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Not much of a ripple effect from Surry Hills prices to Redfern happening at the moment. At least not in this particular area. This http://www.realestate.com.au/cgi-bin/rsearch?a=o&id=106065748&f=0&p=10&t=res&ty=&fmt=&header=&cc=&c=85176952&s=nsw&snf=rbs&tm=1257294963 acheived $627,000...

Bit of an acid test for my Redfern property to see what this property nearby by sells for on 7 November (auction). Interested if any ripple efect is happening from Surry Hills to Redfern (Surry Hills prices are on the move)...

"Well its been "at least 5 years" since 2003 and the "central areas of sydney" are on the move." Is this evidence that the wave has started in Sydney...about as close to Sydney CBD as you can get and about as unrenovated as you can get (is there only an external toilet?). I'm now waiting...