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New South Wales
Sarthak
Sydney
CoreLogic has released its final auction clearance results for last weekend, which reported a final auction clearance rate of 67.6%, up on last week’s 63.0%: Sydney’s final clearance rate firmed to 67.5% (from 65.9% last week), whereas Melbourne’s surged to 70.0% based on only 10 results.
As noted by CoreLogic:
Sydney returned a final auction clearance rate of 67.5% last week as volumes rose across the city, with 677 homes taken to auction up from the 600 auctions the week prior when 65.9% cleared. Over the same week last year, a lower 646 auctions took place across Sydney, with a success rate of 72.7%. However, Sydney recorded its highest clearance rate since 15 March: Continue reading at: x
Sydney's auction market bouncing - MacroBusiness
CoreLogic has released its final auction clearance results for last weekend, which reported a final auction clearance rate of 67.6%, up on last week’s 63.0%: Sydney’s final clearance rate firmed t...
www.macrobusiness.com.au
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36mn ago
Simon
Joshua
Sydney
Purchasing a house has become more affordable in recent months as property prices begin to fall across most of Sydney.
Apart from one area of Sydney, new research from RiskWise has revealed that it is now cheaper to buy than it is to rent.He said in many areas, rent money was dead money, and that renters with secure jobs were better off buying a house than continue paying off someone else’s mortgage. “This current slowdown in the property market is only temporary, with houses in popular areas likely to experience solid capital growth in the medium to long term,” he said. “It’s clear that without as much competition from investors, many first-time buyers are now looking to get in,” he said.
Ultra low interest rates have led some lenders to offer introductory home loan variable rates of 1.99 per cent, a move which follows the launch of the first fixed rate of less than two per cent. Source: x
Sydney now cheaper to buy than rent off the back o...
Record low interest rates and favourable buying conditions have made Sydney a buyer’s paradise, with almost every part of the city now cheaper to buy than it is to rent.
www.realestate.com.au
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1D ago
Anuj
Sydney
The Central Coast is experiencing one of its biggest rental booms in history as Sydneysiders flock to the coastal region.
While many parts of Sydney are struggling to secure renters, the Central Coast has the opposite problem after recording its lowest vacancy rate ever of 0.7 per cent in August. The majority of Sydneysiders moving to the central coast are regular renters coming from the western and north western suburbs of Sydney. Continue reading at:x
Central Coast rental vacancy rates down to 0.7 per...
The Central Coast is experiencing one of its biggest rental booms in history as Sydneysiders go to unprecedented lengths to secure property.
www.realestate.com.au
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149 Views
1D ago
Steve
Karan
Ranjit
Viren
Anjali
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.
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