32/397 Bourke Street

Off Market

32/397 Bourke Street

Surry Hills NSW 2010

Studio

Evan Filo, last sold this property on 29 September 2026 after 5 days on market.

Overview

High-Yield Investment in Prime Surry Hills

Positioned in the heart of Surry Hills, this well-presented studio offers a compelling investment opportunity within the centrally located 'The Lawson' building. With attractive rental returns, reasonable strata levies and short-term letting permitted, the property provides excellent flexibility for investors. Moments from Oxford Street and Taylor Square, the apartment enjoys effortless access to cafés, restaurants, shopping, transport and the CBD, making it an appealing option in one of Sydney's most consistently sought-after inner-city locations. Property Features: Strong investment opportunity with attractive rental returns Short-term letting permitted, offering investors additional rental flexibility Securely positioned within the well-located 'The Lawson' building Shared laundry facilities and secure building with intercom access Moments from Taylor Square, Oxford Street and transport links Hyde Park and Sydney CBD within easy walking distance Strata levies approx. $840.00 per quarter Leased out for $420.00 per week until 18/08/2027

Features

1 bathroom

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 32/397 Bourke Street is $394.5k.

Median value

$394.5k

Estimated value range

$360k - $622.5k

Median days on market

Estimated value trend

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 32/397 Bourke Street

2026

Sold

Undisclosed

Auction Sale on 29 Sep 2026 by Evan Filo, of Oxford Agency

2024

Sold

$347,000

12 Dec 2024 by Evan Filo, of Oxford Agency

Happy sellers in Surry Hills

80%

80% 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 44 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 32/397 Bourke Street, have been sold.

This represents a 8% increase in studios sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Surry Hills for a free market appraisal.

Ted Pye

at Belle Property Surry Hills

4.9

(231 reviews)

Get a free market appraisal

Blair Cardile

at Belle Property Surry Hills

(121 reviews)

Get a free market appraisal

James Perlowski

at Belle Property Surry Hills

(205 reviews)

Get a free market appraisal

Alexander Babukhin

at Belle Property Surry Hills

4.9

(20 reviews)

Get a free market appraisal

Nearby agents

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

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 (231 reviews)
14 Reviews in Surry Hills
22 Sales in Surry Hills

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Blair Cardile

Blair Cardile is a recommended agent for Surry Hills. They have 9 local sales and collected 11 local reviews across the last 12 months.

5 (121 reviews)
11 Reviews in Surry Hills
9 Sales in Surry Hills

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James Perlowski

Sellers who recommend James Perlowski have praised them for being clear communication, local expert, responsive, friendly, supportive, honest and reliable