650 Bourke Street, Redfern, NSW 2016 | Property Value & History | OnTheHouse
OFF MARKET

650 Bourke Street
Redfern NSW 2016

Bedrooms: -
Bathrooms: -
Car spaces: 1
Land area: 124m2
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Property Details for 650 Bourke St, Redfern

Building Type
Commercial
Land Size
124m2
Local Government
Sydney
Lot/Plan
2/DP201447

Last Listing description (May 2022)

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

Property History for 650 Bourke St, Redfern, NSW 2016

A timeline of how this property has performed in the market
Last Sold
$1,613,000
24 May 2022
  • 30 May 2025
    Listed for Rent - Price not available
  • 14 Nov 2024
    Listed for Rent - Price not available
  • 24 May 2022
    Sold for $1,613,000
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About Redfern 2016

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:

  • The median value for Houses in Redfern is $2,203,849 while the median value for Units is $1,217,903.
  • Houses have a median rent of $950 while Units have a median rent of $825.
There are currently 16 properties listed for sale, and 40 properties listed for rent in Redfern on OnTheHouse. According to Cotality's data, 267 properties were sold in the past 12 months in Redfern.

Suburb Insights for Redfern 2016

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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.