With a capital gain of -16.32% for the last 12 months, Surrey Hills, 3127 has performed for property investments than its average annual 7.34% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Surrey Hills has given property investors a paper return of -4.24%. This puts Suburb as 625 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 -6.82% offered to property buyers. Sellers in Surrey Hills itself are offering an average vendor discount of -6.93% to real estate investors.
At number 1308 in a list of fastest selling suburbs, Surrey Hills is in the TOP 40% of suburbs in Australia with an average of days on market 67.5692 for properties listed there.
Renters in Suburb are facing rents around $40820 per annum or $785 every week.
Investment property in Surrey Hills has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -9.38%
A 13.73% growth in median value for property investors in Surrey Hills,3127 puts this suburb at number 269th in terms of best performing suburbs in VIC
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Surrey Hills, 3127. Typically our figures indicate that -6.37% is being offered, which puts this VIC suburb at 537th most discounted overall in Australia.
In the last year 63 properties changed hands in Surrey Hills, which puts it as the 90th most active market in VIC when comparing the number of sales per suburb.
Advertised rents are around the $465 mark per week – giving a return of 3.34% based on the median price in Suburb