Redwood Park vs Surrey Downs
Surrey Downs (median $850,000) is roughly 6% cheaper to buy into than Redwood Park ($900,000). Over the past year, Redwood Park (+19.1%) ran 6.2 percentage points ahead of Surrey Downs (+12.9%) on house-price growth.
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Redwood Park and Surrey Downs side by side
| Measure | Redwood Park | Surrey Downs |
|---|---|---|
| Price and market | ||
| Median house | $900,000 | $850,000 |
| Median unit | $237,600 | $240,480 |
| House price change, 12 months | +19.1% | +12.9% |
| Renting | ||
| House rent | $600/wk | $660/wk |
| Unit rent | $465/wk | $550/wk |
| Owner occupied | 87.0% | 79.0% |
| Renter occupied | 11.0% | 19.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1035 | 1038 |
| Lifestyle and people | ||
| Walk score | 22 | 28 |
| Transit score | 0 | 0 |
| Bike score | 85 | 80 |
| Population | 5,367 | 3,358 |
| Median age | 40 | 38 |
| Climate | ||
| Annual rainfall | 547 mm | 547 mm |
| Mean max, January | 29.6°C | 29.6°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 Downs scores higher on walkability (22/100 vs 28/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Surrey Downs (1038) sits above Redwood Park (1035).
- For buyers
- Surrey Downs is the lower entry point at $850,000 median, 6% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Investors face a yield-versus-growth split: Surrey Downs delivers the better gross yield (4.04% vs 3.47%), but Redwood Park has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
- For families
- Surrey Downs edges out on average school ICSEA (1038 vs 1035).
Redwood Park vs Surrey Downs: common questions
Is Redwood Park or Surrey Downs cheaper to buy in?
Surrey Downs has the lower median house price at $850,000, roughly 6% below Redwood Park ($900,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Redwood Park or Surrey Downs?
Over the past 12 months, Redwood Park grew +19.1% vs +12.9% in Surrey Downs, a gap of 6.2 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Does Redwood Park or Surrey Downs have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Surrey Downs scores 1038 vs 1035 in Redwood Park. 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 is more walkable, Redwood Park or Surrey Downs?
Surrey Downs scores 28/100 on walkability vs 22/100. 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, Redwood Park or Surrey Downs?
Gross rental yield on houses is 4.04% in Surrey Downs vs 3.47% in Redwood Park. 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.
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