Market Performance

According to Cotality data, over the past ten years, Surry Hills house prices have risen roughly 62% while apartments have gained about 38% with the median value being $2.55 million and $1.04 million respectively.

Demographics and Housing

With around 16,000 residents, a median age in the mid 30s, and a median weekly household income above $2,300, Surry Hills is undeniably affluent and vibrant. Apartments make up about 68 percent of dwellings, terraces and townhouses 29 percent, and freestanding houses just over 1 percent.

Lifestyle and Facilities

When it comes to lifestyle those seeking entertainment, eateries and bars won’t be short of options. Prince Alfred Park is one of the many green spaces in the area, and offers a peaceful urban green retreat with pools and sports facilities. The suburb buzzes with the Surry Hills Festival and local markets. Heritage gems like Durham Hall add character. Cafés, fashion stores and design studios line Crown Street, and Surry Hills Village adds premium retail and dining convenience.

The award-winning Surry Hills Library on Crown Street is another highlight. Known for its striking sustainable design and welcoming atmosphere, it offers not only books but also community meeting spaces, children’s programs and quiet study areas. It is a true hub for locals, adding depth to the suburb’s cultural and community life.

Connectivity

With Central Station on its edge, plus light rail and frequent buses along Elizabeth and Cleveland Streets, Surry Hills offers seamless access across the city as well as walkability.

Why Sell or Invest in Surry Hills?

Surry Hills continues to be one of Sydney’s strongest inner-city apartment markets. High rental demand, excellent transport links, and a vibrant lifestyle make it attractive to both local and international tenants. Long-term capital growth has consistently outperformed the wider Sydney market. For sellers, this demand translates into strong buyer competition and premium sale prices. For investors, the suburb’s mix of young professionals, established families, and international residents ensures a steady pool of quality tenants and low vacancy rates.

Thinking of selling or buying an apartment in Surry Hills?

Ayre Real Estate combines apartment focussed expertise, inner-city insight and smarter, simpler results to help you elevate your property experience.