CONVEYANCING IN SURRY HILLS
No neighbourhood in the eastern suburbs of Sydney has such a long standing mix of residential, commercial and light industrial buildings as Surry Hills.
Terrace houses and workers’ cottages were built here from the 1850s, and many still remain. However, Surry Hills was one of eastern Sydney’s working class suburbs by the nineteen forties. A lot of the terraces became bedsitters and boarding houses, and it was one of the first places that the large immigrant population headed to after World War 2.
All this, along with the fact that building regulations have changed over the years has made life for conveyancers and property lawyers a very mixed bag.
Today, conveyancing in this inner city suburb is much less likely to be a problem. The former bedsitters are once again single dwellings, and many of the unapproved additions and alterations have been removed. Even though conveyances can be as complicated as they are in a lot of older areas, they move forward in much more orderly steps.
Much of the light industry has now moved elsewhere. Former empty warehouses and other industrial premises have been redeveloped into flats, and these, along with new apartment blocks have to abide by modern regulations, making irregularities in conveyancing less likely.
The degree of development is shown by the fact that 69.7% of dwellings are flats, units or apartments, compared to the Australian average of 13.6%.
Snapshot of recent sales. Listings are alphabetical by street names.
|129 Arthur Street,||$1,670,000||3||2||1|
|514 Bourke Street||$1,630,000||2||2||1|
|11 Kendall Street||$1,450,000||3||1||–|
|37 Lansdowne Street,||$1,200,000||3||1||–|
|66 Marlborough Street||$1,430,000||3||1||–|
|25 Norton Street||$1,005,000||2||1||–|
|403/21 Brisbane Street||$710,000||1||1||1|
|10/333 Crown Street||$920,000||2||1||1|
|413/82-92 Cooper Street||$635,000||1||1||–|
|56/551 Elizabeth Street||$442,199||Studio||1||1|
|4/37 Foster Street||$695,000||2||2||–|
|305/26 Kippax Street||$782,500||2||2||1|