61/5-13 Hutchinson Street, Surry Hills NSW 2010

61/5-13 Hutchinson Street, Surry Hills NSW 2010
Top-floor warehouse apartment | Secure parking | Two bathrooms | Surry Hills quiet pocket This apartment offers a rare combination of scale, a top-floor position, and two bathrooms in Surry Hills, which typically commands a premium over standard two-bedroom units. The warehouse-style layout and secure parking strengthen its appeal to professionals who prioritise space and convenience over a traditional house. It best suits owner-occupiers seeking a character-filled home with strong lifestyle fundamentals, though investors will note the rental yield potential from the buildingโ€™s recent $1,000โ€“$1,100 per week benchmarks. The main risk is price, comparable units in the complex have sold for $1.37โ€“$1.43 million, while this listing is at $1.6 million, suggesting a premium that may limit capital growth in the short term. Strata costs and building age should be verified, as older complexes can carry higher levies or sinking fund requirements. The opportunity lies in negotiating toward the buildingโ€™s proven transaction range, where the propertyโ€™s configuration and location support stable demand. Hold this as a long-term inner-city home or a low-maintenance rental with above-average tenant appeal.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 61/5-13 Hutchinson Street, Surry Hills NSW 2010
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Market Insight:

Surry Hills is a premium inner-city suburb where a distinct two-tier market exists. Established families and high-income earners are driving exceptional demand for scarce houses, creating a robust and appreciating market. In contrast, the apartment segment, favoured by young professionals and investors, is experiencing softer conditions. Future growth is anchored in the suburb’s enduring appeal and constrained supply of houses, though the unit market’s recent performance presents a notable risk.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

123mยฒ

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