18/587-589 Riley Street, Surry Hills, NSW 2010 sold on 07 March 2025 | OnTheHouse
SOLD
Sold on 07 Mar 2025 - Price Unavailable

18/587-589 Riley Street
Surry Hills NSW 2010

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 18/587-589 Riley St, Surry Hills

18/587-589 Riley St, Surry Hills is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 1 bedroom Apartment sold in Surry Hills in the last 12 months.

Building Type
Apartment

Last Listing description (March 2025)

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

+ Distinct living area and bedroom for added comfort
+ 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

A timeline of how this property has performed in the market
Last Sold
07 Mar 2025
  • 10 Oct 2024
    Listed for Sale Under Contract
  • 05 Jul 2024
    Listed for Rent - Price not available
  • 20 Dec 2023
    Listed for Rent - Price not available
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About Surry Hills 2010

The size of Surry Hills is approximately 1.3 square kilometres. It has 17 parks covering nearly 9.2% of 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 13,743 properties. Over the last 5 years, Houses in Surry Hills have seen a 41.29% increase in median value, while Units have seen a 11.34% increase. As at 30 November 2025:

  • The median value for Houses in Surry Hills is $2,528,331 while the median value for Units is $1,009,640.
  • Houses have a median rent of $950 while Units have a median rent of $800.
There are currently 26 properties listed for sale, and 77 properties listed for rent in Surry hills on OnTheHouse. According to Cotality's data, 520 properties were sold in the past 12 months in Surry hills.

Suburb Insights for Surry Hills 2010

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Nick Papas
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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.