Side by sideSuburb comparison

Redfern vs Surry Hills.

Comparing two suburbs with median house prices of $2,012,500 and $2,415,000. Surry Hills edges out on more headline metrics in this comparison.

Redfern (median $2,012,500) is roughly 17% cheaper to buy into than Surry Hills ($2,415,000). Over the past year, Surry Hills (+18.7%) ran 12.8 percentage points ahead of Redfern (+5.9%) on house-price growth.

On school quality, the average ICSEA across schools serving Surry Hills (1080) sits above Redfern (1047).

The takeWhich suburb suits which buyer

For buyers

Redfern is the lower entry point at $2,012,500 median, 17% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Investors face a yield-versus-growth split: Redfern delivers the better gross yield (2.71% vs 2.48%), but Surry Hills has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.

For families

Surry Hills edges out on average school ICSEA (1080 vs 1047).

Common questionsRedfern vs Surry Hills

Common questions

Is Redfern or Surry Hills cheaper to buy in?

Redfern has the lower median house price at $2,012,500, roughly 17% below Surry Hills ($2,415,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Redfern or Surry Hills?

Over the past 12 months, Surry Hills grew +18.7% vs +5.9% in Redfern, a gap of 12.8 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.

Does Redfern or Surry Hills have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Surry Hills scores 1080 vs 1047 in Redfern. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which suburb has higher rental yield, Redfern or Surry Hills?

Gross rental yield on houses is 2.71% in Redfern vs 2.48% in Surry Hills. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.

The numbers behind the take

Redfern
Metric
Surry Hills

Price & Market

$2,012,500
Median house
$2,415,000
$1,100,000
Median unit
$940,000
+5.9%
Annual growth (house)
+18.7%
Days on market

Rental

$1050/wk
Rent (house / wk)
$1150/wk
$785/wk
Rent (unit / wk)
$830/wk
35.0%
Owner occupied
32.0%
62.0%
Renter occupied
65.0%

Lifestyle & Demographics

100
Walk score
100
0
Transit score
100
100
Bike score
100
13,072
Population
15,828
36
Median age
35

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1047
Avg ICSEA
1080

Climate

1302 mm
Annual rainfall
1302 mm
26.0°C
Mean max (Jan)
26.0°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).