Surrey Hills

Surrey Hills, situated approximately 11 km east of Melbourne’s Central Business District, falls within the City of Boroondara. This suburb is renowned for its leafy streets, period homes, and a strong sense of community, making it desirable for families and professionals.

Demographic Profile

• Population: According to the 2021 census, the population of Surrey Hills was 13,655.
• Predominant Age Group: The suburb and young families are popular among the 40-59 age group.
• Median Household Income: Generally above the Melbourne average, indicative of the suburb’s affluence.
• Occupancy: Dominated by homeowners with a smaller percentage of rentals, reflecting its stability and family-oriented nature.

Real Estate and Growth

• Median House Prices: The median house price in Surrey Hills is approximately AUD 2,000,000, reflecting its status as a premium suburb.
• Median Unit Prices: Units and townhouses typically range around AUD 1,000,000.
• Rental Market: The median house rent is about AUD 650 per week, while units average around AUD 450 per week.
• Market Trends: The suburb is characterised by steady and robust growth in property values, driven by its desirability and limited supply of homes.

Education and Lifestyle

• Schools: Home to several excellent schools, including Surrey Hills Primary School and nearby secondary colleges.
• Local Vibe: Known for its tranquil and upscale atmosphere and strong community feel.
• Community Insights: Residents often cite the suburb’s safety, beautiful parks, and convenient access to amenities as key attractions.

Transportation

• Public Transport: Well-serviced by train with the Surrey Hills station and multiple tram and bus routes, offering good connectivity to the city and surrounding areas.
• Accessibility: Proximity to significant arterials like the Eastern Freeway enhances its connectivity.

Notable Features

• Shopping and Dining: Hosts a range of local shops, cafes, and restaurants, particularly along Union Road and Whitehorse Road.
• Recreational Areas: Features several parks and green spaces, including Surrey Park and Wattle Park, popular for their walking trails and sports facilities.

Surrey Hills is a prestigious and leafy suburb known for its high-quality living standards, excellent schools, and intense community atmosphere. It’s particularly appealing to those seeking a peaceful, family-friendly environment with the convenience of easy city access and high-end local amenities. The suburb’s real estate market reflects its status, with strong property values and demand for its charming period homes and modern developments.