18/587-589 Riley StreetSurry Hills NSW 2010
Property Details for 18/587-589 Riley St, Surry Hills
18/587-589 Riley St, Surry Hills is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1890. While the property is not currently for sale or for rent, it was last sold in February 2025.
Last Listing description (May 2025)
Charming Apartment in a Coveted Location
Take advantage of an incredible opportunity to invest in one of Sydney's most sought-after real estate markets! This charming ground-floor studio apartment offers great potential as a solid investment, home away from home, or entry level opportunity. Located in the prime lifestyle precinct of Surry Hills, this low-maintenance residence offers easy access to Crown Street's shopping and dining, as well as light rail and bus services. Set peacefully at the rear of a brick security complex with easy level access, it makes for a private and quiet retreat. Whether it's a play at the Belvoir, a walk to Prince Alfred Park or a quick trip to the CBD, this studio's excellent location offers convenient and quick access to the best of the city.
+ In great location and condition with wooden floorboards
+ Combined living/dining area plus neat modern kitchen
+ Intercom entry and entrance via sunny shared courtyard
+ Renovated bathroom with frameless shower screen
+ Currently leased at $575 per week, offering an excellent rental return
+ Phenomenal position just 350m from Surry Hills Light Rail
+ Only 800m to Central Station, with bus stops 100m away
Property History for 18/587-589 Riley St, Surry Hills, NSW 2010
- 10 Oct 2024Listed for Sale Under Contract
- 05 Jul 2024Listed for Rent - Price not available
- 20 Dec 2023Listed for Rent - Price not available
Recent sales nearby
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About Surry Hills 2010
The size of Surry Hills is approximately 1.3 square kilometres. There are 17 parks, covering nearly 9.2% of the total area. The population of Surry Hills in 2016 was 16412 people. By 2021 the population was 15828 showing a population decline of 3.6% in the area during that time. The predominant age group in Surry Hills is 30-39 years. Households in Surry Hills are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Surry Hills work in a professional occupation.In 2021, 32.20% of the homes in Surry Hills were owner-occupied compared with 32.30% in 2016.
Surry Hills has 13,768 properties. Over the last 5 years, Houses in Surry Hills have seen a 0.75% increase in median value, while Units have seen a -7.68% decrease. As at 31 August 2026:
- The median value for Houses in Surry Hills is $2,292,218 while the median value for Units is $935,278.
- Houses have a median rent of $1,300 while Units have a median rent of $850.
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