The Inner-City Hotspot That’s On The Rise

28 Apr 2023

The pulsing heart of the inner city, Darlinghurst is rich in culture and history with a vibrant entertainment scene as well as being the spiritual birthplace of the LGBTQIA community in Australia and home to the world-class St Vincent’s medical precinct. There’s so much to love about inner-city living from exploring world-class dining and shopping precincts to discovering new cultural hubs and vibrant laneways and Darlinghurst’s historic streets are dotted with cool cafes, speakeasys and theatres making it one of Sydney’s most eclectic neighbourhoods. The post-pandemic Darlinghurst is transforming too with the city-shaping Oxford & Foley project set to breathe new life into Sydney’s cultural and creative heart.

Our area specialists Catherine Dixon and Kane Dunkley have listed a choice of two Victorian terraces in key lifestyle locations in Darlinghurst offering a fantastic opportunity to buy into this connected suburb that’s on the rise. Kane says, “This pocket of Darlinghurst is on the city fringes whilst still having a village feel to it. It’s what makes it such a desirable location and draws in buyers from surrounding suburbs like Paddington and Woollahra that offer a similar ‘walk everywhere’ lifestyle. Whichever direction you decide to stroll, you’re bound to find everything from fine dining to high end retail. It’s one of those areas where you can do as much or as little as you like. Stock is still tight in Darlinghurst so when quality homes come to market, they’re snapped up quickly.”

Holding a prized end-of-row position, 199 Palmer Street, Darlinghurst is a tri-level sandstone terrace offering a true walk-everywhere urban retreat between Oxford Street’s entertainment hub and East Sydney’s celebrated eat street. Freestanding to the north side, the bright and airy terrace’s minimalist Scandi-style interiors and walled courtyard make a perfect inner-city home surrounded by some of Sydney’s coolest bars and cafes and an easy walk to the CBD.

New to the market, 240 Liverpool Street, Darlinghurst is undoubtedly one of the most unique inner-city residences you’ll ever see with a striking interior redesign that’s designed as the ultimate space to live, work and entertain. Spread over four levels, the three-bedroom home has been conceived as a hidden world in a top spot between Victoria Street’s foodie hub and Hyde Park and comes with a buyer’s guide of around $1.5m.

If you’re on the hunt for a retail/creative space, Shop 2/107-111 Oxford Street, Darlinghurst is positioned right in the heart of the action, opposite the upcoming Oxford & Foley precinct. For sale between $1.6m and $1.7m, the high-exposure 127sqm approx commercial space features internal access to a huge garage with a highly adaptable layout ideal for a wide range of uses from a restaurant or cocktail lounge to a design studio or creative space.

This week the sales team secured 8 sales with an average price of $1.5m and listed 16 new properties and the management team secure 5 tenancies and listed 4 new properties for lease.