October 2026 data · Boroondara · VIC
Surrey Hills house prices: median price and growth
- Median house
- $2.19m ▼ −5.0% in 12 months
- Median unit
- $900k ▲ +4.4% in 12 months
The median house price in Surrey Hills is $2.19m (October 2026), down 5.0% over 12 months. Units have a median of $900k, up 4.4% over 12 months. That puts Surrey Hills above the typical Melbourne Eastern Suburbs suburb ($1.50m) and number 5 of the 10 suburbs around it.
Median house price
- $2.25M+
- $2M–$2.25M
- $1.75M–$2M
- $1.5M–$1.75M
- $1.25M–$1.5M
- $1M–$1.25M
- $750K–$1M
- $500K–$750K
- <$500K
Surrey Hills price changes
| Type | Median | 3 mo | 6 mo | 12 mo |
|---|---|---|---|---|
| House | $2.19m | ▼ −0.5% | ▼ −2.4% | ▼ −5.0% |
| Unit | $900k | 0.0% | ▼ −4.8% | ▲ +4.4% |
Changes compare the median with three, six and twelve months earlier. A dash means too few sales for a reliable figure. How these figures are worked out.
Surrey Hills compared with nearby suburbs
Suburbs within about 1 km of Surrey Hills, dearest house median first. Select a column heading to sort.
| House | Unit | |||||||
|---|---|---|---|---|---|---|---|---|
| Canterbury | $3.13m | ▼ −2.4% | ▼ −15.3% | ▼ −16.7% | $1.02m | ▼ −13.3% | ▼ −12.4% | ▼ −10.1% |
| Balwyn | $2.67m | ▼ −0.6% | ▼ −7.0% | ▼ −8.1% | $839k | ▼ −2.0% | ▼ −1.4% | ▲ +3.3% |
| Camberwell | $2.42m | ▼ −4.3% | ▼ −5.1% | ▼ −7.3% | $995k | ▲ +6.3% | ▲ +0.8% | ▲ +10.6% |
| Balwyn North | $2.22m | ▼ −3.6% | ▼ −4.7% | ▼ −5.7% | $1.32m | ▲ +16.1% | ▲ +18.6% | ▲ +14.2% |
| Surrey Hills | $2.19m | ▼ −0.5% | ▼ −2.4% | ▼ −5.0% | $900k | 0.0% | ▼ −4.8% | ▲ +4.4% |
| Mont Albert | $2.06m | ▼ −11.6% | ▼ −14.8% | ▼ −17.7% | $808k | ▲ +1.3% | ▼ −0.1% | ▼ −0.9% |
| Mont Albert North | $1.59m | ▼ −10.5% | ▼ −9.5% | ▼ −6.5% | $1.06m | ▼ −16.3% | ▼ −18.6% | ▼ −18.6% |
| Box Hill | $1.58m | ▼ −4.0% | ▼ −5.7% | ▼ −6.7% | $500k | ▼ −0.4% | ▼ −1.0% | ▼ −6.9% |
| Box Hill South | $1.43m | ▼ −1.7% | ▼ −5.7% | ▼ −1.2% | $860k | ▲ +0.5% | ▼ −4.8% | ▼ −6.0% |
| Burwood | $1.38m | ▼ −2.5% | ▼ −4.8% | ▼ −8.1% | $814k | ▼ −1.2% | ▼ −6.1% | ▲ +1.8% |
Living in Surrey Hills
From the 2021 ABS Census: Surrey Hills against the Boroondara council area and VIC. Council and state percentages count all their residents; their medians are the middle suburb by population.
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| Figure | Surrey Hills | Boroondara (council) | VIC |
|---|---|---|---|
| People | |||
| Population | 13,655 | 182,676 | 6,503,500 |
| Median age | 42 | 41 | 39 |
| Families with children | 🔒 | 🔒 | 🔒 |
| Born overseas | 26.9% | 32.2% | 30.0% |
| Language other than English at home | 🔒 | 🔒 | 🔒 |
| Work and education | |||
| Median household income | $2,503/wk | $2,457/wk | $1,856/wk |
| Median personal income | 🔒 | 🔒 | 🔒 |
| Professionals and managers | 🔒 | 🔒 | 🔒 |
| Unemployment | 🔒 | 🔒 | 🔒 |
| Bachelor degree or higher | 🔒 | 🔒 | 🔒 |
| Completed Year 12 | 🔒 | 🔒 | 🔒 |
| Housing | |||
| Owned outright | 🔒 | 🔒 | 🔒 |
| Owned with a mortgage | 🔒 | 🔒 | 🔒 |
| Rented | 21.6% | 29.1% | 28.5% |
| Separate houses | 🔒 | 🔒 | 🔒 |
| Flats and apartments | 🔒 | 🔒 | 🔒 |
| Median weekly rent | 🔒 | 🔒 | 🔒 |
| Median mortgage repayment | 🔒 | 🔒 | 🔒 |
| Advantage | |||
| SEIFA advantage (IRSAD), Australian decile | 🔒 | 🔒 | 🔒 |
🔒 Age, occupation and ancestry breakdowns for Surrey Hills, its council and VIC
Source: ABS Census of Population and Housing 2021. More figures, maps and the 2016 Census are in Location Insights.
Common questions
What is the median house price in Surrey Hills?
The median house price in Surrey Hills was $2.19m in October 2026, down 5.0% on a year earlier. The typical Melbourne Eastern Suburbs suburb median was $1.50m.
What is the median unit price in Surrey Hills?
The median unit price in Surrey Hills was $900k in October 2026, up 4.4% over 12 months.
Is Surrey Hills more expensive than nearby suburbs?
Of the 9 neighbouring suburbs with a median house price, 4 are dearer than Surrey Hills and 5 are cheaper or the same.
Where does this data come from?
Prices come from REA sales data for October 2026, all bedroom counts, refreshed monthly. Medians cover sales over the past 12 months; changes are shown only where at least 10 homes of that type sold.