Side by sideSuburb comparison

Surry Hills vs Redfern.

Comparing two suburbs with median house prices of $2,345,000 and $1,825,000. Redfern edges out on more headline metrics in this comparison.

Redfern (median $1,825,000) is roughly 28% cheaper to buy into than Surry Hills ($2,345,000). Over the past year, Redfern (+13.6%) ran 9.6 percentage points ahead of Surry Hills (+4%) 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 $1,825,000 median, 28% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Redfern carries both higher gross yield (2.21% vs 1.22%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.

For families

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

Common questionsSurry Hills vs Redfern

Common questions

Is Surry Hills or Redfern cheaper to buy in?

Redfern has the lower median house price at $1,825,000, roughly 28% below Surry Hills ($2,345,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Surry Hills or Redfern?

Over the past 12 months, Redfern grew +13.6% vs +4% in Surry Hills, a gap of 9.6 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 Surry Hills or Redfern 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, Surry Hills or Redfern?

Gross rental yield on houses is 2.21% in Redfern vs 1.22% 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

Surry Hills
Metric
Redfern

Price & Market

$2,345,000
Median house
$1,825,000
$940,000
Median unit
$1,100,000
+4.0%
Annual growth (house)
+13.6%
42 days
Days on market
42 days

Rental

$550/wk
Rent (house / wk)
$775/wk
$550/wk
Rent (unit / wk)
$500/wk
32.0%
Owner occupied
35.0%
65.0%
Renter occupied
62.0%

Lifestyle & Demographics

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

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1080
Avg ICSEA
1047

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).