Surrey Hills — Houses

NEUTRAL
VIC 3127 House Rank #106 of 263 in Melbourne
$2.13M
Median House Price · recent comparable sales
DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
NEUTRAL
DEMAND
118 buyers/listing
Strong
LIQUIDITY
27d DOM
Neutral
AFFORDABILITY
-4.7% vs 5yr
Neutral
GROWTH OUTLOOK
Below average
Weak
YIELD
2.3%
Weak
SUPPLY PRESSURE
1.2% vacancy
Strong
#106/263 Below average Structure 10 $2.13M

Atlaso rates Surrey Hills houses as HOLD. Average growth outlook. Vacancy remains tight at 1.16%, but short-term momentum is weakening. Better houses options may be available in Melbourne.

At $2.13M, Surrey Hills ranks #106 of 263 houses in Melbourne. The long-term structural outlook is Below average. Buyer demand is strong with 118 buyers per listing.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned houses identified in Melbourne.

Surrey Hills Price History

All houses · monthly median sale price

Market Intelligence

What's Happening Now

Buyer's Market Stock rising, prices softening. Buyers have leverage.
-5.0%
Asking Prices (3mo)
+3.9%
Rents (12mo)
1.5%
Vacancy
50%
Fresh Stock (<30d)

House Asking Prices (12 months)

$2.01M

House Weekly Rents (12 months)

$908/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 3127.

Suburb Profile

Surrey Hills at a Glance

SEIFA Index
10/10
Most advantaged
Household Income
$2,448/wk
Median household
Median Age
42
Years
Mortgage Stress
27%
of income
Population Growth
+0.1%
vs state +2.2%
Ownership Mix
39.8% owned 33.5% mortgage 24.6% renting

Demographic Trends

Surrey Hills Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Surrey Hills Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Surrey Hills a good suburb to invest in?
Atlaso rates Surrey Hills as HOLD confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Surrey Hills and 46 Australian cities to generate this rating.
What is the median house price in Surrey Hills?
The current median house price in Surrey Hills, vic is $2.13M, with annual growth of +7.4%. Properties sell in approximately 27 days.
How fast do properties sell in Surrey Hills?
Properties in Surrey Hills sell in 27 days on average. The market is currently rated Below average. This is in line with the broader market.
What is the growth outlook for Surrey Hills?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Surrey Hills's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Surrey Hills?
The gross rental yield for houses in Surrey Hills is 2.3%. This is below average, typical of capital-growth focused suburbs where prices have outpaced rents.

Want to compare suburbs?

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).