Specialist leasing and management for Darlinghurst landlords, by a team with over 40 years of combined experience in the Eastern Suburbs.
Darlinghurst’s rental vacancy sits at 2.7%, a landlord’s market, but only for properties managed and presented correctly. Murray Property manages executive rentals, investment apartments, and heritage terraces across the 2010 postcode. We know which streets command a premium, which buildings have strata issues, and which tenant profile suits each property.
Call 02 9371 5901
Facts and Figures
Experience the Murray Property difference for yourself today.
115
Five-star Google reviews
40+
Years of combined experience
19+
Years local experience
Why local expertise matters in Darlinghurst
Darlinghurst is not a uniform market. Two apartments in the same building, on different floors facing different directions, can achieve rents $150 per week apart, and a property manager who does not know the suburb will price both the same way.
Murray Property is headquartered at 251 Oxford Street, and our team brings over 40 years of combined experience managing properties across the Eastern Suburbs. We know that Oxford Street-facing apartments below the fourth floor carry a noise liability on weekend nights We know which buildings have strata levies that have increased sharply due to unresolved defect remediation, and which ones have clean financials. That detail does not appear on a listing portal. It comes from years of transacting in the same streets.
Pricing accuracy is where local knowledge produces the most direct financial return. The median Darlinghurst apartment rents at $750 per week. Executive stock, well-presented and correctly positioned, regularly achieves $1,100 to $1,400 per week. The difference is not always the property. It is how the property is understood, priced, and presented.
Meet Michael Murray
Born and raised in the Eastern Suburbs, a respected estate agent with over 19 years experience and a superior track record in leasing results, Michael Murray is deeply knowledgeable in Sydney’s dynamic and diverse property market.
Michael has secured tenants for some of Sydney’s most elite properties. He has set new records for rental prices achieved, and received prestigious awards for his performance in leasing properties.
251 Oxford Street, Darlinghurst NSW 2010 | 0414 406 965 | michaelmurray@murrayproperty.com.au
What Murray Property provides for Darlinghurst landlords:
Free professional photography, video & drone for all new landlords
Executive tenant matching via off-market register
Rent review strategy & NSW 2024 reform compliance
Proactive maintenance coordination
Transparent monthly reporting
Furnished executive property management
Facts and Figures
The Darlinghurst rental market in 2026:
For a full breakdown, read our 2026 Landlord’s Guide to Darlinghurst and Surry Hills →
Executive Stock:
$1,100+/week
House price growth:
12.2% annually
Vacancy rate:
2.7%
Source: Darlinghurst suburb profile — Cotality · Sydney vacancy rate — SQM Research
What Darlinghurst Landlords Say
240 Crown Street, Darlinghurst, NSW, 2010
Fantastic result
I engaged the team at Murray Property to rent my property in Darlinghurst. I was very impressed with Michael’s local market knowledge, his great communication skills and the speed with which he was able to bring about a fantastic result for me. He made the whole process really easy and I would certainly recommend Murray Property to family and friends.
15/358A Victoria St, Darlinghurst, NSW, 2010
Excellent communication and great results
This is the second time I have used Michael Murray and his team, and once again, they have been outstanding. Their property management is second to none; they are proactive, highly organized, and give me total peace of mind. Michael is an excellent communicator who kept me informed throughout the entire process. They were incredibly effective in securing a high-quality tenant with quick results. I continue to be impressed by their professionalism and wouldn’t hesitate to recommend them to any landlord.
03/2 Neild Avenue, Darlinghurst, NSW, 2010
These are just three of the outstanding qualities ingrained within the Murray team.
We have never before had agents who provide such a great service, and attention to detail yet also take the time to communicate in an efficient manner. We feel like the Murray team are just as invested in our apartment as we are. We also respect their fair handed treatment with our tenants when any issues do arise (which is rare).
Frequently Asked Questions
How much does property management cost in Darlinghurst?
Property management fees in Darlinghurst vary depending on the level of service provided and the specific needs of your property.
At Murray Property, our full-service offering covers everything from leasing and tenant management to maintenance coordination, rent reviews, and compliance.
For a tailored breakdown based on your property, feel free to get in touch with our team.
What is the average rental yield in Darlinghurst?
Darlinghurst units currently yield approximately 4.3% gross. Houses yield around 2.7%, lower relative to purchase price, but show significantly stronger capital growth at 12.2% annually.
How long does it take to find a tenant in Darlinghurst?
With a vacancy rate of 2.7% and strong demand from professionals and executive relocatees, well-presented Darlinghurst properties typically lease within one to two weeks. Properties on our off-market register are often matched to tenants before public listing.
Can I switch property managers mid-lease in NSW?
Yes. In NSW you can change property managers at any time by providing written notice to your current agent. The incoming agent handles the transition. Murray Property manages this process on behalf of landlords switching to us.
Click here for more info – https://www.murrayproperty.com.au/can-i-switch-property-managers-mid-lease-in-nsw/
How often can rent be increased in NSW?
Under NSW’s 2024 tenancy reforms, rent can be increased once every 12 months regardless of lease type. A minimum of 60 days written notice is required. The 12-month period runs from the date of the last increase, not the date of lease renewal.
Is Darlinghurst a good suburb for investment property?
Darlinghurst has one of the tightest rental vacancy rates in inner Sydney at 2.7%, strong annual house price growth of 12.2%, and a consistent professional tenant base. Supply is structurally constrained, the suburb is fully built out with no meaningful development pipeline. For landlords, that combination of low vacancy and capital growth makes it one of Sydney’s most reliable investment postcodes.
Darlinghurst Latest Content
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- The Landlord’s Guide to Darlinghurst and Surry Hills
Get a Free Rental Appraisal for Your Darlinghurst Property
Murray Property provides free rental appraisals for Darlinghurst landlords. We assess your property against current market conditions and advise exactly what it should be achieving,with no obligation.
Contact us
251 Oxford Street, Darlinghurst NSW 2010 | 02 9371 5901 | home@murrayproperty.com.au
Request a rental appraisal: murrayproperty.com.au/rental-appraisal/
Current rental listings: murrayproperty.com.au/residential-for-lease/
Free marketing package details: murrayproperty.com.au/about-us/marketing-package/
Property management enquiries: murrayproperty.com.au/contact-us/