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Back 2/587 Riley St
Off Market

2/587 Riley St

Surry Hills NSW 2010

1
28 m²
Studio
Ted PyeTed Pye, last sold this property on 23 July 2024 after 25 days on market.

Overview

Smart investment studio or quiet city hideaway

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

Features

1 bathroom
28 m² floor area
Studio

Estimated Value

Based on this property and similar studios sold in Surry Hills over the last 12 months, the estimated median property value of 2/587 Riley St is $429.5k.

Median value
$429.5k
Estimated value range
$308k - $622.5k
Median days on market
27
Estimated value trend
15%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Surry Hills. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2/587 Riley St

2024
Rented
Undisclosed
Leased on 25 Aug 2024 by Belle Property Surry Hills
2024
Sold
Undisclosed
Private Sale/Treaty on 23 Jul 2024 by Ted Pye, of Belle Property Surry Hills
2022
Rented
Undisclosed
Leased on 26 May 2022

Happy sellers in Surry Hills

81%
81% of sellers in Surry Hills reported that their sale price either exceeded or met their price expectations.

Surry Hills stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 58 reviews in Surry Hills over the last 12 months.

Local market activity for studios in Surry Hills

In the last 12 months, 13 studios similar to 2/587 Riley St, have been sold.

This represents a 25% increase in studios sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Surry Hills

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Ted Pye

Sellers who recommend Ted Pye have praised them for being clear communication, local expert, responsive, honest, reliable, well-prepared and easy to work with

  •   4.9   (230 reviews)
  •  20 Reviews in Surry Hills
  •  30 Sales in Surry Hills
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Blair Cardile

Blair Cardile is a recommended agent for Surry Hills.  They have 11 local sales and collected 20 local reviews across the last 12 months.

  •   5   (116 reviews)
  •  20 Reviews in Surry Hills
  •  11 Sales in Surry Hills
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Matt Marano

Sellers who recommend Matt Marano have praised them for being clear communication, local expert, reliable, honest, responsive, dedicated and supportive

  •   4.9   (346 reviews)
  •  10 Reviews in Surry Hills
  •  13 Sales in Surry Hills
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Alexander Babukhin

Alexander Babukhin is a recommended agent for Surry Hills.  They have 8 local sales and collected 8 local reviews across the last 12 months.

  •   4.9   (20 reviews)
  •  8 Reviews in Surry Hills
  •  8 Sales in Surry Hills
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