Surry Hills vs Wedderburn
Property investment comparison - Surry Hills, NSW 2010 vs Wedderburn, NSW 2560
Head-to-head across core investment metrics: Surry Hills wins 2, Wedderburn wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Surry Hills | Wedderburn |
|---|---|---|
| Median house price | $2.5M | $2.5M |
| Median unit price | $860K | $525K |
| Gross rental yield (houses) | 2.75% | 1.56% |
| Gross rental yield (units) | 4.80% | 4.91% |
| 1-year house growth | +4.2% | - |
| 3-year house growth | +5.7% | - |
| Vacancy rate | 1.5% | 7.7% |
| Population | 15,828 | 665 |
Surry Hills vs Wedderburn: what the numbers say
Houses cost about the same in both suburbs: the median house price is $2.5M in Surry Hills and $2.5M in Wedderburn.
For units, Surry Hills sits at a median of $860K against $525K in Wedderburn, which makes Wedderburn the more affordable unit market and Surry Hills the pricier one.
On cash flow, Surry Hills leads: houses there return a gross rental yield of 2.75%, compared with 1.56% in Wedderburn, a gap of 1.19 percentage points.
Rental vacancy is 1.5% in Surry Hills and 7.7% in Wedderburn, so landlords in Surry Hills face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Surry Hills is the bigger suburb, with a population of 15,828 against 665, roughly 24 times the size of Wedderburn; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Surry Hills for rental income, Surry Hills for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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