Median price trend for houses
Based on 142 sales in the preceding 12 months
$2,130,000
Down 7.0% over 12 months
- 1 bed
- $736k
- 2 bed
- $1.36m
- 3 bed
- $1.81m
- 4 bed
- $2.2m
- 5+ bed
- $2.74m
Park with pavilion and flower beds
Peter Campbell · CC BY-SA 3.0
The quick read on
Surrey Hills
VIC 3127 · Boroondara
What homes cost, how rents have moved, and a feel for the people who call it home.
- Median house
- $2,130,000
- Median unit
- $900,000
- Population
- 13,655
- Postcode
- 3127
latest suburb median
latest suburb median
ABS 2021
Surrey Hills, Victoria
Property market insights for Surrey Hills
Median sale price and rental income of properties in Surrey Hills VIC
Median rent trend for houses
Based on 97 rental listings in the preceding 12 months
$900 per week
Up 9.1% over 12 months
Market data updated October 2026.
The median house price in Surrey Hills, VIC is currently $2,130,000, based on the latest 12 months of sales. Surrey Hills has a 12-month growth rate of -7.0% for houses and 6.8% for units.
One-bedroom houses have a median sale price of $736,000, Two-bedroom houses have a median sale price of $1,360,000, Three-bedroom houses have a median sale price of $1,810,000, Four-bedroom houses have a median sale price of $2,200,000, Larger houses have a median sale price of $2,740,000 in Surrey Hills.
If you're looking to lease, the median rent for houses in Surrey Hills is $900 per week. The median house rent has increased 9.1% over the last 12 months.
The median price of apartments and units for sale in Surrey Hills is $900,000, which has increased 6.8% since the same time last year. Two-bedroom apartments and units have a median sale price of $806,000, Three-bedroom apartments and units have a median sale price of $1,280,000, Four-bedroom apartments and units have a median sale price of $1,520,000 in Surrey Hills. The median rent for units and apartments in Surrey Hills is $625 per week and has increased 8.7% over the last 12 months.
Crime and safety
Is Surrey Hills safe?
The overall rate for Surrey Hills is 2,363 offences per 100,000 residents — 41% below the Greater Melbourne benchmark.
That is the clearest suburb-wide answer. Open the detailed profile to see how the pattern changes across offence types and different parts of Surrey Hills.
Overall crime rate
2,363
offences per 100,000 residents
41% belowGreater Melbourne
Surrey HillsGreater Melbourne: 4,001
Suburb-wide estimate from Microburbs' public crime model; it is not an address-level measure.
The people behind the postcode
Who lives in Surrey Hills?
Surrey Hills VIC 3127 is in Victoria, within Greater Melbourne.
13,655 people call Surrey Hills home, with an average of 2.6 people per household and a median household income of $2,503 a week.
Public ABS 2021 Census figures. The bars compare the local share with the capital-region benchmark.
- Population
- 13,655
- Median age
- 42 years
- Median mortgage
- $3,000 / month
- 2021 household rent
- $462 / week
Above the benchmarkBelow the benchmarkIn lineGreater Melbourne benchmark
Age profile
Share of residents in each age band.
Under 1516.5%Below
15–3424.3%Below
35–5427.2%Below
55–7423.9%Above
75 and over8.0%Above
Homes
Share of occupied private dwellings.
Separate houses66.9%Below
Townhouses20.5%Above
Apartments12.3%Below
Ownership
Share of homes with a stated ownership or rental status.
Owned outright42.6%Above
Paying a mortgage35.4%Below
Renting22.0%Below
Cars at home
Vehicles available to occupied households.
No car4.7%Below
One car37.8%Above
Two cars42.0%Above
Three or more15.5%Below
Getting to work
Selected ways residents worked or travelled on Census day.
Worked from home44.6%Above
Drove to work32.1%Below
Train, tram or bus3.9%In line
Walked or cycled2.3%In line
What stands out in Surrey Hills
44.6% of workers in Surrey Hills worked from home on Census day — noticeably more common than across Greater Melbourne.
6.0% of Surrey Hills residents were born in China.
46.6% of people in Surrey Hills described themselves as having no religion in the 2021 Census.
A closer look at the Census
Questions people ask about Surrey Hills
Open any question for a plain-English reading of the public 2021 Census for Surrey Hills VIC 3127.
Is Surrey Hills family-friendly?Age, family structure and household size describe the community families would be joining.
16.5% of Surrey Hills's residents were children under 15 in the 2021 Census. That is close to the Greater Melbourne average.
3,754 family households lived in Surrey Hills; 51.9% were couple families and 11.5% were one-parent families.
36.2% of local families included children under 15. That is somewhat below the Greater Melbourne average.
These are suburb-wide household figures, not school or childcare ratings.
What is the age profile of Surrey Hills?The balance between younger adults, families and older residents changes how a suburb feels day to day.
Surrey Hills had 13,655 residents at the 2021 Census.
21.4% of residents were aged 25 to 44.
31.9% were 55 or older. That is well above the Greater Melbourne average.
Age shares use the suburb’s total Census population.
What kind of homes are in Surrey Hills?The dwelling mix shows whether the suburb is mostly detached homes, townhouses or apartments.
Separate houses made up 66.9% of occupied private dwellings in Surrey Hills.
Townhouses and other attached homes represented 20.5% of occupied private dwellings.
Flats and apartments accounted for 12.3% of occupied private dwellings.
All three shares use occupied private dwellings as the denominator.
Do people own or rent in Surrey Hills?Tenure shows how many households own outright, have a mortgage or rent.
42.6% of households with a stated tenure owned their home outright. That is well above the Greater Melbourne average.
35.4% were buying their home with a mortgage.
22.0% rented their home. That is well below the Greater Melbourne average.
Tenure shares include households that stated one of these three arrangements.
How large are households in Surrey Hills?Household-size data shows the mix behind the suburb-wide average.
The average household in Surrey Hills had 2.6 people.
One-person households made up 23.2% of occupied homes. That is close to the Greater Melbourne average.
Two-person households represented 31.8%, while 29.2% had four or more usual residents.
Household size counts usual residents in occupied homes.
How do people get to work in Surrey Hills?Census-day travel shows the balance between home, road, public transport and active travel.
44.6% of workers worked from home on Census day. That is well above the Greater Melbourne average.
32.1% drove a car as their only travel method. That is well below the Greater Melbourne average.
3.9% used only a train, tram or bus, while 2.3% walked or cycled.
Travel figures are a 2021 Census-day snapshot.
How many cars do households have in Surrey Hills?Vehicle availability helps describe the routines local households can support.
4.7% of occupied households had no motor vehicle available. That is about half the Greater Melbourne rate.
One-car households formed 37.8% of the total.
57.5% of households had two or more vehicles.
Vehicle counts refer to occupied households, not individual residents.
Who's moving to Surrey Hills, and who stays?Address history shows how settled or recently mobile residents were at the Census date.
64.1% were at the same address five years earlier, while 35.9% reported a different address.
26.9% of residents were born outside Australia. That is well below the Greater Melbourne average.
Mobility figures cover residents who answered the relevant Census question.
What languages are spoken in Surrey Hills?Language at home gives a direct view of the community’s everyday linguistic mix.
77.2% of residents used only English at home.
20.4% used a language other than English at home.
7.8% spoke Mandarin at home, 2.0% spoke Cantonese and 0.5% spoke Hindi.
Home language is separate from English proficiency.
Where were Surrey Hills residents born?Birthplace adds another layer to the local story, separate from ancestry and language.
26.9% of Surrey Hills's population was born outside Australia, while roughly 73.1% was born in Australia.
6.0% of residents were born in China.
1.5% were born in India, while Australian citizenship across the whole suburb stood at 87.9%.
Birthplace, citizenship and ancestry describe different parts of identity.
What ancestries shape Surrey Hills?Ancestry responses show how residents describe family and cultural background.
English ancestry accounted for 35.5% of ancestry responses in Surrey Hills.
Australian ancestry made up 28.7% of responses.
Chinese ancestry represented 14.7% of responses.
People may nominate more than one ancestry, so these are shares of responses.
What work do people do in Surrey Hills?Occupation describes a person’s role; industry describes the sector employing them.
40.6% of employed residents worked in professional occupations. That is well above the Greater Melbourne average.
Managers accounted for 20.2% of employed residents, while clerical and administrative workers made up 11.0%.
Health care and social assistance employed 15.2% of workers, and education and training employed 11.1%.
Occupation and industry figures describe employed residents of the suburb.
How active is the workforce in Surrey Hills?Participation, employment pattern and unemployment describe the resident labour force.
The labour-force participation rate was 66.3%, compared with 64.1% across Greater Melbourne.
37.1% of residents aged 15 and over worked full time, while 23.0% worked part time.
Unemployment was 4.2%, compared with 5.3% across Greater Melbourne.
Labour-force figures come from the 2021 Census.
What does the health profile of Surrey Hills show?Selected long-term health conditions help describe community service needs.
65.1% reported no selected long-term health condition.
7.5% reported a long-term mental health condition, including depression or anxiety.
7.6% reported asthma, 7.1% arthritis and 2.8% diabetes excluding gestational diabetes.
These are self-reported suburb-wide Census figures, not address-level health risks.
How educated is Surrey Hills?Qualifications describe the study pathways represented among local residents.
43.2% of people in the qualifications table held a bachelor degree. That is well above the Greater Melbourne average.
Postgraduate degrees accounted for 20.9% of qualification responses.
Diploma-level qualifications represented 12.3%, while certificate-level qualifications represented 9.8%.
Qualification categories are reported separately and are not school ratings.
What do incomes and housing costs look like in Surrey Hills?Census income and household payments give historical context for local living costs.
Median household income was $2,503 per week in the 2021 Census.
The median monthly mortgage repayment reported by local households was $3,000.
Occupied renting households reported a median rent of $462 per week.
These household figures are from 2021; current sale and asking-rent medians appear in the market section.
How does Surrey Hills compare with Greater Melbourne?A few clear differences place the suburb in its wider metropolitan context.
Working from home was 44.6% in Surrey Hills, compared with 28.8% across Greater Melbourne.
Outright ownership was 42.6% locally and 30.7% across Greater Melbourne. That is well above the Greater Melbourne average.
Renting accounted for 22.0% in Surrey Hills, against 31.1% across Greater Melbourne.
Capital-region comparisons use the same Census definitions and year.
Three useful questions
A buyer’s quick guide to Surrey Hills
Is Surrey Hills expensive?
The median house price is $2,130,000, while units and apartments sit at $900,000. Bedroom count, land and condition still create a wide range around those suburb medians.
Is Surrey Hills good for families?
The Census counted 3,754 local families, and 16.5% of residents were under 15. That describes the community; school quality, travel times and the right fit for a particular family need separate research.
What can I get for $1.5m in Surrey Hills?
2-bedroom houses have a median around $1,360,000, the closest bedroom benchmark we hold to a $1.5m budget. Individual homes can differ substantially with block size, renovation and location.
Medians describe recorded market activity across the suburb; they are historical context, not a valuation or forecast for an individual home.
Explore the area
Streets and suburbs around Surrey Hills
151 streets in Surrey Hills
Street-by-street reports are not published yet. The streets below are the ones this suburb covers.
- Alandale St
- Alastair Ct
- Albany Cr
- Albert Cr
- Albert St
- Albion St
- Alexandra Cr
- Allie St
- Amiens St
- Anderson St
- Arthur St
- Arundel Cr
- Austral St
- Balmoral Cr
- Banool Rd
- Barton St
- Beatrice Ave
- Bedford Ave
Show all 151 streetsShow fewer streets
- Beech St
- Belmont St
- Benson St
- Bentley St
- Benwerrin Rd
- Blackburn St
- Boisdale St
- Bona Vista Ave
- Bonner St
- Boronia St
- Bristol St
- Broughton Rd
- Canterbury Rd
- Charles St
- Chatham Rd
- Chertsey St
- Chester St
- Chestnut St
- Clyde St
- Como Ave
- Cookson Street
- Croydon Rd
- David St
- Delta St
- Dome St
- Drewett St
- Durham Rd
- Edyvean St
- Elgar Rd
- Elm St
- Elwood St
- Empress Rd
- Erasmus St
- Essex Rd
- Everton Gr
- Felix St
- Ferndale St
- Florence Rd
- Frimley Rd
- Gladstone St
- Glendale St
- Godfrey Ct
- Goodwood St
- Graham St
- Griffin Cl
- Grovedale Rd
- Guildford Rd
- Harding St
- Howell Ave
- James St
- Junction Rd
- Kennealy St
- Kent Rd
- Kingston Rd
- Lambourne St
- Langford St
- Leura St
- Lille St
- Loch St
- Marne St
- Mathilde Rd
- Meldreth St
- Middlesex Rd
- Mont Albert Rd
- Montrose St
- Neath St
- New St
- Newton St
- Norfolk Rd
- Norris St
- North Ct
- Oak St
- Olyve Ct
- Park Rd
- Parring Rd
- Payne St
- Pembroke St
- Pennant Ln
- Peppercorn Pl
- Pine St
- Prospect Hill Rd
- Queen St
- Rawlings St
- Redvers St
- Riversdale Rd
- Robinson Rd
- Rose Ave
- Rosemont St
- Ross St
- Royal Ln
- Russell St
- Scheele St
- Scottsdale St
- Shepherd St
- Shepreth St
- Sherwood Rd
- Sir Garnet Rd
- South Ct
- Stanley Tce
- Stirling Cr
- Suffolk Rd
- Sunbury Cr
- Surrey Ave
- Sydenham Ln
- Sythney Ct
- Tevelton Ln
- Thames St
- The Avenue
- Theodore St
- Thistle St
- Thornton Ave
- Tower St
- Tyndall St
- Union Rd
- Valonia Ave
- Varzin Ave
- Verdun St
- View St
- Vincent St
- Wandsworth Rd
- Warrigal Rd
- Warwick Ave
- Warwick Ct
- Wells St
- West Rd
- Weybridge St
- Wharton St
- Whitehorse Rd
- Willcyrus St
- Wilson St
- Windsor Cr
- Windsor Ln
- York St
12 suburbs surrounding Surrey Hills
Compare nearby suburb prices, rents and five-year market trends.
Keep exploring
Is Surrey Hills right for your search?
Use the finders to compare places and properties, or open the full report when you need the street, risk, schools and growth research.
Read the thinking
Figures update as new market and census data arrives. This suburb overview is general information, not a valuation or financial advice.