Surrey Hills is in the bottom 20% in VIC when comparing median price capital growth over the last year. Surrey Hills gave property investors a dismal capital gain figure when compared to the rest of the state, with 1.14%.
If we look at median property appreciation over just the last three months, Surrey Hills has given property investors a paper return of 0.00%. This puts Suburb as 494 on a list of fastest fasting appreciating suburbs in VIC
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.91% offered to property buyers. Sellers in Surrey Hills itself are offering an average vendor discount of -1.81% to real estate investors.
Situated 11.95km from the CBD, Surrey Hills is one of Whitehorse localities in the postcode 3127.
Over the last year, property investments in Surrey Hills, 3127 have given investors a capital gain of -3.16%. This compares badly with the 3.49% for VIC as a whole.
Across a shorter period, Surrey Hills, 3127 has seen a median price increase of -3.16% over the last quarter.
Sellers are offering property buyers an average discount of -3.20% to buyers in Surrey Hills at the moment, which is less than average for the rest of VIC.
Advertised rents are around the $420 mark per week – giving a return of 2.97% based on the median price in Suburb