Surrey Hills (VIC 3127): property prices & suburb profile
Boroondara LGA · Latest published data October 2025 · Page updated August 2026 · Public government records
Surrey Hills property prices
The typical Surrey Hills house sold for around $2,308,000 in the year to 2025-Q4, +56.6% over 10 years and +20.2% over 5 years.
Change in medians published by the Victorian Valuer-General · rolling year to 2025-Q4 for recent horizons, yearly medians to 2024 further back
View as table
| Period | Houses (yearly + recent quarters) | Units (yearly + recent quarters) |
|---|---|---|
| 2013 | $1,323,000 | $643,500 |
| 2014 | $1,450,000 | $621,000 |
| 2015 | $1,750,000 | $695,000 |
| 2016 | $1,800,500 | $720,000 |
| 2017 | $2,170,000 | $857,500 |
| 2018 | $1,900,000 | $782,000 |
| 2019 | $1,890,000 | $770,000 |
| 2020 | $1,880,000 | $815,000 |
| 2021 | $2,310,000 | $925,000 |
| 2022 | $2,283,000 | $840,000 |
| 2023 | $2,402,500 | $906,000 |
| 2024 | $2,271,000 | $870,000 |
| Apr 2024 | $2,250,000 | $875,000 |
| July 2024 | $2,300,000 | $865,000 |
| Oct 2024 | $2,223,000 | $865,000 |
| 2025 | $2,520,000 | $815,000 |
| Apr 2025 | $2,245,000 | $1,106,000 |
| July 2025 | $2,325,000 | $850,000 |
| Oct 2025 | $2,200,000 | $916,000 |
- Medians are published by the Victorian Valuer-General per suburb; we do not have individual sale records for this state, so there is no street-level breakdown on this page (our New South Wales pages have one).
- The headline figure is a sales-weighted average of the last four quarterly medians, not a median of individual sales, because one quiet quarter in a single suburb can move a quarterly median by more than the market did. The chart below plots each quarter as published.
- The Victorian Valuer-General yearly file currently ends at 2024; newer points on the chart and the short-horizon changes come from the quarterly file.
- Change over time reflects what sold in each period, not the value of any one home: a run of large or small homes moves it.
- Periods with fewer than 5 recorded sales are excluded.
Surrey Hills medians by quarter
The most recent quarter on record for Surrey Hills is 2025-Q4.
| 2025-Q4 | Unit | $916k | 39 |
| 2025-Q4 | House | $2.20M | 54 |
| 2025-Q3 | Unit | $850k | 31 |
| 2025-Q3 | House | $2.33M | 38 |
| 2025-Q2 | Unit | $1.11M | 22 |
| 2025-Q2 | House | $2.25M | 26 |
| 2025-Q1 | Unit | $815k | 34 |
| 2025-Q1 | House | $2.52M | 32 |
| 2024-Q4 | Unit | $865k | 49 |
| 2024-Q4 | House | $2.22M | 34 |
| 2024-Q3 | Unit | $865k | 29 |
| 2024-Q3 | House | $2.30M | — |
- Sale counts are shown so you can judge how solid each median is.
Who lives in Surrey Hills
Surrey Hills has a median age of 42 and a median household income of $2,503 a week.
- Figures labelled Surrey Hills are for the suburb boundary itself (ABS 2021 Census). Anything labelled SA2 or postcode covers a wider area: SA2 "Surrey Hills (West) - Canterbury" and postcode 3127 both extend beyond Surrey Hills.
- SEIFA decile 1 is the lowest tenth of Australian areas on that index and 10 the highest. The four indices measure different things and often disagree, which is why all four are shown: a suburb can rank high on education and occupation while ranking mid on economic resources.
Schools in Surrey Hills
The 4 schools in Surrey Hills sit at the 96th percentile nationally on ACARA's socio-educational index.
| Chatham Primary School | Government | Primary | 1,147 |
| Our Holy Redeemer School | Catholic | Primary | 1,180 |
| Our Lady of Perpetual Succour School | Catholic | Primary | 1,142 |
| Surrey Hills Primary School | Government | Primary | 1,166 |
- ICSEA is ACARA's socio-educational index (average 1000). It describes the family backgrounds of the students enrolled, NOT how well a school teaches: a lower ICSEA means a less advantaged intake, not a worse school.
- Percentiles are ACARA's own national ranking, so the Australia bar is a published figure rather than our arithmetic. Each area shows the median of the mainstream schools sitting inside it; special schools are listed in the table but excluded from the medians.
- Public school intake zones are not published in our dataset for this state, so confirm catchments with the school.
Suburbs near Surrey Hills
Surrey Hills's typical house price of $2,308,000 is the 10th highest of the 62 Melbourne East suburbs we cover.
Abbotsford 3067
$1,309,000 typical house price
Ashburton 3147
$1,930,000 typical house price
Ashwood 3147
$1,520,000 typical house price
Balwyn 3103
$2,889,000 typical house price
Balwyn North 3104
$2,316,000 typical house price
Bayswater 3153
$931,000 typical house price
Bayswater North 3153
$923,000 typical house price
Blackburn 3130
$1,614,000 typical house price
Surrey Hills: common questions
- How much does a house cost in Surrey Hills?
- About $2,308,000 across the 12 months to 2025-Q4, from 150 recorded sales. That is a sales-weighted average of the four quarterly medians published by the Victorian Valuer-General: a single quarter in one suburb can swing on a handful of sales.
- Have Surrey Hills prices gone up?
- Prices have risen 56.6% over 10 years and moved +20.2% over 5 years, comparing the latest rolling year with the same window a decade earlier. These movements reflect the mix of homes sold, not the change in value of a specific property.
- What do units cost in Surrey Hills?
- The typical unit price was around $906,000 across the 12 months to 2025-Q4: a sales-weighted average of the quarterly unit medians, from 126 sales.
- Can I see Surrey Hills prices street by street?
- Not yet. VIC publishes suburb-level medians rather than individual sale records, so street-level medians are only available on our New South Wales pages.
- Which schools are in Surrey Hills?
- Surrey Hills has 4 ACARA-registered schools: Chatham Primary School, Our Holy Redeemer School, Our Lady of Perpetual Succour School, Surrey Hills Primary School.
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Data sources
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This page summarises public government datasets for general information. It is not financial, legal or property advice, figures can contain source errors, and postcode or SA2 statistics cover a wider area than the suburb itself. Flood and bushfire overlays are not yet loaded for VIC pages, so the absence of a risk section is a data gap, not an all-clear: always check the vendor statement and planning certificate. Verify anything material independently before acting on it.