Side by sideSuburb comparison

Surrey Downs vs Redwood Park.

Comparing two suburbs with median house prices of $867,500 and $850,000. 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 (28/100 vs 22/100 ), 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 questionsSurrey Downs vs Redwood Park

Common questions

Is Surrey Downs or Redwood Park 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, Surrey Downs or Redwood Park?

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 Surrey Downs or Redwood Park 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, Surrey Downs or Redwood Park?

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, Surrey Downs or Redwood Park?

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

Surrey Downs
Metric
Redwood Park

Price & Market

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

Rental

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

Lifestyle & Demographics

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

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1038
Avg ICSEA
1035

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).