Market snapshot

Suburb insights for Surrey Hills3127

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Surrey Hills, approximately 11 km east of Melbourne's CBD, is a tranquil, tree-lined suburb renowned for its heritage charm, Federation-era homes, and village atmosphere. The suburb offers a peaceful residential setting with a strong sense of community, supported by local shopping strips along Union and Canterbury Roads, as well as excellent access to transport via Surrey Hills Station and multiple tram routes. With top-performing public and private schools nearby, leafy streetscapes, and beautiful period homes, Surrey Hills is a sought-after pocket for families, downsizers, and professionals alike. Its timeless appeal and convenient inner-east location make it a consistent performer in Melbourne’s property market.

Sales data

Median sale price
$2.3mil
Quarterly price change
3.4%
Metro Melbourne Comparison
$992k
1.9%
BedroomsSurrey HillsMetro comparison
2-$950,000
3$1,888,000$863,000
4$2,304,000$980,500
InsightSurrey HillsMetro comparison
Clearance rate68.6%74.9%
Days on market3637

Rental data

Median weekly rent
$850
Rental yield
2%
Metro Melbourne Comparison
$580
3.1%
BedroomsSurrey HillsMetro comparison
2-$595
3$750$550
4$1,050$595
Median data for the current quarter
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