Ray White Commercial Eastern Suburbs is proud to present 650 Bourke Street, Redfern for Sale by Auction.
Situated in Sydney's East Redfern/Surry Hills precinct this opportunity is not to be missed.
Prominently located near the intersection of Bourke and Cleveland Streets, only minutes from the Entertainment Quarter Moore Park and popular Crown Street shopping and eateries.
The key features of this opportunity include:
Shop & two bedroom residence above
Laundromat tenant on month to month basis
Building area approx. 180 sqm including garage
Land approx. 120 sqm
Rear Lane access from Stanley Street
Ideal entry level opportunity for investors, owner occupiers or builders looking to add
value.
650 Bourke Street is to be offered by Public Auction on Tuesday 24 May 2022, at 5.00pm, Homely Auction Centre, Level 1 of 29-33 Bay Street Double Bay
For all inspections and further information please contact:
Grant Whiteman
0418 244 566
gwhiteman@raywhite.com
The size of Redfern is approximately 1.2 square kilometres. It has 21 parks covering nearly 8.1% of total area. The population of Redfern in 2016 was 13213 people. By 2021 the population was 13072 showing a population decline of 1.1% in the area during that time. The predominant age group in Redfern is 30-39 years. Households in Redfern are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Redfern work in a professional occupation.In 2021, 35.10% of the homes in Redfern were owner-occupied compared with 33.50% in 2016.
Redfern has 8,000 properties. Over the last 5 years, Houses in Redfern have seen a 43.59% increase in median value, while Units have seen a 33.36% increase. As at 31 December 2025:
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