SOLD
Sold on 24 Jul 2024 for $366,500

2/587-589 Riley Street
Surry Hills NSW 2010

Bedrooms: -
Bathrooms: 1
Car spaces: -
Floor area: 28m2
Land area: 714m2
Sold By
Belle Property Surry Hills
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Property Details for 2/587-589 Riley St, Surry Hills

2/587-589 Riley St, Surry Hills is a 0 bedroom, 1 bathroom Unit 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. There are other 0 bedroom Unit sold in Surry Hills in the last 12 months.

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
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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 2011 was 15,342 people. By 2016 the population was 16,417 showing a population growth of 7.0% 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 2011, 34.9% of the homes in Surry Hills were owner-occupied compared with 32.3% in 2016.

Surry Hills has 13,543 properties. Over the last 5 years, Houses in Surry Hills have seen a 32.93% increase in median value, while Units have seen a 11.66% increase. As at 31 October 2024:

  • The median value for Houses in Surry Hills is $2,287,029 while the median value for Units is $994,383.
  • Houses have a median rent of $980 while Units have a median rent of $750.
There are currently 48 properties listed for sale, and 98 properties listed for rent in Surry hills on OnTheHouse. According to CoreLogic's data, 545 properties were sold in the past 12 months in Surry hills.

Suburb Insights for Surry Hills 2010

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.