Median price · 7 years
Rolling 12-month median, all dwellings
$1,650,000+11.9% past 12 months
2020202120222023202420252026
Surry Hills
Strong outlook Growth score 77 Top 9% of sample
Risk score 32 Low · lower is better
Stability score 88 Consistent over 10 years
What drives the growth score
Nine metrics, each benchmarked against every suburb nationally. Weighted sum equals the score.
Sales momentum18% Strong · 99
Listing scarcity15% Strong · 79
Rental demand14% Moderate · 66
Days on market12% Strong · 75
Infrastructure investment11% Strong · 99
Jobs access10% Strong · 74
Population growth8% Moderate · 64
Income growth7% Weak · 42
New supply pressure5% · negative High · 57
Key metrics vs benchmarks
NSW column is the sample-state average; national is the whole sample.
| Metric | Surry Hills | NSW | National |
|---|---|---|---|
| Median price | $1,650,000 | $875,000 | $734,203 |
| 12-month growth | +11.9% | +7.3% | +8.4% |
| Gross rental yield | 2.8% | 3.3% | 4.0% |
| Vacancy rate | 1.8% | 1.3% | 1.3% |
| Days on market | 32 | 36 | 31 |
| Auction clearance | 75% | 67% | 62% |
| New supply pipeline | High | Moderate | Moderate |
Risk score components
Lower is safer. Components are read independently; the score is their weighted blend.
32Low risk
New supply pipelineApproved dwellings vs existing stock High · 57
Employment concentrationShare of jobs in the top two industries Low · 30
Price volatility, 5 yearsLargest peak-to-trough drawdown Low · 19
Vacancy pressureCurrent vacancy vs 2% threshold Low · 32
Hazard exposureFlood, bushfire and storm surge overlays Low · 27
Who lives here
ABS Census, latest release, aggregated to suburb
16,200population 34median age 35%owner-occupied 65%renting
Owner-occupiedRenting
Surry Hills is an inner Sydney creative hub just 1km from the CBD, known for its terrace houses, vibrant dining scene on Crown Street, and strong professional demographic. The suburb benefits from Central Station Tech Precinct proximity and excellent light rail connectivity.
On the ground
Committed projects and catalysts feeding the infrastructure and jobs metrics
- Central Station Tech Precinct development
- Sydney Light Rail connectivity
- Crown Street dining and retail precinct
- Inner-city employment proximity
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