Redfern, NSW
FAIR VALUE13,441 sales · 36 years of data · NSW, Australia
Redfern, NSW Property Market Overview
Redfern, NSW, 2016, is a vibrant inner-city suburb of Sydney, prized for its proximity to the CBD and eclectic mix of residential and commercial properties. Our analysis of the Redfern property market is based on 36 years of recorded sales data, encompassing a total of 13,441 transactions. This comprehensive dataset allows us to provide valuable insights into Redfern's historical performance and current market dynamics.
Currently, the median property price in Redfern (all types) stands at $1,500,000. Breaking this down further, houses have a median price of $2,150,000, while apartments sit at $1,245,000. Redfern's diverse property landscape, coupled with its desirable location, makes it a key area of interest for both owner-occupiers and investors.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Redfern
Top streets in Redfern, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Telopea St | $2,200,000 |
| 2 | Baptist St | $2,150,000 |
| 3 | Chalmers St | $3,575,000 |
| 4 | Pitt St | $3,475,000 |
... and 102 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Maddison St | $22,994/m² |
| 2 | Great Buckingham St | $21,643/m² |
| 3 | Morehead St | $20,400/m² |
| 4 | Boronia St | $22,007/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Wells St | +7.6% |
| 2 | Elizabeth St | +8.1% |
| 3 | Caroline St | +7.3% |
| 4 | Maddison St | +8.5% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
| # | Address | Median |
|---|---|---|
| 1 | 1 A Great Buckingham St | $1,950,000 |
| 2 | 52 Pitt St | $1,407,500 |
| 3 | 6 Baptist St | $1,708,625 |
| 4 | 9 Marriott St | $2,110,000 |
... and 166 more buildings
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Redfern analysis
106 streets and 170 buildings to explore
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Redfern at a Glance
Redfern, NSW
Map data © OpenStreetMap contributors
Local Amenities
Living in Redfern, NSW
Living in Redfern offers a vibrant urban lifestyle with a strong sense of community. The suburb boasts a range of amenities, including Redfern Park, a popular spot for recreation and relaxation. Education options include Redfern Public School and nearby Cleveland Street Intensive English High School. Redfern Station provides excellent transport links to the city and surrounding areas.
The suburb is known for its diverse culinary scene, with numerous cafes, restaurants, and bars along Redfern Street. Shopping options are plentiful, with local boutiques and larger retail outlets catering to residents' needs. The vibe in Redfern is a blend of old and new, with heritage buildings sitting alongside modern developments, creating a unique and appealing atmosphere.
Who Buys in Redfern?
The buyer profile in Redfern is diverse, reflecting the suburb's varied housing options and lifestyle appeal. With a strata percentage of 45.5%, apartments are a significant part of the market, attracting first home buyers, young professionals, and investors. The higher median house price of $2,150,000 also draws families seeking larger properties. The historical CAGR figures, particularly the 20-year CAGR of 6.3%, suggest that Redfern appeals to buyers looking for long-term growth potential.
Market Analysis
Our property cycle analysis indicates that, as of early 2026, Redfern's market is currently near its long-term trend, reflecting fair value. This means that property prices in Redfern are presently aligned with the suburb's historical performance and underlying economic fundamentals. A market at fair value typically suggests a balanced scenario where neither buyers nor sellers have a significant advantage.
This cycle position provides a snapshot of the current market conditions in Redfern. While it's not predictive, understanding Redfern's position relative to its historical trend helps stakeholders gauge the overall health and stability of the local property market as of early 2026.
Is Redfern a Good Investment?
Redfern's historical growth patterns suggest a suburb with a solid track record of property value appreciation. The 20-year CAGR of 6.3% and the full-period CAGR of 6.1% point to consistent long-term growth in Redfern. The diverse property mix, including a significant proportion of apartments, caters to a range of buyers and renters.
As of early 2026, the fact that Redfern's market is near its long-term trend, reflecting fair value, indicates a balanced market. These factors, combined with Redfern's desirable location and lifestyle amenities, contribute to its appeal. Redfern's position within Sydney's inner-city property market is firmly established, driving consistent demand.
Redfern Market Outlook
As of early 2026, Redfern's property market is showing stability, with prices currently near its long-term trend, reflecting fair value. Recent price trends indicate a steady market, aligning with historical performance. Given the ongoing demand for inner-city living and Redfern's established amenities, the outlook for the suburb remains positive. Continued monitoring of market indicators will provide further insights into Redfern's future performance.
Streets & Location in Redfern, NSW
Redfern, identified by the postcode 2016, is home to 106 streets, each contributing to the suburb's unique character. Among the streets in Redfern, those with higher median prices include TELOPEA ST, GREAT BUCKINGHAM ST, and KEPOS ST. Redfern's location, close to the city and major transport links, makes it an attractive place to live and invest. The suburb's blend of residential and commercial areas further enhances its appeal.
Market Dynamics
Transaction patterns in Redfern reveal an average settlement time of 53 days, which is the typical timeframe for property sales to finalise. This settlement period provides an indication of the market's efficiency. While specific quick-flip data is not available, the average settlement time offers insight into the pace of transactions within the Redfern property market. Monitoring these trends helps to understand the flow of properties and the level of activity in Redfern.
Development & Density
Redfern features a mix of housing types, with a notable presence of apartment buildings. There are approximately 170 apartment buildings in Redfern, contributing to its higher-density living options. The balance between houses and apartments influences the overall character of Redfern, catering to a range of lifestyles and preferences. Analysing this density helps to understand the future development potential and the changing landscape of Redfern.
Growth & Property Mix
Over the past 10 years, Redfern has experienced a compound annual growth rate (CAGR) of 3.2%. Looking further back, the 20-year CAGR is significantly higher at 6.3%, while the full-period CAGR, spanning the entire 36 years of data, is 6.1%. These figures illustrate Redfern's long-term appreciation in property values. The property mix in Redfern is diverse, with apartments representing a significant portion of the market, as evidenced by the 45.5% strata (apartment) percentage.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.