Side by sideSuburb comparison

Redwood Park vs Surrey Downs.

Comparing two suburbs with median house prices of $850,000 and $867,500. Surrey Downs edges out on more headline metrics in this comparison.

Redwood Park (median $850,000) is roughly 2% cheaper to buy into than Surrey Downs ($867,500). Over the past year, Surrey Downs (+24.8%) ran 12.1 percentage points ahead of Redwood Park (+12.7%) on house-price growth.

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).

The takeWhich suburb suits which buyer

For buyers

Redwood Park is the lower entry point at $850,000 median, 2% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Surrey Downs carries both higher gross yield (3.72% vs 3.67%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.

For families

Surrey Downs edges out on average school ICSEA (1038 vs 1035).

Common questionsRedwood Park vs Surrey Downs

Common questions

Is Redwood Park or Surrey Downs cheaper to buy in?

Redwood Park has the lower median house price at $850,000, roughly 2% below Surrey Downs ($867,500). 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, Surrey Downs grew +24.8% vs +12.7% in Redwood Park, a gap of 12.1 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 3.72% in Surrey Downs vs 3.67% 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.

The numbers behind the take

Redwood Park
Metric
Surrey Downs

Price & Market

$850,000
Median house
$867,500
$237,600
Median unit
$240,480
+12.7%
Annual growth (house)
+24.8%
Days on market

Rental

$600/wk
Rent (house / wk)
$620/wk
$350/wk
Rent (unit / wk)
$520/wk
87.0%
Owner occupied
79.0%
11.0%
Renter occupied
19.0%

Lifestyle & Demographics

22
Walk score
28
0
Transit score
0
85
Bike score
80
5,367
Population
3,358
40
Median age
38

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1035
Avg ICSEA
1038

Climate

448 mm
Annual rainfall
448 mm
27.9°C
Mean max (Jan)
27.9°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).