Hyperlocal  ·  Sydney  ·  Surry Hills vs Paddington

Surry Hills vs Paddington

Side-by-side comparison of two Sydney suburbs. 1.5 km apart. Refreshed 2026-06-04.

Hyperlocal's read

Both Surry Hills and Paddington carry a green light verdict from Hyperlocal. Both share an investor tier of moderate conviction with similar horizons. Surry Hills is roughly 22% cheaper on the apartment buy median than Paddington. The right pick depends on your priority — open the per-area pages for the full driver / risk breakdown.

Side-by-side

Surry Hills → Paddington →
Verdict Green light Green light
Confidence score 55/100 55/100
Price band A$1.6M+ terrace median A$2.2M+ terrace median
Apartment buy median A$1.08M A$1.38M
House buy median A$2.40M A$3.05M
Apartment rent median A$750 / week A$850 / week
House rent median A$1100 / week A$1420 / week
Investor tier Moderate conviction Moderate conviction
Investor horizon 3–5 year horizon 7–10 year horizon
Tags Inner CityPremiumYoung Professionals Inner EastPremiumHeritage

Three signals — each side

Surry Hills

  • Inner-city village — terraces, restaurants, design studios
  • Walkable to CBD + Central Station
  • Mostly Victorian terrace stock; family floor-plates limited

Paddington

  • Heritage terrace streets — Oxford Street retail spine
  • Walkable to CBD via Hyde Park (~25 min)
  • Terrace stock — heritage controls limit redevelopment

FAQ

Should I choose Surry Hills or Paddington?

Both Surry Hills and Paddington carry a green light verdict from Hyperlocal. Both share an investor tier of moderate conviction with similar horizons. Surry Hills is roughly 22% cheaper on the apartment buy median than Paddington. The right pick depends on your priority — open the per-area pages for the full driver / risk breakdown.

What's the price difference between Surry Hills and Paddington?

Surry Hills apartment buy median is A$1.08M; Paddington is A$1.38M. Both are calibrated against Domain + realestate.com.au + CoreLogic 2025 and refreshed monthly.

Are Surry Hills and Paddington similar in character?

Surry Hills and Paddington share these tags: Premium. Beyond that, Surry Hills also reads as Inner City, Young Professionals; Paddington adds Inner East, Heritage.

Decide on the map

Open Surry Hills or Paddington on the interactive Sydney map for the live verdict, commute isolines, school catchment overlay, and live broker pipeline.