Canterbury vs Surrey Hills
Surrey Hills (median $2,260,000) is roughly 36% cheaper to buy into than Canterbury ($3,544,000).
Buying in Canterbury or Surrey Hills?
Selling in Canterbury? The free selling guide
Canterbury and Surrey Hills side by side
| Measure | Canterbury | Surrey Hills |
|---|---|---|
| Price and market | ||
| Median house | $3,544,000 | $2,260,000 |
| Median unit | $1,251,100 | $1,068,000 |
| Renting | ||
| House rent | $800/wk | $800/wk |
| Unit rent | $570/wk | $570/wk |
| Owner occupied | – | 76.0% |
| Renter occupied | – | 22.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1150 | 1150 |
| Lifestyle and people | ||
| Walk score | 64 | 100 |
| Transit score | 20 | 20 |
| Bike score | 100 | 100 |
| Population | – | 13,655 |
| Median age | – | 42 |
| Climate | ||
| Annual rainfall | 657 mm | 732 mm |
| Mean max, January | 27.0°C | 26.6°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
Surrey Hills scores higher on walkability (64/100 vs 100/100 ), useful if you're optimising for a car-light household.
- For buyers
- Surrey Hills is the lower entry point at $2,260,000 median, 36% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Surrey Hills offers the higher gross rental yield (1.84% vs 1.17%), favouring cash-flow investors.
- For families
- School and household data is too similar between the two to call a winner on family fit. Check the individual profiles for street-level school catchments.
Canterbury vs Surrey Hills: common questions
Is Canterbury or Surrey Hills cheaper to buy in?
Surrey Hills has the lower median house price at $2,260,000, roughly 36% below Canterbury ($3,544,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which is more walkable, Canterbury or Surrey Hills?
Surrey Hills scores 100/100 on walkability vs 64/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Canterbury or Surrey Hills?
Gross rental yield on houses is 1.84% in Surrey Hills vs 1.17% in Canterbury. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
Keep comparing
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