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Suburb Insights ยท NSW 2010

Surry Hills 2010, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Surry Hills is an inner-city suburb of Sydney, Australia, with a population of approximately 15,828, making it a smaller community. Located 2 km from the Sydney CBD, Surry Hills is a inner city area in New South Wales. The median household income is $120,016 AUD per year (ABS 2021 Census).

Investment Score

87 / 100 Strong

Above-average earnings in Surry Hills support sustained property values. Its proximity to the CBD adds a strong location premium.

Location

Map shows Surry Hills, New South Wales, Australia.

Key Indicators

Postcode
2010

Official Australia Post postcode for Surry Hills. A postcode may cover multiple suburbs.

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Population
15,828

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$550/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$120,016/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
2 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
4

Estimated 4 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
6

Estimated 6 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,839/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
1% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As an inner-city location, Surry Hills benefits from proximity to employment, dining, and cultural precincts. Investment properties here typically attract young professionals and downsizers seeking walkable lifestyles. The median rent of $550/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,839/month. A median household income of $120,016/year supports premium property values and indicates a well-employed resident base. With only 1% separate houses, Surry Hills has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

Solid fundamentals in Surry Hills support capital growth over a medium to long hold period.

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Rental Yield

Strong tenant demand in Surry Hills underpins consistent rental income and low vacancy risk.

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Renovation / Flip

Some renovation potential exists in Surry Hills, though margins may be tighter due to higher base prices or competition.

Risk Factors

Run the numbers on a Surry Hills property

Full Property Analysis

30-year projections for Surry Hills

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Strong Rental Demand: Strong Investor Sentiment: Strong

The outlook for capital growth in Surry Hills is encouraging heading into 2026, driven by constrained supply and buyer competition. Rental demand remains robust, with low vacancy rates and growing tenant pools keeping yields competitive. Overall, investor sentiment toward Surry Hills is positive, backed by solid fundamentals.

Frequently Asked Questions

Is Surry Hills a good suburb for investment?

Surry Hills is a inner city area in New South Wales with a population of 15,828. The median rent is $550/week and the median household income is $120,016/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Surry Hills?

Key demand drivers in Surry Hills include employment proximity and urban lifestyle. 1% of dwellings are separate houses. The area has approximately 4 schools and 6 parks nearby.

What is the population of Surry Hills?

According to the ABS 2021 Census, Surry Hills has a population of approximately 15,828. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Surry Hills from the Sydney CBD?

Surry Hills is approximately 2 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

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