

30/151B Smith Street, Summer Hill, NSW 2130
Guide $650,000
2 1
Open Saturday 20 June 8:30 am Auction Saturday 20 June 9:00 amSummer Hill transitioned from large rural estates to a suburban residential area following the opening of its railway station in 1879. The suburb was primarily developed between 1880 and 1920, resulting in its distinctive architectural consistency.
Today, it is a highly sought-after 'lifestyle' suburb that balances a quiet residential feel with a bustling, pedestrian-friendly commercial village.
How this suburb feels day-to-day.
Dominant dwelling stock.
Typical entry to ceiling.
Summer Hill is a 'destination' suburb for families. Its value is underpinned by a strict limit on new supply due to heritage protections and its reputation for educational excellence.
$2.1m – $4.2m
$720k – $1.3m
12-month movement
Current asking rents
The high percentage of units reflects the suburb's density near the station, while the house median is driven by the scarcity of detached land in heritage zones.
Price comparison
Median price รท median income
Estimated rental yield
Summer Hill is considered an 'aspirational' suburb. Entry-level options are almost exclusively limited to older 1-bedroom apartments.
Lower = tighter market
Avg time on market
Annual rental increase
Young professional couples, small families prioritizing school catchments, and hospital staff from nearby RPA.
Capital growth is the primary play here. While yields are modest for houses, the low vacancy rate and high tenant quality provide excellent security.
Expect steady, moderate growth. Summer Hill tends to outperform in flat markets due to its 'blue chip' status but may lag in speculative booms where outer-ring development is high.
vs last 12 months
Relative comparison
Standard urban precautions apply near the railway station at night; residential streets are generally very quiet and safe.
Primary risks are regulatory (heritage) and environmental (noise). Structural risks in older Art Deco buildings should also be assessed.
Low risk; some localized overland flow issues near the Hawthorne Canal during extreme weather.
No significant risk.
Higher premiums may apply for heritage-listed homes due to specialized repair requirements.
Heritage Conservation Area (HCA), Aircraft Noise (ANEF) contours.
The Flour Mill precinct (completed) and small-scale infill near the Ashfield border.
Planning controls are designed to preserve the 19th-century character, meaning large-scale modern development is unlikely to encroach on the suburb's core.
Excellent; Train, Light Rail, and multiple bus routes to the CBD and Burwood.
High; Summer Hill Village is a self-contained hub with high-quality dining and retail.
Moderate; Small local parks like Darrell Jackson Gardens are well-maintained but lack large sports fields.
Elite; Highly ranked public primary and proximity to top private schools like Trinity Grammar.
Good; Proximity to Ashfield medical precincts and 15 mins to Royal Prince Alfred Hospital.
A highly educated, professional population with a notable concentration of workers in the education, health, and professional services sectors.
The stable, high-income demographic supports the local economy and ensures consistent demand for high-end property.
Most major development is now focused on the fringes, particularly the Parramatta Road Urban Transformation area.
Residents are fiercely protective of the suburb's character. There is a strong sense of belonging, centered around the village square and the local primary school.
The village is the heart of everything; I can't walk to the station without saying hello to three neighbors.
Getting to the CBD is a breeze, but finding a park near my apartment after 6 PM is a nightmare.
We moved here specifically for the public school and it has exceeded every expectation.
The houses are beautiful but maintaining a 100-year-old Federation home is a labor of love and very expensive.
The locals are very loyal to independent shops; they really value quality over the cheapest price.
I love the cafes, but the planes can be really loud on some days, especially if you're working from home.
Position the home as a 'forever family residence' within a blue-chip community. Emphasize the walk-to-everything lifestyle and the prestige of the local school zone.
High capital growth, low yield, high-quality tenants.
High entry cost and restrictive planning laws limiting development upside.
Incredible lifestyle, safe streets, and great coffee on every corner.
Older properties can be cold in winter and noisy due to thin walls and flight paths.
Strict adherence to smoke alarm and minimum ceiling height standards in older attic conversions is critical.
The 'Village Life' narrative—focus on the walkability to Lackey Street and the community feel.
Professional couples aged 30-45 with young children or planning a family.
This report is based on data available as of 2026-03-13. It is intended for informational purposes only and does not constitute financial or legal advice. Buyers should conduct their own independent due diligence and consult with qualified professionals before making any property purchase.
Now
Before

Guide $650,000
2 1
Open Saturday 20 June 8:30 am Auction Saturday 20 June 9:00 am

Auction I Guide $1,250,000
2 2 1
Open Saturday 6 June 12:00 pm Auction Saturday 20 June 2:00 pm

Contact Agent
3 2
Open Saturday 6 June 11:00 am Auction Saturday 27 June 9:00 am

Auction
2 1 1
Open Saturday 6 June 11:00 am Auction Saturday 13 June 2:15 pm

AUCTION
3 2 2
Open Saturday 6 June 1:00 pm Auction Saturday 13 June 1:30 pm

Stylish Apartment Retreat in a Sought After Locale


$1,343,000
3 1 1
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