Darlinghurst, NSW, 2010
Where is Darlinghurst located?
Darlinghurst is conveniently located 1.5 kilometres south-east of the CBD in Sydney’s Eastern Suburbs. Darlinghurst borders Hyde Park and is walking distance to the CBD. Alternatively, Kings Cross station is just to the north and Museum station is on the south- western corner of Hyde Park. Buses also travel along Oxford Street to the CBD at least every three minutes and in the opposite direction to Sydney’s southern beaches including the famous Bondi Beach via Bondi Junction.
What housing types are predominant?
Apartments are the most common type of housing in Darlinghurst, however they vary widely from studio apartments to spacious four bedroom units with panoramic views and costing as much as a freestanding house. Many of the terrace homes in busy locations such as Crown Street have been converted into apartments, however some grand old homes that were constructed prior to the gaol in 1841 remain.
What attracts home buyers & investors to Darlinghurst?
Many apartments in Elizabeth Bay enjoy breathtaking views across the Harbour. Combine this with the relaxed lifestyle, tree-lined streets, easy access to cafés and quality restaurants in Macleay Street and proximity to the CBD and you can see why purchasers pay a premium to buy into this market.
Restaurants, shops & entertainment
Since the gaol’s conversion into the National Art School, the suburb has gradually evolved into a popular inner city hub for artists and trend setters. There are a host of popular cafés, restaurants, pubs, bars and shops in Darlinghurst including the almost cultish Gelato Messina, where you will often see a queue out the door and down the street. The local café scene is cutthroat and many try to differentiate themselves and appeal to the health conscious demographic by offering vegan and unconventional menu options such as chicken and fish dishes on the brunch menu.
Entertainment options are abound in Darlinghurst with the Darlinghurst Theatre Company, numerous art galleries and shops along Oxford Street including vintage and record stores. Hoyts cinema is nearby at The Entertainment Quarter in Moore Park and major events are frequently hosted at Allianz Stadium and Moore Park Showground.
Sports & fitness
Darlinghurst residents are spoilt for choice when it comes to fitness options. Hyde Park, Rushcutters Bay Park, the Royal Botanic Gardens and Cook and Phillip Park Aquatic and Fitness Centre are all nearby. There are also many gyms and health clubs to choose from. Centennial Parklands and the Moore Park Golf Club are a little further but still within reach.
Schools & education
Darlinghurst provides access to a wide range of schools for every need. Schools in the suburb include Darlinghurst Public School, SCEGGS Darlinghurst, Sydney Grammar School and East Sydney High School (specialist needs). Secondary or combined primary/secondary schools in the area include Sydney Boys and Girls High Schools in Moore Park, St Mary’s Cathedral College, Macquarie Grammar School and St Andrew’s Cathedral School in Sydney CBD, St Vincent’s College (for girls) in Potts Point and Ascham School in Edgecliff. There are a number of primary and pre-schools in the area. Nearby specialist schools include Conservatorium High School (music), Brent Street (performing arts) and Cleveland Street Intensive English High School. Nearby tertiary institutions include Australian Pacific College in Sydney (English and business courses for international students) and Sydney TAFE. The University of Sydney is only two train stops away (near Redfern Station).
What can my money buy in Darlinghurst?
The median house price in Darlinghurst is $1,605,000, which is 7.8% higher than a year ago. For this price you can buy a three bedroom terrace house in central Darlinghurst with parking. The median unit price increased by 13.9% last year to $784,000. This price straddles the border between modern one bedroom apartments in a high rise with modern facilities and older two bedroom apartments in smaller blocks with parking.