Surry Hills is a well-established suburb in New South Wales within the Sydney local government area (postcode 2010). With a population of 15,828, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $120K per year, with an average household size of 1.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Surry Hills is $2.5 million, having declined 6.3% over the past year. Units have a median price of $953,000 (+0.3% YoY). The current median weekly rent is $820. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $2,839.
Surry Hills is served by 5 schools, including 3 primary, 2 secondary. The average ICSEA score is 1128, which is well above the national average of 1,000. Public transport access includes 1 tram stop, 28 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Sydney LGA is moderate at 7,409 incidents per 100,000 population.
From an investment perspective, Surry Hills offers a gross rental yield of 1.7%, rated as low yield. Property prices are above the state median ($2.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 20.5x is considered stretched. House prices have moved -6.3% year-on-year.
Surry Hills is a well-established suburb in New South Wales within the Sydney local government area (postcode 2010). With a population of 15,828, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $120K per year, with an average household size of 1.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Surry Hills is $2.5 million, having declined 6.3% over the past year. Units have a median price of $953,000 (+0.3% YoY). The current median weekly rent is $820. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $2,839.
Surry Hills is served by 5 schools, including 3 primary, 2 secondary. The average ICSEA score is 1128, which is well above the national average of 1,000. Public transport access includes 1 tram stop, 28 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Sydney LGA is moderate at 7,409 incidents per 100,000 population.
From an investment perspective, Surry Hills offers a gross rental yield of 1.7%, rated as low yield. Property prices are above the state median ($2.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 20.5x is considered stretched. House prices have moved -6.3% year-on-year.