2/587-589 Riley Street, Surry Hills, NSW 2010 | Property Value & History | OnTheHouse
OFF MARKET

2/587-589 Riley Street
Surry Hills NSW 2010

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 28m2
Land area: 714m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 31 Aug 2026
Low

High
Save

Property Details for 2/587-589 Riley St, Surry Hills

2/587-589 Riley St, Surry Hills is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1890. The property has a land size of 714m2 and floor size of 28m2. While the property is not currently for sale or for rent, it was last sold in July 2024.

Building Type
Unit
Year Built
1890
Floor Size
28m2
Land Size
714m2
Local Government
Sydney
Lot/Plan
2/SP67625

Last Listing description (September 2024)

Ready to rent out or move right in, this well-maintained 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

- Bedroom area has ceiling fan and generous built-in robe
- Intercom entry and entrance via sunny shared courtyard
- Good sized bathroom including space for internal laundry
- Phenomenal position just 350m from Surry Hills Light Rail
- Only 800m to Central Station, with bus stops 100m away

Property History for 2/587-589 Riley St, Surry Hills, NSW 2010

A timeline of how this property has performed in the market
Last Sold
$366,500
24 Jul 2024
Listed for Rent
$375/w
20 May 2022
  • 24 Jul 2024
    Sold for $366,500
  • 11 Jul 2024
    Listed for Sale Not Disclosed
  • 09 Jun 2020
    Listed for Rent $375 / week
Sign in to see more transactions
Commute Calculator

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 13,772 properties. Over the last 5 years, Houses in Surry Hills have seen a 4.81% increase in median value, while Units have seen a -3.78% decrease. As at 31 July 2026:

  • The median value for Houses in Surry Hills is $2,327,748 while the median value for Units is $949,600.
  • Houses have a median rent of $1,300 while Units have a median rent of $830.
There are currently 39 properties listed for sale, and 87 properties listed for rent in Surry hills on OnTheHouse. According to Cotality's data, 483 properties were sold in the past 12 months in Surry hills.

Suburb Insights for Surry Hills 2010

Market Insights
Surry Hills Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Surry Hills Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.