Mont Albert vs Surrey Hills
Surrey Hills (median $2,260,000) is roughly 30% cheaper to buy into than Mont Albert ($3,210,000).
Buying in Mont Albert or Surrey Hills?
Selling in Mont Albert? The free selling guide
Mont Albert and Surrey Hills side by side
| Measure | Mont Albert | Surrey Hills |
|---|---|---|
| Price and market | ||
| Median house | $3,210,000 | $2,260,000 |
| Median unit | $730,500 | $1,068,000 |
| Renting | ||
| House rent | $800/wk | $800/wk |
| Unit rent | $570/wk | $570/wk |
| Owner occupied | 70.0% | 76.0% |
| Renter occupied | 28.0% | 22.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1132 | 1150 |
| Lifestyle and people | ||
| Walk score | 100 | 100 |
| Transit score | 60 | 20 |
| Bike score | 100 | 100 |
| Population | 4,948 | 13,655 |
| Median age | 42 | 42 |
| Climate | ||
| Annual rainfall | 707 mm | 732 mm |
| Mean max, January | 26.9°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
On school quality, the average ICSEA across schools serving Surrey Hills (1150) sits above Mont Albert (1132).
- For buyers
- Surrey Hills is the lower entry point at $2,260,000 median, 30% 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 1.30%), favouring cash-flow investors.
- For families
- Surrey Hills edges out on average school ICSEA (1150 vs 1132).
Mont Albert vs Surrey Hills: common questions
Is Mont Albert or Surrey Hills cheaper to buy in?
Surrey Hills has the lower median house price at $2,260,000, roughly 30% below Mont Albert ($3,210,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Mont Albert or Surrey Hills have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Surrey Hills scores 1150 vs 1132 in Mont Albert. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which suburb has higher rental yield, Mont Albert or Surrey Hills?
Gross rental yield on houses is 1.84% in Surrey Hills vs 1.30% in Mont Albert. 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
The two suburbs
Compare Mont Albert with
Choosing between Mont Albert and Surrey Hills?
The free buying guide: budget, schemes, inspections and how not to overpay.