Market analysis for investment properties in Surrey Hills
Shopping in Surrey Hills is convenient with Union Road offering a range of boutique stores, cafes, and restaurants. Residents also have easy access to nearby larger shopping centers such as Chadstone Shopping Centre and Westfield Doncaster.
Surrey Hills is well-served in terms of education with prestigious primary schools like Surrey Hills Primary School and Chatham Primary School, along with sought-after secondary schools such as Camberwell High School and Box Hill Senior Secondary College in the vicinity.
The suburb is conveniently connected to the Melbourne CBD by public transport, with Surrey Hills Railway Station providing easy access to the city via the Belgrave and Lilydale lines. Additionally, multiple bus routes run through the area, offering further options for commuters.
Surrey Hills is known for its leafy streets and green spaces, including Surrey Gardens which features a playground, sports facilities, and picnic areas. The nearby Canterbury Gardens and Wattle Park also provide residents with ample opportunities for outdoor recreation and relaxation.
Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.
Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.
See live suburb and LGA market signals.
Investors analyzing Surrey Hills often compare these adjacent markets for better entry points or higher yields.
Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Surrey Hills, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.

Frequently asked questions about the Surrey Hills property market in 2026.
As of March 2026, the Surrey Hills property market presents a stable investment landscape. Over the last 12 months, houses have seen an annual growth rate of -3.11% and units have grown by 8.46%. These figures reflect the evolving demand within Boroondara, offering potential for long-term value preservation.
Based on the latest market snapshot, median property prices in Surrey Hills range from $2,255,000 for houses to $949,000 for units. These values are calculated based on recent transaction data and current buyer activity across the Boroondara region.
For investors targeting cash flow, houses rent for $850 /pw with a 1.96% yield, while units rent for $625 /pw with a 3.42% yield. This rental performance is a key indicator of strong tenant demand within the Surrey Hills area.