423 Bourke Street, Surry Hills, NSW 2010 | Property Value & History | OnTheHouse
OFF MARKET

423 Bourke Street
Surry Hills NSW 2010

Bedrooms: -
Bathrooms: 2
Car spaces: 2
Floor area: 476m2
Land area: 82m2
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Property Details for 423 Bourke St, Surry Hills

Building Type
Commercial
Floor Size
476m2
Land Size
82m2
Local Government
Sydney
Lot/Plan
CP/SP91401

Last Listing description (July 2016)

The property offers a wonderful opportunity for an owner occupier or investor to secure a position within a tightly held Surry Hills precinct.
Located in the heart of Bourke Street, Surry Hills, this property has stunning high ceilings, ground floor retail presence and is surrounded by a strong residential development. The position provides significant flexibility for investors and owner occupiers alike local businesses include Woolworths, Ocello Fromaggi, U Clinic medical centre by Dr Karen Phelps and the Merivale Group owned Beresford Hotel
Features of the property include:

Lot 7 - Asking $1,550,000
- 261sqm Total Area
- Former Art Gallery
- Large Open floor plate
- Timber Cathedral Ceilings
- Perfect for Office, Showroom or medical use (S.T.C.A)
- 1 secure car space
Lot 8 - Asking $1,150,000
- 213sqm Total Area
- Returning $71,080.32pa gross + GST
- Currently trading as a Florist
- Large rear storage area
- Amazing raw concrete fitout
- 1 secure car space
Available for purchase in one line or separate lots

Property History for 423 Bourke St, Surry Hills, NSW 2010

A timeline of how this property has performed in the market
  • 29 Sep 2015
    Listed for Sale Starting from $1,150,000 + GST
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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 13,752 properties. Over the last 5 years, Houses in Surry Hills have seen a 10.43% increase in median value, while Units have seen a -2.51% decrease. As at 30 June 2026:

  • The median value for Houses in Surry Hills is $2,416,064 while the median value for Units is $962,071.
  • Houses have a median rent of $1,295 while Units have a median rent of $825.
There are currently 29 properties listed for sale, and 69 properties listed for rent in Surry hills on OnTheHouse. According to Cotality's data, 496 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.