Add Post
Top Posts
Justprop Team
Surry Hills
Introduction
Surry Hills is an eastern suburb of Sydney, in the state of NSW, Australia. It is located just 1km south-east of Sydney CBD. Surry Hills is a nice tree leafed suburb located within walking distance of Sydney CDB. This suburb is close to everything, parks, recreation, cinemas, pools, and a short journey to the beaches.. Crown street has a lot of restaurants, bars and cafes and good night life. Most Surry Hills residents walk to work, and Central Station borders the suburb. The suburb also offers a quality primary school, markets, and excellent connectivity via public transport. Surry Hills is a cultural melting pot, made up of new and long-standing residents, entrepreneurs, students, professionals, and families. All of these amenities have made this an expensive place to live.
Benefits
Surry Hills is a perfect place to consider with a lot of benefits:
• In a Close proximity to CBD
• Close to everything
• Most walkable neighborhoods in the city
• Easily accessed by public transport
• Lots of Eating joints
• Great nightlife
• A multicultural suburb
• Good schools
• Perfect place for all age groups
Challenges
• Weekend traffic
• High property prices
• Parking is a big issue
• High Crime rate
Location
Surry Hills is immediately south-east of the Sydney CBD. Surry Hills is bordered on the north by Darlinghurst, on the east by Darlinghurst and Moore Park, on the south by Redfern, and on the west by Ultimo and Haymarket.
Connectivity
Surry Hills has an excellent access to public transport:
• The major train station of Sydney, Central Railway Station sits on the western edge of Surry Hills.
• Surry Hills is also serviced by State Transit bus services.
• The Eastern Distributor is a major road, on the eastern edge of the suburb.
• Surry Hills is within easy walking distance of the Sydney CBD, and is included in a widening network of cycleways.
Shopping destinations
• Surry Hills Shopping Village is a small shopping center but has all you need with plenty of parking.
• Surry hills shopping center is also an option to shop in the suburb.
• Crown Street is the main thoroughfare and epicenter for most of the suburb's shops, dining options, and bars, but there are dining and shopping options on some of its side streets.
• The Standard Store - International Mens & Womenswear on Crown Street is a stylish shop offering fashionable outfits for men & women, plus fragrances, accessories & homewares.
o As the suburb is in close proximity to Sydney CBD, Darlinghurst, Ultimo and Redfern, one can easily go and shop from their major shopping malls.
Eating Joints
Surry Hills was recently crowned the hottest food suburb, housing some of the best restaurants in Sydney. Some of the popular restaurants of the area include:
• Firedoor, Surry Hills
• Nomad, Surry Hills
• The Dolphin Hotel
• Wyno
Schools & Daycares
Good schools of the area include:
• Crown Street Public School
• Bourke Street Public School
• Inner Sydney High School
Good daycare include:
• Surry Hills Early Learning Centre
• Only About Children Surry Hills
• SHNC Long Day Care
Internet Connectivity
The NBN is now available in SURRY HILLS with a high internet speed.
Commute:
CBD: 3.5 km / 10-20 minutes by car / 10 minutes by transit
Chatswood: 14 km / 25-35 minutes by car / 35 minutes by transit
Parramatta: 24 km / 40-70 minutes by car / 40-45 minutes by transit
Crime & safety
Despite of its good reputation, Surry Hills also still faces ongoing issues when it comes to crime. The suburb faces 2613.9 assault cases per 100k population.
Dwelling Type
Terraces are the predominant form of housing in Surry Hills. The balance of homes are apartments and warehouse conversions.
Price
Median Sale Price- $1.8m
Rent
Median Rent Price- $950pw
Summary
Surry Hills is one of the inner city’s most desirable places to live. Surry Hills is a trendy suburb due to its proximity to nightlife and the city. It is a nice tree leafed suburb located within walking distance of Sydney CDB. Surry Hills is a vibrant suburb with very active streets full of cafes, restaurants and pubs. Crown street has a lot of restaurants, bars and cafes and good night life. The crime rate in the area is quite higher than other nearby suburbs. The locals are friendly and this is a very social place. Surry Hills has a mixture of residential, commercial and light industrial areas. It remains Sydney's main centre for fashion wholesale activities, particularly on the western side.
0 Reply
27 Views
1Hr ago
MD Emren
Anjali
Anuj
City
The drop in demand for rental properties has proven so severe that it may lead to a development fall of hundreds-of-thousands of apartments in the next few years, according to a forecast by a government agency.
The National Housing Finance and Investment Corporation (NHFIC) claims from 129,000 to 232,000 fewer apartments, townhouses and houses could be developed within the next three years due to the sudden drop in migrants weakening rental demand. The drop in demand for rental properties has proven so severe that it may lead to a development fall of hundreds-of-thousands of apartments in the next few years, according to a forecast by a government agency.
The National Housing Finance and Investment Corporation (NHFIC) claims from 129,000 to 232,000 fewer apartments, townhouses and houses could be developed within the next three years due to the sudden drop in migrants weakening rental demand. The stagnating population growth is weakening rental demand to the point where it could slow down the construction of new developments through 2023, NHFIC said, hurting an industry that’s important to Australia’s economic recovery.
“The health response to COVID-19 has created a formidable roadblock and highly uncertain outlook for population growth and demand for housing,” the report said. Continue reading at:x
Falling rents could have a scarring impact for yea...
The drop in demand for rental properties has proven so severe that it may lead to a development fall of hundreds-of-thousands of apartments, according to a government agency.
www.ratecity.com.au
0 Reply
13 Views
1D ago
Sam2019
Speed
Data collated by CoreLogic has shown that a two-speed rental market now exists, with inner-city property rentals more likely to fall compared with outer suburbs.
CoreLogic’s head of research, Eliza Owen, believes several factors of the COVID-19 downturn have made inner-city rental markets more vulnerable to a market correction.
“These include the relatively high exposure to overseas migration as a source of housing demand,” she said. For rental markets 10 kilometres or further from the CBD, however, house rents had actually increased by 0.1 per cent, while unit rents declined by only 0.4 per cent. The research showed that since the end of March to August, of the 125 SA3 rental market analysed, there were 63 regions where house rents increased, and 35 regions where unit rents increased.
These rental increases were most common across Sydney and Brisbane, which Ms Owen said is due to the fact that employment was less affected by COVID-19, and social distancing measures have eased.
The highest rental value increases were across Blue Mountains houses, which have risen by 3.3 per cent. Continue reading at: x
COVID-19 pandemic may create a ‘two-speed rental...
The COVID-19 pandemic may be leading to a “two-speed rental market”, with suburbs closer to the city likely to experience greater rental falls, new research has revealed.
www.smartpropertyinvestment.com.au
0 Reply
9 Views
1D ago
Ranjit
Raj
Kogarah
Anyone around Kogarah??Hows the area??Can we find Indians around there??
1 Reply
10 Views
2D ago
Harsha
No more post available
Create your post
Trending Topics
Joshua
NSW: The Central Coast is facing unprecedented demand for rental properties
1D ago
0 Reply
164 Views
John
Concord Review
2D ago
0 Reply
138 Views
James
NSW: Spring is generally a good time for sellers in Sydney
5D ago
0 Reply
123 Views
Latest Topics
Justprop Team
Surry Hills Review
1Hr ago
0 Reply
27 Views
MD Emren
Cost of rent in Marsden Park
1D ago
1 Reply
11 Views
Anjali
Property price in Castle Hill
1D ago
1 Reply
9 Views
Top Contributors Last 30 days
1
InvestAus
2
Anuj
3
Anjali
13 online
and more ...
