32/405 Bourke Street, Surry Hills, NSW 2010 | Property Value & History | OnTheHouse
OFF MARKET

32/405 Bourke Street
Surry Hills NSW 2010

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 32/405 Bourke St, Surry Hills

32/405 Bourke St, Surry Hills is a 1 bedroom, 1 bathroom Unit and was built in 1930.

Building Type
Unit
Year Built
1930
Local Government
Sydney

Last Listing description (September 2026)

Positioned in the heart of Surry Hills, this well-presented studio offers a compelling investment opportunity within the centrally located The Lawson building. With attractive rental returns, reasonable strata levies and short-term letting permitted, the property provides excellent flexibility for investors.

Moments from Oxford Street and Taylor Square, the apartment enjoys effortless access to cafs, restaurants, shopping, transport and the CBD, making it an appealing option in one of Sydneys most consistently sought-after inner-city locations.


Property Features:
Strong investment opportunity with attractive rental returns
Short-term letting permitted, offering investors additional rental flexibility
Securely positioned within the well-located The Lawson building
Shared laundry facilities and secure building with intercom access
Moments from Taylor Square, Oxford Street and transport links
Hyde Park and Sydney CBD within easy walking distance
Strata levies approx. $840.00 per quarter
Leased out for $420.00 per week until 18/08/2027

Property History for 32/405 Bourke St, Surry Hills, NSW 2010

A timeline of how this property has performed in the market
Listed for Rent
$360/w
26 Sep 2022
  • 24 Sep 2026
    Listed for Sale Price Guide $300,000
  • 18 Jun 2024
    Listed for Rent $350 / week
  • 08 Sep 2022
    Listed for Rent $360 / week
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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 13,769 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.
There are currently 44 properties listed for sale, and 75 properties listed for rent in Surry hills on OnTheHouse. According to Cotality's data, 456 properties were sold in the past 12 months in Surry hills.

Suburb Insights for Surry Hills 2010

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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.