651 George Street, Haymarket, NSW 2000 | Property Value & History | OnTheHouse
OFF MARKET

651 George Street
Haymarket NSW 2000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 145m2
Land area: 186m2
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Property Details for 651 George St, Haymarket

Building Type
Commercial
Floor Size
145m2
Land Size
186m2
Local Government
Sydney
Lot/Plan
1/DP745890

Last Listing description (July 2025)

Rare 100% freehold interest
Dual street frontages
High pedestrian traffic

651 George Street is a three level building with dual premier street
frontage on both George Street and Sussex Street at the foot of
Chinatown light rail, Market City, World Square, Tech Central &
Central Station. The location benefits from the City of Sydney's
$44M master plan strategy for Haymarket and Chinatown,
creating a prime opportunity for investors.

The only fully leased freehold building currently for sale in the
Southern CBD in the sub - $10m range.
High pedestrian traffic offering scope to hold, refurbish, extend
on the current structure or develop to add value and increase yields.
FSR 7.5:1, 50 metre height limit and all leases contain early termination
clauses for refurbishment/development.
The property must be sold and all reasonable offers above $7m will
be considered by the vendors.
Information Memorandum provided on request, inspect by prior appointment only.

Property History for 651 George St, Haymarket, NSW 2000

A timeline of how this property has performed in the market
Last Sold
$6,550,000
21 May 2025
Listed for Rent
$4.12k/w
17 Apr 2018
  • 21 May 2025
    Sold for $6,550,000
  • 22 Jul 2024
    Listed for Sale Expression of Interest
  • 04 Oct 2023
    Listed for Sale Expression of Interest
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About Haymarket 2000

The size of Haymarket is approximately 0.5 square kilometres. There are 3 parks, covering nearly 8.3% of the total area. The population of Haymarket in 2016 was 7353 people. By 2021 the population was 8305 showing a population growth of 13.0% in the area during that time. The predominant age group in Haymarket is 20-29 years. Households in Haymarket are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Haymarket work in a professional occupation.In 2021, 19.80% of the homes in Haymarket were owner-occupied compared with 25.10% in 2016.

Haymarket has 6,246 properties. Over the last 5 years, Houses in Haymarket have seen a 10.87% increase in median value, while Units have seen a -5.60% decrease. As at 30 June 2026:

  • The median value for Houses in Haymarket is $2,178,345 while the median value for Units is $1,040,936.
  • Units have a median rent of $1,200.
There are currently 37 properties listed for sale, and 46 properties listed for rent in Haymarket on OnTheHouse. According to Cotality's data, 201 properties were sold in the past 12 months in Haymarket.

Suburb Insights for Haymarket 2000

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.