Currently listed
1 bed · 1 bath · 1 car · ApartmentUnitFlat
The Property Brief — what the evidence shows. You draw the conclusion.
Confidence: High — based on 328 comparable auction sales (52 of this exact configuration) · model runs ±11% for this configuration · the model's typical miss is ~11% against published results — every hit and miss
What we've tracked
- 1 Aug 2026 auction: Postponed ( Belle Property Surry Hills)
- 15 Aug 2026 first tracked by our radar (the portal doesn't publish its list date)
- 18 Aug 2026 asking $800k
- 27 Aug 2026 on market 11+ days — first tracked by us, a lower bound
Comparable auction sales
| Address | Config | Sold | When |
|---|---|---|---|
| 23/500 Crown St | 1 bd · 1 ba | $1.36M | Sept 2025 |
| 603/105-113 Campbell St | 1 bd · 1 ba | $745k | Sept 2025 |
| 17/492-500 Elizabeth St | 1 bd · 1 ba | $795k | June 2025 |
Suburb risk flags
crime index: 100 — well above sydney average · 10 min walk to Central · trains ~every 2 min at peak
Where every number comes from
- Fair value: AI PropertyEye price model 2026-08-11-v5 — trained on 146,492 published auction sales; configuration-level (suburb × type × beds), not an appraisal of this exact home
- Comps: published Domain auction results for Surry Hills — suburb × configuration matches, not hyper-matched to this address
- Evidence trail: tracked by our radar from portal listings, web-archive checks and published auction results — each entry dated
- Risk flags: suburb-level overlays (BOCSAR crime, flood/bushfire intel, aircraft bands, GTFS transit) — NOT a per-parcel assessment
⏱ Days on market — this campaign
11 days since our daily sweep first saw this listing.
The portal's own campaign may have started slightly earlier than our first sighting. Longer campaigns tend to mean more negotiating room — the board's "Longest listed" sort exists for exactly that reason.
Rent evidence — asking vs transacted, Surry Hills · postcode 2010
$750/wk median live asking rent for 1-bed homes in Surry Hills (5 live rental listings on agency websites, this week's sweep).
$645–$855/wk is what 1-bed units in 2010 actually transact for (middle half of 344 bonds lodged, Q2 2026 · median $750/wk — NSW Fair Trading, CC BY).
2019Q1 → 2026Q2: $600 → $825/wk · +5% over the last 12 months (latest four quarters averaged against the previous four) — quarterly new-tenancy medians for units in 2010, all bedroom counts pooled.
Asking rents are what agents hope for; bond figures are what tenants actually signed at (NSW Fair Trading bond lodgements, CC BY). No yield % is derived here: each rent above is a different grain from this home's price, and a ratio of two grains reads as precision it doesn't have. New-tenancy rents run hotter than sitting rents. Not financial advice.
Growth trend — Surry Hills units at auction
Measured like-for-like growth ≈ 0.1%/yr — 2-bed sold-price medians across 17 quarters (141 sales).
Suburb-level, from published auction results. No single building has enough sales for a block-level series, so this is the honest grain; sales-mix shifts move raw medians, and the measured rate (when shown) controls for bed count.
Published auction results at this address
| Auction week | Result | Price | Agency |
|---|---|---|---|
| 1 Aug 2026 | Postponed | withheld | Belle Property Surry Hills |
From Domain's published weekly auction results — individual outcomes as published; withheld prices stay withheld.
Planning & zoning — MU1 Mixed Use
Shops/offices below, apartments above. Walkable and lively, but denser and busier.
Zone MU1 (Mixed Use) under the SYDNEY LEP, from the NSW ePlanning layers at this address's geocoded point — a guide, not a parcel-level legal check. Confirm the exact lot at the NSW Planning Portal.
Development applications — at & near this address
| Where | Proposal | Status | Outcome | Est. cost | Lodged |
|---|---|---|---|---|---|
| ~94 m · 43-51 Brisbane Street Surry Hills 2010 | Office Premise, Alterations Or Additions To An Existing Building Or Structure, Minor Building Alterations (Internal) | Determined | not on record | $828k | 2026-05-20 |
| ~95 m · 70-72 Commonwealth Street Surry Hills 2010 | Mixed Use Development, Hotel Or Motel Accommodation, Retail Premises · 124 new dwellings | Determined | Approved | $18.92M | 2020-11-05 |
| ~104 m · 36-38 Wentworth Avenue Surry Hills 2010 | Recreation Facility (Indoor), Hours Of Operation And Trading | Determined | not on record | $0k | 2025-09-26 |
| ~104 m · 34 Wentworth Avenue Surry Hills 2010 | Alterations Or Additions To An Existing Building Or Structure, Access Ramp, Minor Building Alterations (Internal) | Determined | not on record | $260k | 2026-05-06 |
| ~105 m · 2-4 Poplar Street Surry Hills 2010 | Residential Flat Building, Alterations Or Additions To An Existing Building Or Structure · 6 new dwellings | Determined | not on record | $2.33M | 2025-03-31 |
| ~108 m · 40-44 Wentworth Avenue Surry Hills 2010 | Pub, Alterations Or Additions To An Existing Building Or Structure | Determined | not on record | $148k | 2025-09-11 |
Development application data © NSW Department of Planning and Environment, used under CC BY 4.0. Matched at this exact address or within ~150 m of its geocoded point — proximity evidence, not a parcel-level check. Lodged means proposed, not approved or built. Outcome comes from a separate NSW dataset that stops in Nov 2023: applications determined after that, or still undetermined, read “not on record” — which means we don't know, never that it was refused. “Status” is the council's own workflow state and “Determined” on its own does not say which way it went. Verify any application on the NSW Planning Portal.
Construction risk — what no listing tells you
Building Commission NSW / Strata Community Association 2023 Strata Defects Survey: 53% of newly registered strata buildings reported at least one serious defect in common property (39% in the 2021 survey). Defects are common, not exceptional — and new does not mean safe (Opal Tower was under a year old).
Get an independent structural and strata inspection before you commit — the defect base rate makes it the single highest-value dollar in the purchase.
We cannot see inside a building — no one can from public records. This section states base rates and observable adjacency only, and will never call a building safe.
What's changing in Surry Hills — recent local signals
2025-09-30 — Place of worship invest — 119-123 DEVONSHIRE STREET SURRY HILLS 2010 ($193k) (institutional-signals.json (PAN-574775, OnlineDA))
Dated public signals compiled for this suburb — openings, closures, site sales and institutional moves. Facts with sources, not forecasts.
School catchments
Crown St PS (primary) · Inner Sydney HS (secondary)
9 primary schools within 2 km · ICSEA ~1104 — the socio-educational advantage of the school community (My School, national average ~1000): a demographic measure, never a results or quality score.
NSW DoE intake zones at this address's geocoded point — tighter than a suburb-level guess, but geocodes carry a few metres of error and boundaries change with reviews. Verify the exact address at School Finder. Intake zones cover government schools only.
Green space nearby
Protected public recreation land within 100 m
Land zoned RE1 under the local environmental plan — reserved for public recreation, which protects it from being built over. The zoning doesn't say what's on it or how usable it is, and this layer doesn't carry park names.
Privately-zoned recreation land (RE2 — typically golf courses or club grounds) within 2000 m. Private land: green outlook, not public open space.
Straight-line distance, not walking distance. NSW ePlanning planning layers (Land Zoning), CC BY. Distances are ladder buckets measured at the address's geocoded point.
Want the numbers agents don't volunteer?
Check any Sydney suburb free — Market Mint market-conditions readout, live median, clearance trend and the price model — at aipropertyeye.com. No sign-up for the suburb check; the full board is 7 days free.
Data from published auction results (Domain) and live portal listings. Estimates are never valuations or financial advice. Own this home and want a result corrected? hello@aipropertyeye.com.