3/1/1 | Jan 2026 |
| Unit 201, 8 Fitzroy Pl | $1,781,000 | $1,790,000 | ~match | 2/2/1 | Feb 2026 |
| Unit 21, 47-49 Buckingham St | $1,160,000 | $1,160,000 | ~match | 2/2/1 | Mar 2026 |
| Unit 105, 117 Kippax St | $1,135,000 | $1,140,000 | ~match | 1/1/-- | Dec 2025 |
| Unit 7, 4-10 Dawson St | $898,000 | $900,000 | ~match | 2/1/-- | Nov 2025 |
| Unit 18, 277-285 Crown St | $668,000 | $670,000 | ~match | --/--/-- | Oct 2025 |
Unit 201, 8 Fitzroy Pl at $1.78M is the highest sale shown. All sales closely match AVM valuations. More sales in the full report.
| Address | Guide | AVM Value | Bed/Bath/Gar | Agent | Listed |
|---|---|---|---|---|---|
| 46 Davies St | Guide $2,800,000 | $2.95M | 3/2/-- | BresicWhitney East | 6 Nov 2025 |
| 30 Marshall St | $3,300,000 | $3.35M | 3/2/-- | Bresic Whitney Darlinghurst | -- |
| 70 Mary St | $4,140,000 | $4.20M | 2/2/-- | -- | -- |
| 11 Ridge St | Deposit taken | $2.85M | 2/1/1 | Bresic Whitney Darlinghurst | -- |
| 1 Poplar St | Contact Agent | $1.95M | --/1/-- | Raine & Horne Marrickville | 30 Sep 2025 |
5 properties shown. Blurred valuations are in the report ($49). 1 shown free as example. Bresic Whitney dominates Surry Hills listings. See all Surry Hills properties.
| Metric | Surry Hills | Sydney |
|---|---|---|
| Median house | $4.15M | $1.47M |
| Median unit | $2.15M | $780K |
| Rent range | $425-$11,690/wk | $450-$2,500/wk |
| Addresses | 19,711 | -- |
| Microburbs | 202 | -- |
| Metric | Surry Hills | Sydney |
|---|---|---|
| Median rent (unit) | $750/wk | $550/wk |
| Gross yield (unit) | 2.8% | 2.4% |
| Renter share | 55% | 36% |
| Vacancy rate | 1.8% | 2.1% |
Surry Hills is a renter-majority suburb. Over half the population rents. The rental market is tight with strong demand from young professionals and creative workers. See rental yield by block in the full report. From $49.
Surry Hills is one of Sydney's densest suburbs. Victorian terraces are the premium product, but they are a shrinking share of total stock as new apartment buildings rise on the edges. Crown Street is the commercial spine with 200+ cafes, restaurants, and independent shops.
Heritage overlays protect many of the original terraces, but the southern and western edges face ongoing rezoning pressure. The City of Sydney's housing strategy targets higher density along Cleveland Street and near Central Station. New builds here are typically 6-8 storey mixed-use.
The suburb has a visible social housing presence. The Surry Hills social housing estate near Belvoir Street accounts for a measurable share of the southern microburbs. This creates sharp price boundaries: a terrace on Devonshire Street can be $3M while a block 200m south is dominated by social housing.
The main risk in Surry Hills is adjacency to social housing. The Surry Hills social housing estate creates sharp value boundaries within walking distance. Our block-level data maps exactly which microburbs are affected.
Surry Hills has identified social housing properties concentrated in the southern microburbs near Belvoir Street. We check every property individually using ownership records and tenancy data. In the full report, you can see social housing probability for individual addresses. See Belmont North for an example suburb with social housing data.
| Suburb | City | Median House | Median Unit | Character | Walkability |
|---|---|---|---|---|---|
| Surry Hills | Sydney | $4.15M | $2.15M | Terraces, cafes | Very high |
| Darlinghurst | Sydney | $3.8M | $1.45M | Terraces, nightlife | Very high |
| Redfern | Sydney | $2.6M | $950K | Gentrifying, mixed | High |
| Chippendale | Sydney | $2.4M | $880K | Terraces, uni area | High |
| Paddington | Sydney | $3.95M | $1.2M | Premium terraces | High |
Surry Hills has the highest unit prices of its neighbours, driven by warehouse conversions and new luxury stock. Redfern offers similar inner-city access at $1.5M less for houses. Paddington matches on terrace quality but with quieter streets. Compare neighbours in the full report.
Every topic below has its own block-level analysis for Surry Hills. Click to see the full breakdown.
Compare Surry Hills to: Darlinghurst | Redfern | Chippendale | Paddington | Haymarket | Potts Point | Newtown
Or search any suburb to see block-level data.
