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.

Recent sales and auction results in Surrey Hills

AddressBedroomsPriceTypeMethodSale DateAgentListing
20 Norfolk Rd, Surrey Hills4PriceHousePassed in at Auction5/12/2025Marshall White & CoView
72A Park Rd, Surrey Hills4PriceHouseSold Before Auction2/12/2025HeavysideView
1/86 Broughton Rd, Surrey Hills2PriceUnitPrivate Sale20/11/2025Area Specialist Keysborough
16 Lambourne St, Surrey Hills5PriceHouseAuction Sale5/12/2025ATRIA REAL ESTATE
4/3 Payne St, Surrey Hills2PriceUnitAuction Sale5/12/2025FletchersView
26 Shepherd St, Surrey Hills3PriceHouseAuction Sale5/12/2025Marshall White & CoView

Sales data

Median sale price
$2.3mil
Quarterly price change
15.1%
Metro Melbourne Comparison
$955k
2.7%
BedroomsSurrey HillsMetro comparison
2-$910,000
3$1,859,444$830,000
4$2,315,000$951,500
InsightSurrey HillsMetro comparison
Clearance rate93.3%81.4%
Days on market3636

Rental data

Median weekly rent
$850
Rental yield
1.9%
Metro Melbourne Comparison
$580
3.3%
BedroomsSurrey HillsMetro comparison
2-$580
3$735$550
4$1,075$600
Median data for the current quarter

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