Rental Appraisal

Free Rental Appraisal — Sydney Inner City & Eastern Suburbs

Free Rental Appraisal

Find out what your investment property could earn, from the people who actually manage it.

Surry Hills has a rental vacancy rate of just 0.78%. Darlinghurst sits at 2.01%. Potts Point, Paddington and the inner Eastern Suburbs are running comparably tight. If you own an investment property in inner Sydney right now, the rental market is working in your favour, the question is whether your property is achieving everything it should be.

A free rental appraisal from Murray Property gives you a clear, honest picture of what your property could earn, based on 22 years of managing investment properties across Sydney’s inner city and Eastern Suburbs, not a generic algorithm or a number pulled from a postcode average.

Or call us directly: (02) 9371 5901 — Monday to Friday, 9am–5pm 

home@murrayproperty.com.au – 251 Oxford Street, Darlinghurst NSW 2010

Where we manage

Murray Property manages investment properties across Sydney’s inner city and Eastern Suburbs:

• Surry Hills: 0.78% vacancy rate, median weekly rents $775–$800 for well-presented properties
• Darlinghurst: 2.01% vacancy rate, 4.3% gross yield on units, strong executive leasing demand
• Potts Point: Premium Art Deco and contemporary apartment stock, corporate tenant profile
• Paddington: Heritage terrace and boutique apartment market, strong owner-occupier rental demand
• Redfern: Rapidly growing rental market, strong yield profile and low vacancy
• Elizabeth Bay: Premium harbour-adjacent apartments, high-value executive leasing
• Woolloomooloo: Waterfront and converted warehouse stock, niche premium market
• Kings Cross / Rushcutters Bay: Mixed residential and executive leasing
• Newtown / Erskineville: Inner west adjacency, strong rental demand from professional tenants
• Broader Eastern Suburbs: Bondi, Bondi Beach, North Bondi, Bondi Junction, Bronte, Dover Heights, Queens Park, Tamarama, Vaucluse, Waverley, Bellevue Hill, Darling Point, Double Bay, Edgecliff, Paddington, Point Piper, Rose Bay, Watsons Bay, Woollahra, Centennial Park, Chifley, Clovelly, Coogee, Eastgardens, Hillsdale, Kensington, Kingsford, La Perouse, Little Bay, Malabar, Maroubra, Matraville, Pagewood, Phillip Bay, Port Botany, Randwick, South Coogee.

What your free appraisal covers

A Murray Property rental appraisal is not a number on a page. It is a genuine assessment of your property’s rental potential, conducted by Michael Murray personally.

Your appraisal includes:

Current market rent estimate: Based on comparable recently leased properties in your specific street and building, not suburb-wide averages. The difference between a well-positioned rental estimate and a generic one can be $50–$150 per week on a Surry Hills or Darlinghurst apartment.

Vacancy rate and days-to-lease context: We tell you how quickly a property like yours is currently leasing in your suburb and what that means for your income continuity.

Presentation and preparation advice: What, if anything, your property needs before going to market to attract the best quality tenants at the highest achievable rent. Often this is nothing more than a professional clean and minor repairs. We are specific, not generic.

Tenant profile assessment: Who the most likely tenants are for your property, professional couple, executive single, family, corporate short-term, and what that means for how we market and lease it.

Full management fee disclosure: What Murray Property charges, transparently and completely, before you make any decision. No surprises after you sign.

Market comparison: How your current rent compares to market if you’re already tenanted. If you’re being undercharged, we’ll tell you plainly, and tell you what the proceso.

Michael Murray, your property manager

Michael Murray is Managing Director at Murray Property and has managed investment properties across Sydney’s inner city and Eastern Suburbs for over 22 years. He personally conducts rental appraisals and manages the relationships with landlords and tenants that define Murray Property’s approach.

Michael manages the full spectrum of inner-city investment stock, heritage Surry Hills terraces, Darlinghurst executive apartments, Potts Point Art Deco buildings, Paddington period homes and everything in between. He holds a NSW Real Estate Licence and is a member of the Real Estate Institute of NSW.

Why landlords choose Murray Property

Boutique means accountable At a large franchise agency, your investment property is one of hundreds managed by a rotating team of junior property managers. At Murray Property, Michael Murray manages your property personally. When something needs attention, there is one person responsible, and that person is the Managing Director.

22 years in the same suburbs Murray Property has been managing investment properties in Surry Hills, Darlinghurst and the Eastern Suburbs since before most of our competitors opened a local office. That longevity means genuine knowledge of which buildings have strata issues, which streets attract which tenants, and what quality tenants in this market expect from a well-managed property.

0.78% vacancy rate Surry Hills’s vacancy rate reflects what happens when a property is well-managed, well-presented and accurately priced. Murray Property’s management approach is built around minimising vacancy, tenant screening, proactive lease renewal, and responsive maintenance that keeps good tenants in place.

115 five-star Google reviews Our review count reflects genuine landlord and tenant relationships across two decades of managing inner-city investment properties. We don’t ask for reviews after a single transaction. We earn them over years.

Free marketing package for landlords Murray Property includes a professional marketing package, photography, listing on realestate.com.au and domain.com.au with premium placement, at no additional cost when you appoint us as your property manager.

What our landlords say

“Michael has managed my investment property for over eight years. In that time I’ve had one vacancy period of less than two weeks. Every other transition has been seamless — new tenant in before the previous one left. That’s not luck, that’s management.” — Landlord, Surry Hills

“I switched to Murray Property after two years of frustration with a larger agency. The difference was immediate. Michael knew my building, knew the tenants, and had the property re-leased within ten days at $80 per week more than I’d been getting.” — Landlord, Darlinghurst

“I manage three investment properties in the Eastern Suburbs. Murray Property handles all three. I’ve never had cause to question that decision.” — Landlord, Potts Point, Paddington and Redfern

Frequently asked questions

How long does a rental appraisal take? An on-site rental appraisal takes approximately 20–30 minutes. Michael will walk through the property, assess its condition and presentation, review comparable recently leased properties, and give you a written appraisal with a recommended rent range, tenant profile and any preparation advice within 24 hours.

Does a rental appraisal commit me to anything? No. A rental appraisal is completely free and carries no obligation to appoint Murray Property as your manager. We give you the information and let you make the decision.

How do I switch to Murray Property from my current manager? It is simpler than most landlords expect. You can switch property managers mid-lease in NSW with the correct notice period. Read our full guide to switching property managers