Suburb Profile Report for Surrey Hills VIC (3127)

Surrey Hills House: Median price $2,015,000, Annual capital growth 7.89%, Number of sales 144, Weekly median advertised rent $700

Surrey Hills Unit: Median price $825,000, Annual capital growth 6.27%, Number of sales 95, Weekly median advertised rent $430

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a stable capital gain of 11.94% for the last year, Surrey Hills, 3127 is the 1315th highest performer in Australia in this respect.

When looking at the potential capital gains offered to property investors over the last 3 years, Surrey Hills comes in at number 227th in VIC.

At number 366th of VIC’s most discounted properties, Surrey Hills is in the middle of the state/territory when listing in order of most discounted to least.

Residents and property investors in Surrey Hills have been waiting around 82.48 days to sell a property.

Situated 11.89km from the CBD, Surrey Hills is one of Whitehorse localities in the postcode 3127.

Surrey Hills, 3127 ranked 107th in VIC when comparing growth in median property values or capital gain over the last 12 months. Surrey Hills is one of 2098 in our list for VIC

Taking the average capital gain, or increase in median house value, Surrey Hills,3127 has racked up an average of 12.51% over the period. This ranks it number 331th in the whole country for real estate investors looking at median house price increases.

Surrey Hills3127 is located in VIC which offers an average discount of -4.58% to property investors. Surrey Hills itself is showing figures that indicate -8.34% is the average achievable by property buyers investing in the suburb.

Often selling an investment property can take time, and in Surrey Hills the average time real estate has been on the market is 55 days.

Property investors should expect to get $430 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$2,015,000 $825,000
5.64% 0.43%
11.94% 12.51%
7.89% 6.27%
$700 $430
144 95
1.81% 2.71%
82.48 55

Source: CoreLogic

DSR Score for property investment : Good (H), Balanced (U)
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Demographics
Total population 13132
Median household income ($/weekly) 2034
Median age of persons 39
Median housing loan repayment ($/monthly) 2167
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 1784 13.6
    25-34 years 1376 10.5
    35-44 years 1808 13.8
    45-54 years 2053 15.6
    55-64 years 1709 13.0
    Others 4402 33.5
    Age Group
    Census Count Percent(%)
    Registered Married 5262 54.0
    Not Married 3895 39.9
    Defacto Relationship 594 6.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 9801 77.3
    Croatia 379 3.0
    Papua New Guinea 213 1.7
    United Kingdom 571 4.5
    Other 353 2.8
    Others 1360 10.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 264 2.2
    Christianity 7654 63.5
    Hinduism 164 1.4
    Other Religious Groups 72 0.6
    No Religion 3835 31.8
    Others 67 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 401 9.8
    $2,000-$2,499 335 8.2
    $2,500-$2,999 598 14.6
    $3,000-$3,499 434 10.6
    $4,000 or more 465 11.4
    Others 1850 45.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4046 39.5
    Not in the labour force 3122 30.5
    Employed, worked part-time 2406 23.5
    Employed, away from work 348 3.4
    Unemployed, looking for work 318 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 1176 17.3
    Professionals 2620 38.5
    Community & personal service workers 524 7.7
    Clerical & administrative workers 1013 14.9
    Sales 651 9.6
    Others 817 12.0
    Occupation
    Census Count Percent(%)
    Pre-school 291 7.5
    Infants/Primary 1216 31.3
    Secondary 1009 25.9
    Technical or Further Educational Institution 229 5.9
    University or other Tertiary Institutions 1053 27.1
    Others 92 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9441 76.3
    Semi-detached, row or terrace house, townhouse 2267 18.3
    Flat, unit or apartment 616 5.0
    House or flat attached to a shop, office 54 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1918 42.3
    Being purchased 1584 35.0
    Rented 1001 22.1
    Other tenure type 27 0.6
    Tenure Type
Census 2011, ABS
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